Describe the carrying cost components

Reference no: EM133573734

Establishing an Inventory Carrying Cost Percent

From Supply Chain Logistics Management, Bowersox, Closs, Cooper, and Bowersox,:

You have been asked to establish an inventory carrying cost percent to supply your firm's supply chain planning initiatives.

- Identify and describe the carrying cost components.

- Review the various approaches to determine the opportunity cost component and provide the rationale for each.

- Recommend which approach you would use and why.

- Identify the implications of the opportunity cost decision on supply chain design decisions.

Reference no: EM133573734

Questions Cloud

Rapid growth of premium package services : What is the economic justification for the rapid growth of premium package services?

Researched throughout the time period required : Showcases your individuality, actions, and impacts on what you have learned, read and researched throughout the time period required

Polyface and industrial model of food production : Reflect on the differences between the operating systems of Polyface and the industrial model of food production.

Retailer-supplier partnerships-quick response : Three types of retailer-supplier partnerships: quick response, continuous replenishment, and vendor managed inventory (VMI).

Describe the carrying cost components : Describe the carrying cost components. Identify the implications of the opportunity cost decision on supply chain design decisions.

Types of retailer-supplier partnerships : We discussed three types of retailer-supplier partnerships: quick response, continuous replenishment, and vendor-managed inventory (VMI).

Measure of performance in strategic supply chain management : What is the Business Intelligent Competency Center and its measure of performance in strategic supply chain management?

What is Density Weight and how and why is it used : What is Density Weight and how and why is it used? (Hint- Air Transport) Please give an example displaying the difference between size and weight.

Risk of the challenges using supply chain management : How they can address and eliminate the risk of the challenges using supply chain management

User Account

All Pages