Question: SUBJECT NAME: INTRODUCTION TO LOGISTICS MANAGEMENT ( ATTACH WITH REFERENCE) Q1. Inventory management is vital in ensuring the balance between market and supply chain. Inefficiency

SUBJECT NAME: INTRODUCTION TO LOGISTICS MANAGEMENT ( ATTACH WITH REFERENCE)

Q1. Inventory management is vital in ensuring the balance between market and supply chain. Inefficiency in managing demand can affect tremendously on both supplier and customer.

(a) Discuss TWO (2) importance of stock card from the perspective of warehouse operator. (5 marks)

(b) Explain FIVE (5) inventory classifications. (10 marks)

[Total: 25 marks]

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