How managers should address each type of uncertainty

Assignment Help Operation Management

Reference no: EM133447597

Question: It is critical that companies have effective inventory management processes to optimize their supply chain. For example, Dell is a company that carries very low inventory because they have an assemble-to-order strategy rather than a make-to-stock strategy. There are two types of uncertainty discussed, in chapter 7, demand and performance. Supply Chain Managers must be able to manage these uncertainties by understanding their inventory managing processes, reasons why safety stock levels exist and determine appropriate safety stock levels as demand fluctuates. Provide suggestions or examples of how managers should address each type of uncertainty of inventory management.

Reference no: EM133447597

Questions Cloud

Define and apply these concepts using the findings from : Define and apply these concepts using the findings from your virtual observation of the Pao Arts center and the role it plays in the Asian American community.

Conduct a logistics network analysis : Conduct a logistics network analysis to provide answers to the questions outlined in the "Problem Statement" section of the "Hoosier Specialty Products

How were the changes managed : how were these issues resolved? Interview 2.7. Change Management - How were the changes managed? Interview 3. Systems development options

Will you charge a fee to attend the virtual event : Will you charge a fee to attend the virtual event? Why or why not? How much? This is part of your marketing strategy. Consider what you have learned

How managers should address each type of uncertainty : determine appropriate safety stock levels as demand fluctuates. Provide suggestions or examples of how managers should address each type of uncertainty

How does it differ with other organizations focusing : As a student of Operations Management clearly describe the roles of an operations manager using any organization of choice

What you believe to be cultural roots of those disparities : analyze the relationship between how employees think (espoused organizational culture and beliefs) and how they behave (actions). Describe what you believe

Role of juvenile probation officer ambiguous : In what sense is the role of juvenile probation officer ambiguous? What are the consequences of this ambiguity?

How does meaningful community engagement take place : Decide which of the codes are most explanatory of the research questions: What does community mean post-Covid? What does it mean to be a 'community builder'?

User Account

All Pages