This is a financial supply chain type questionthat must be between 450 to 500 word response and a table with the metrics of cast to cash cycle time and return on assets). Need knowledge of finance, accounting, lean philosophy, and supply chain.

Based on the attached documents, assess CVSs performance relative to its competitors, Walgreens and Rite Aid (at minimum, use cash-to-cash cycle time and return on assets). If CVS adopts a lean philosophy and is able to reduce its inventory levels with other values remaining relatively stable, how would you expect the performance metrics to change? Do you believe that a lean philosophy will work for CVS (based on the company, the industry, etc.)? Make at least one recommendation to help make the lean initiative successful at CVS. Be as specific and detailed as possible, and research the companies as necessary.

Pharmacies.docx

Additional instructions:

The attached file contains an income statement and balance sheet for CVS, Walgreens, and Rite Aid. Please note that the cost of goods sold term may also be referred to as cost of revenue or cost of sales.

500 word maximum. Calculations and tables do not count toward your word count.