Assignment:
This task is a portion of the inventory management plan that you have been developing for your company. 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
- How the company can better understand the customers' wants and needs and utilize this knowledge within the constraints of the company's current systems