Discussion:
Part 1
This task is a portion of the inventory management plan that you have been developing for your company. Utilize your work from Weeks 1-3, incorporating feedback from your instructor and peers. Your inventory management plan should summarize the various components of the plan.
The plan will include the following components:
• Redesign of inventory and supply chain management procedures
• Growth plan for operations to address the expanding needs of the company
• Standard operating procedures for inventory control to avoid losses
Part 2
There have been serious overstock and shortage issues in the last 18 months, resulting in lost customers.
You have been asked to put together a plan on the following:
• How can the company better understand the customers' wants and needs?
• How can this knowledge work within the constraints of the company's current systems?
Your plan should be 5-7 pages in length, not including title or reference pages.