Question: Consider an organisation whose operation has been impacted by the COVID-19 pandemic. The organisation can be the organisation you work for or one that you

Consider an organisation whose operation has been

Consider an organisation whose operation has been impacted by the COVID-19 pandemic. The organisation can be the organisation you work for or one that you are familiar with. The organisation must hold stock for its operation. (a) Explain the role of stock in this particular organisation. Describe its importance to this organisation's business strategy. For context, you should describe this organisation and the nature of business it is in, as well as its supply chain and inventory flows. Relate how this organisation controls its stock levels and why it chooses these particular policies. (25 marks) (b) The pandemic has severely disrupted the economic activities of Singapore. Every organisation has been affected, to a certain extent. Discuss the impact of the pandemic on inventory management of organisations in general and your chosen organisation, in particular. You should focus your discussion on different types of organisations like manufacturing, F&B and services. (25 marks)

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