Question: Hello, I ' m interested in learning more about how decisions we're making in Production fit within an overall strategy for the company. I wonder
Hello,
Im interested in learning more about how decisions we're making in Production fit within an overall strategy for the company. I wonder about how we measure our success. have seen inventory tumover rate used at other companies. What does a high inventory turnover rate indicate for us
Oliver Armand
Intern Andrews Comporation
Note that it indicates excessive production capacity.
Note that it indicates higher labor costs.
Note that it indicates poor sales forecasting.
Note that it indicates efficient management of inventory.
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