Question: Inventory management can help to optimize customers satisfaction, supplier capability, and production scheduling. Poor inventory management will cause insufficient raw materials for daily operations. Justify

Inventory management can help to optimize customer’s satisfaction, supplier capability, and production scheduling. Poor inventory management will cause insufficient raw materials for daily operations. Justify your argument with example for both the situations why?

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Answer Effective inventory management plays a crucial role in optimizing customer satisfaction supplier capability and production scheduling while poor inventory management can lead to various negativ... View full answer

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