Question: This is the question for Global Value chain. Please explain every point briefly. Inventory Management * Financial Importance of Inventory * Selective Inventory Management *

This is the question for Global Value chain.
Please explain every point briefly.
Inventory Management
* Financial Importance of Inventory
* Selective Inventory Management
* Inventory Classification System
* Inventory Tracking and Information Technology
* Selective Inventory Management Strategies
* Inventory Management Outsourcing
* Product Return Systems and Reverse Logistics
* Developing Recall Plans and Managing Recalls
* Circular Supply Chain
* Circular Economy
Chapter 4: International Distribution
* Modes of Transportation
* Multimodal Transportation
* Intermodal Transportation
* Transportation of Dangerous Goods
* Risk Issues in Distribution Management
* Distribution Management Risk Management Strategies
* Role of Customs and Border Security Agencies
* Distribution Logistics
* Warehousing Methods Centralized and Decentralized
* Service Distribution and Delivery

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