Case Study: Reducing Inventory Costs for a Food and Beverage Company

A food and beverage company is facing challenges with high inventory costs. The company has multiple warehouses across the world, and it stores finished products and raw materials in these warehouses. The high inventory costs are affecting the company's profitability and are resulting in cash flow issues. The company needs to reduce its inventory costs without compromising on its service levels.

Provide the following:

1. Problem Statement:
2. SWOT analysis
3. PESTEL analysis
4. Porter's Five Forces
5. Identify Possible Solutions: Short term (Pros and Cons); Long term (Pros and Cons)
6. Evaluation of Alternatives: Cost, Implementation Time, Potential Impact, Risk and Challenges
7. Action Plan
8. Possible results and areas of improvement