Describe inventory management strategy

Assignment Help Business Management
Reference no: EM13797274

Your team has been asked to evaluate the existing inventory management strategy at GTNT to find out how the company may optimize its operational performance. The company has also asked for a recommendation of which subcontractor to employ.

How would you plan around an emergency, such as a natural disaster? If a hurricane disrupted the supply of raw materials and the work-in-process inventory needed to produce finished goods, how would you modify the reorder points and quantities per order and why?

Reference no: EM13797274

Questions Cloud

Predict the potential effects that government policies : Outline a plan that managers in the low-calorie, frozen microwaveable food company could follow in anticipation of raising prices when selecting pricing strategies for making their products response to a change in price less elastic.
What factors influence the annual income : Would like to know what factors influence the annual income of a person. What are some of the variables you will look for? How would you collect data on these variables? Is the data qualitative or quantitative? Remember that for each person you find ..
Communication breakdowns in internal politics : Communication breakdowns in internal politics
How is your community preparing for a potential disaster : As a community health nurse, what elements do you think are important to stress to the community? How is your community preparing for a potential disaster, or how has it prepared?
Describe inventory management strategy : Your team has been asked to evaluate the existing inventory management strategy at GTNT to find out how the company may optimize its operational performance. The company has also asked for a recommendation of which subcontractor to employ.
A fair playing one of the midway games : 1. Imagine yourself at a fair playing one of the midway games. Pick a game and calculate the expected value and post your results along with how you calculated them. For example, you may decide to throw a basketball to try to win a $10 bear. You paid..
How do we honor traditions and cultures of so many groups : how do we honor the traditions and cultures of so many varied groups without inadvertently disadvantaging anyone? How can we develop strategies to ensure that cultural traditions are respected.
Legal requirements for the investigator : Detail the concept for admissibility of plain sight evidence and the legal requirements for the investigator to invoke a plain sight seizure.
Emphasize the importance of identifying critical path : Emphasize the importance of identifying critical path on projects and the manner in which one would allocate resources to all of the activities on the critical path.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd