Inventory Management Processes in Transition
PLEASE ANSWER IN DETAILS AND DON'T COPY THE ALREADY EXISTING ANSWER.
Think about the transition from traditional inventory management methods to a just-in-time process. Using the readings, the presentation and the examples provided at the end of the lecture, how would you go about managing that transition? What contingencies would you plan for? How might you mitigate those contingencies? How would you handle the cultural shift within the operation? Please include references in at least your initial response.
If you have actually encountered this kind of change in your work experience, tell us what happened, what went right and what went wrong. If your company (or your experience) includes just in time inventory, tell us what works and what doesn’t. If you have neither, tell us about a time you wanted a product or service and you were told it was unavailable. What was the solution/mitigation?
Inventory Management Processes in Transition
Think about the transition from traditional inventory management methods to a just-in-time process. Using the readings, the presentation and the examples provided at the end of the lecture, how would you go about managing that transition? What contingencies would you plan for? How might you mitigate those contingencies? How would you handle the cultural shift within the operation? Please include references in at least your initial response.
If you have actually encountered this kind of change in your work experience, tell us what happened, what went right and what went wrong. If your company (or your experience) includes just in time inventory, tell us what works and what doesn’t. If you have neither, tell us about a time you wanted a product or service and you were told it was unavailable. What was the solution/mitigation?