Inventory is sign of waste

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Discussion: Managing Inventory (Graded)

You overheard some senior personnel making comments that having inventory is a sign of waste. Do you agree or disagree?

Can managers simultaneously justify holding inventories and still seek out ways to lower inventory levels?

Considering the above, have you been part of an organization that stresses lean initiatives, but fails because of non-support?

Why do you feel this failure occurred? (Use an organization you know well)

Reference no: EM132746129

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