Analytical Processes and Management

3-5 pages not including title and reference page. APA format with at least 3 references with in text citations.

Quality Control of Inventory

What are the reasons a firm needs to control the quality of inventory?
Other than any practices mentioned previously, list and describe 3 inventory quality control practices. Specifically, parts preservation, kitting, point-of-use staging, and material returned to inventory.

Week 1-4 Assignments attached for review to ensure remaining portion of assignment stays within the subject.

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Inventory Management

The inventory is one of the most important assets within any business, without which a particular company would not be in a position to meet the needs of its consumers. At Walmart, the company made significant investment in technology, by using vendor-managed inventory, to ensure that it is always keen on the inventory levels within the firm following different consumer purchases (Ayers, & Odegaard, 2017). Ultimately, the inventory determines whether consumers access the products they need from the company, lest they move on to the competitor. Therefore, every business ought to make significant investment in ensuring that consumers can always access whatever they need as long as they visit a particular store. However, in addition to the availability of the products, their quality is also always of importance to the consumer to guarantee that they return to the store for future necessities

(973 words)