Inventory is a key part of warehouse management. One aspect of inventory that has a daily operational
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Question:
Inventory is a key part of warehouse management. One aspect of inventory that has a daily operational impact is the idea of buffering, or strategic reserve. This Discussion has you consider this concept more closely.
answer the following:
- What does it mean to ensure your company has a strategic reserve?
- Conduct online research; determine a good "rule of thumb" for a particular industry, as to a percentage, for an appropriate inventory buffer. Share your supported findings with the class.
- How does buffering help leaders in warehouse management effectively cope with uncertainty?
Make sure you are supporting your answers fully and that your source research is identified with citations and references.
Related Book For
Auditing An International Approach
ISBN: 978-0071051415
6th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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