Explain inventory management purposes and costs of inventory

Assignment Help Management Theories

Reference no: EM133323470

Question1: Inventory Management Purposes (uses) and costs of inventory

. Techniques of managing inventory

. ABC, cycle counting, perpetual systems, etc.

. EOQ, reorder points, quantity discounts, etc.

. Just in Time (JIT) benefits challenges

Question 2: Supply Chain Management Outsourcing

. Strategic importance of supply chains

. The 6 main supply chain strategies

. Trade-offs and challenges in supply chain management

. Evaluating and managing suppliers

Reference no: EM133323470

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