Monday, 27 February 2017

BSOP 434 WEEK 1 DISCUSSION QUESTIONS

BSOP 434 WEEK 1 DISCUSSION QUESTIONS
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BSOP 434 WEEK 1 DISCUSSION QUESTIONS
Solution 1
Why do inventories cost so much to maintain? Provide some examples of how cost is associated with carrying an inventory. Is there anything we can do to lower this cost, and if so, what? In addition to the question above, explain how excess inventories can erode profitability.
Solution 2
Why do inventories cost so much to maintain? Provide some examples of how cost is associated with carrying an inventory. Is there anything we can do to lower this cost, and if so, what? In addition to the question above, explain how excess inventories can erode profitability.
Solution 3
Discuss why supply chain management (SCM) has become so important. Identify companies that have a well known SCM system. Do these companies have anything in common when it comes to their implementation of SCM? Can you identify and define four (4) attributes of Supply Chain Management?


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