Go to this Discussion Board and share your thoughts in 100 to 150 words. Your post should
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Question:
Go to this Discussion Board and share your thoughts in 100 to 150 words.
Your post should address the following:
- Scenario: The CFO of the company has just sent an email letting you know that the cost of funds/ capital for the company will be going up this coming year. The CFO asks we all help out in reducing our COGS by lowering inventory.
- However, a major supplier has just offered the company a sizable discount. You will receive the discount if your company takes in a three months supply of raw material into inventory instead of your normal monthly purchase.
- How do you respond and why?
- What factors would you look at and how do they affect the inventory carrying cost?
- Remember to cite all resources in APA format for credit.
Related Book For
Management A Practical Introduction
ISBN: 978-0078112713
5th edition
Authors: Angelo Kinicki, Brian Williams
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