Question: Question 2 [10 Marks] Woermann Brock has been experiencing high inventory losses as a result there are planning on introducing bar-coding and scanning as well

Question 2 [10 Marks]

Woermann Brock has been experiencing high inventory losses as a result there are planning on introducing bar-coding and scanning as well as radio frequency identification technology. As a floor manager give a detailed explanation to your staff what each of this technologies are and how they will minimize losses

Question 3 [10 Marks]

As an Operational Logistics Manager differentiate between the below concepts:

2.1 Dependent and Independent demand

2.2 Strategic forecasts and Tactical forecast

Question 4 [2*5= 10 Marks]

With the aid of practical examples explain the following customer service components:

4.1 Reliability

4.2 Suitability

4.3 Goods Security

4.4 Stock out frequency

4.5 Fill Rate

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