Question: Inventory Management: (4 Mark each) (PLEASE DON'T REPEAT PREVIOUS ANSWERS) 1. Explain in detail the Integration of Inventory and Supply Chain Management to enhance global

Inventory Management: (4 Mark each) (PLEASE DON'T REPEAT PREVIOUS ANSWERS)

1. Explain in detail the Integration of Inventory and Supply Chain Management to enhance global efficiency and effectiveness.

2. Explain in detail the companys platform to understand changing customer needs and wants and create inventories that incorporate those changes and exceeds customer expectations.

3. Explain in detail the companys Inventory Cost and Shortage Cost and effective ways to correct stockouts and diligently control costs.

4. Explain in detail companys Integration of Inventory and Quality Management to reduce wastage and variations, enhance efficiency and optimization.

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