Role of inventory management in making supply chain decisions
Inventory Management and Network Planning
1. Discuss the role of inventory management in making supply chain decisions: Consider the effective placement of inventory (location) The impact of push vs pull strategies on supply chain response. Why is forecasting such a difficult process?
2. Identify the key steps required to create an effective network plan. Consider the following:
Who is involved in network design? How often should the network be reviewed? Key issues to consider when selecting distribution canter locations?
3. Describe the Mars Wrigley relationship. What were the key learning’s from the supply chain network analysis?