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If you were in the position of Scott McBride, what would be your analysis of the situation at Iowa Elevators and what would you present at the executive management team meeting on June 11th? Include your annual cost savings estimates, departmental budget and specific action that you would take to achieve your objectives. What are the inventory turns for farm supplies? What kind of improvements can be made in inventory management and how?
What changes would you make to the organization?
What are the risks to achieving your objectives?
Why hasn't Scott McBride proposed a cost reduction plan in the past?
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