Read the case Inventory Management for Pharmaceutical Industry and answer the following questions: 1. How well do you think the existing inventory control system works?
Read the case “Inventory Management for Pharmaceutical Industry” and answer the following questions:
1. How well do you think the existing inventory control system works? What are the current annual total costs for the selected items?
2. What policy would you suggest to reduce the total costs? What is the anticipated gain?
3. Orlando Marcelo is keen to make progress in this area. What would you advise him to improve their inventory management system?
Step by Step Solution
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There are 3 Steps involved in it
Step: 1
1 It has the ability of tracking the sales and the available inventory thereby communicating with th...
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Step: 2
Step: 3
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Authors: John L. Hennessy, David A. Patterson
5th edition
012383872X, 978-8178672663
