Assignment: Expansion of Services and Capabilities
Length: 750-1,000 words
Library Research Assignment
While John Smith considers your recommendations of his company's service-level issues, explain the concept of inventory management as it relates to service operations management. Create an e-mail to him in reference to this topic.
Include the following in your answer:
• The role of inventory
• Inventory Strategies (including Vendor Managed, Consignment and Just-in-Time)
• Lead times and Service levels
• Economic and cost considerations
• Specifically address inventory management as it relates to service and Smith's company
• What are some of the biggest challenges around inventory management, including supplier management (including hardware, software, and other technology solutions).
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.
Attachment:- Scenario-John-Smith-Business-Profile.rar