Materials Requirements Planning
The CEO of the organization has declared "war" on excessive inventory. Operational people within the organization want more inventory available to produce the products for the customer. The financial analysts agree with the CEO.
- Why are there 2 viewpoints, and why do they vary?
- What are the drawbacks to excess inventory?
- What are the benefits of excess inventory?
- What is your position on maintaining excess inventory? Provide the rationale behind your answer