Question: What is the relationship between inventory and the nine competitive priorities we discussed in Chapter 1, Cornpeting with Operations? Suppose that two competing manufacturers, Company

What is the relationship between inventory and the nine competitive priorities we discussed in Chapter 1, “Cornpeting with Operations? Suppose that two competing manufacturers, Company H and Company L are similar except that Company H has much higher investments in raw materials. Work-in-process, and finished goods inventory than Company L In which of the nine competitive priorities will Company H have an advantage?

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The short answer is that higher inventories do not provide an advantage in any of the nine competitive priority categories The important point is that firms must have the right amount of inventory to ... View full answer

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