management and business inventory?
discussion 1.
From the first e-Activity, examine the best practices found in the video on inventory management.
choose two service companies that manage inventory and compare and contrast their inventory management systems.
Based on your evaluation of both inventory management systems from Part 2 of this discussion, propose suggestions to management that would ultimately lead to improve operations.
attached is the e-activity Watch the video Chapter 12, titled “Inventory Management Best Practices for 2012,” (1 hr 1 min 42 s).
Use the Internet to research service or product companies; take a note on how they manage their inventories.
Watch Video
discussion 2.Resource Management
Select a goods-producing organization and a service-providing organization of your choice. Suggest ways each organization can make aggregate planning decisions.
Compare and contrast the operational and managerial impacts of the aggregate planning decisions in terms of customer satisfaction.
discussion 3.Technological Advancements and Challenges”
In a departure from its normal business operations Apple has recently teamed up with a bio-tech company to investigate the possibility of cloning human organs. You have been tasked with creating a press release to make this decision public and get ahead of any negative press. Compose a statement to the press to explain Apple’s decision and quell potential negative reactions.
Solution Preview
Management and Business Inventory
Discussion 1
- Some of the best practices that are found in the video include the following:
- Determining the products that need to be stored in the warehouses
- Clearing up all the unwanted materials
- Calculating the ideal inventory system for all the warehouses and the branches
- Making an analysis of the forecast of the demands of products in the future. This helps in improving its accuracy.
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