Question: Using product information obtained from web searches, compare three inventory management systems (or software packages) which could be purchased by the general manager of a
Using product information obtained from web searches, compare three inventory management systems (or software packages) which could be purchased by the general manager of a large state-run hospital who wishes to gain control of inventory throughout the organization. What are the claimed benefits of each system and how do they align to the theories presented in this chapter? What disadvantages might be experienced in using these approaches to inventory management and what resistance might be presented by the hospital's staff, and why?
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Traditional Inventory Management System Benefits Tracks inventory levels order quantities and reorder points Provides historical data for demand forec... View full answer
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