Question: SUBJECT : LOGISTIC MANAGEMENT You are the inventory manager for a large retail company that has traditionally re - lied on conventional inventory planning methods.

SUBJECT : LOGISTIC MANAGEMENT

You are the inventory manager for a large retail company that has traditionally re

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lied on conventional inventory planning methods. Recently, the company has faced several challenges, including stockouts, excess inventory, and poor customer sat

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isfaction. In light of these issues, your task is to critically analyze the problems associated with traditional approaches to inventory planning and suggest potential solutions to improve efficiency and responsiveness.

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