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NB: Assignment has already been answered here:
https://www.coursehero.com/qa/wait/50594620/
Only need the solution to follow up question
1: Bakery Inventory and Warehousing
For this assignment you are using a bakery as the basis to formulate the answers. Your bakery can either produce cookies, cupcakes, or donuts.
- Introduce the product you chose; you can have up to three varieties/flavors, but make the product simple for the purpose of this assignment.
- Discuss the type of inventory control system appropriate for your bakery. Also discuss needs for safety/buffer stock.
- Classify your raw material components using the ABC classifications.
- Discuss any times you would expect to see different inventory flow types.
- What activities could you see as value-adding for your product?
- Discuss your material handling and storage of raw material and finished goods.
- Explain your warehouse order picking process.
Using the assignment from this week (bakery), come up with a Collaborative Planning, Forecasting and Replenishment (CPFR) and a Vendor Managed Inventory flow chart. This assignment is worth
- You should have two flow charts.
- They should be specific to the bakery and product produced and distributed.
- With the VMI, you would be producing and distributing to vendors which in turn services end users of the products.
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