Question: Using examples, discuss how implementing the following practices can affect three inventory management KPIs: Inventory Turnover, Perfect Order Rate, Backorder Rate: a) Using ABC analysis;

Using examples, discuss how implementing the following practices can affect three inventory management KPIs: Inventory Turnover, Perfect Order Rate, Backorder Rate: a) Using ABC analysis; b) Implementing lean practices; c) Classifying inventory using K-curve methodology

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