Question: This case study includes the topics covered in the past 2 weeks: Procurement Demand and Forecasting Inventory You can continue to work with the company
This case study includes the topics covered in the past weeks:
Procurement
Demand and Forecasting
Inventory
You can continue to work with the company from your previous assignments or you can try something new:
You are launching new product lines in the company and need to determine certain strategies. It should include:
Product lines you are introducing
Specifications for the products you want to source
Supplier selection criteria
Single sourcing vs dual sourcing etc... make sure you explain WHY
Develop seasonal indexes using one of the existing product lines as a baseline
Perform ABC analysis of your inventory
Calculate Total Ordering Costs and determine EOQ
This assignment is ideally suited for Finished Goods sourcing. Always include the business context such as the product lines you are launching, why you are launching etc.
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