Discuss the inventory management strategies

Assignment Help Operation Management
Reference no: EM132757036

Question

Discuss the inventory management strategies you would recommend for your organization and international location. Describe your recommendations and provide a rationale for your decisions. Include the factors specific to your selected country that influenced your inventory management strategy recommendations. the company is caterpillar.

Reference no: EM132757036

Questions Cloud

Give me a good example of primacy : Give me a good example of primacy and recency effect as it relates to hindsight bias.
Which asset measurements in conventional financial statement : Which Asset measurements in conventional financial statements? Which of the following statements is incorrect regarding the provisions of PFRS 1?
Demonstrate that identification of the passages is correct : Determine whether the following passage contain arguments. If they do, write "argument"; if not, write "no argument." For passages without arguments
What is the cost per equivalent unit : Calculate the cost per equivalent unit for labor (assuming that labor is added uniformly throughout the production process). The balance in beginning Work.
Discuss the inventory management strategies : Discuss the inventory management strategies you would recommend for your organization and international location.
Which is most likely acceptable measurement for agricultural : Which is most likely an acceptable measurement for agricultural produce? lower of cost and Net Realizable Value. / lower of cost and FV less cost to sell
Compile a report to the board of directors detailing option : Unican Ltd is looking to expand its operations and increase its market share in the canned food industry. To achieve this it is looking to increase its current.
How much is the carrying amount of the investment property : Fair value of P980,000. at the end of year 1. How much is the carrying amount of the investment property under the fair value model after one year?
Research performance management in public or non-profit : Research Performance Management in public or non-profit (Human Resources). Identify best practices such as balance scorecard, and benchmarking performance.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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