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Inventory requirements of the electric fans component parts

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Reference no: EM13857991

Write a paper of no more than 850-words that includes the following:

Describe the supplier relationship and the effects on the supply chain. As part of this consider the following:

Type of relationship

Supplier location, size of company, and financial stability

Metrics used to measure supplier performance (on-time delivery, defects, etc)

Supplier improvement strategies

Describe how lean production principles may be used to maximize the efficiency and effectiveness of the electric fan supply chain process

Select a business forecasting technique (qualitative or quantitative) for the electric fans and describe the forecasting process to be used at Riordan

Create a sales forecast for electric fans using selected techniques

Develop Aggregate Production Plan, Master Schedule, and Materials Requirement Plans for electric fans based off the sales forecast. Be

sure to include the following:

The determination of inventory requirements of the electric fans component parts and finished goods

The selection of an appropriate inventory system (fixed order quantity, two bin method, etc.) to meet inventory requirements

APA Format

Reference no: EM13857991

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