Proponent stance on either traditional inventory management

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Reference no: EM131033366

The professional logistics manager must develop a knowledge base that is integrated with other disciplines. Based on what you read in the module and review of the supplemental readings, please take a proponent stance on either the traditional inventory management (stockpiling inventory) or the Just-in-Time Inventory system. Please address costs and customer satisfaction in your analysis to the corporate board (the other students in this course). For an example, many companies used the traditional inventory system that consisted of inventory that was available "just-in-case" customers had a demand. If a customer needed a little red wagon wheel, the customer would just purchase the wheel and receive the wheel the same day. The issue is how many wheels would the company need to stock for the "just-in-case" customers and what would happened if no customers had any demands for future wheels.

Reference no: EM131033366

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