Investing in Inventory Poppa's Toy Store Inc. has more then 150 stores in 38 states. The chain has been owned and operated for the last 30 years by CEO Taylor Coombe.
Taylor has been reading reports on supply chain management and is particularly interested in updating the company's current supply chain. It is the beginning of April and Taylor wants a new SCM system up and running before the Christmas season starts in November.
Taylor is particularly interested in demand planning and forecasting for the entire company's inventory during its busiest season-Christmas.
Taylor has asked you to create a report discussing the company's options for its inventory management strategy including cycle and safety inventory.
The report should include two primary focuses: one on efficiency and one on effectiveness.