Assignment task: Let's explore the corporate side of inventory.
A). Based on what is listed in the textbook (Managing Operations Across the Supply Chain, Fourth Edition, Morgan Swink, Steven Melnyk, and Janet L. Hartley, 2020 McGraw-Hill), what is the specific financial impact of inventory on a company's performance? Also, what are the different asset productivity and customer service measures of inventory performance listed in the textbook? How do you calculate them?
B). REAL WORLD POST. What is a specific example, illustration or application of the financial impact of inventory on a company's performance that I highlight in the Week 7 Live Engageli Session? What stood out to you about the financial impact of inventory example and how can you use it in your professional career?
C). REAL WORLD POST. Let's look at a practical example of the corporate side of inventory.
(i). What specific measures of inventory are evident in the Business Insider video below: Elon Musk's Symbiotic Relationship with China, Explained?
(ii). While there are many stakeholders involved in this scenario, which specific stakeholder group appear to benefit the most, and which specific inventory/asset measure are you using to deduct your response?
Please use the inventory/asset measures that are referenced in the textbook and ones that you highlighted in Part A and Part C(i).