Question: A. Research and explain the following Inventory Essentials based on Global Value Chain: 1. Financial Importance of Inventory 2. Raw Materials, WIP (Work in Process)

A. Research and explain the following Inventory Essentials based on Global Value Chain:

1. Financial Importance of Inventory

2. Raw Materials, WIP (Work in Process) and Finished Goods

3. Safety Stocks

4. Pipeline Inventory

5. Contingency Stocks/Inventory

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