Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. general management
  3. discuss how and why companies should manage invent

Discuss how and why companies should manage inventory levels, give an example?

60.1K

Verified Solution

Question

General Management

Discuss how and why companies should manage inventorylevels, give an example?

Answer & Explanation Solved by verified expert
4.2 Ratings (592 Votes)
The current business landscape is highly competitive to a point that it has made it imperative for even the smallest companies to be mindful of inventory management in order to serve its supply chain decisions and build a better value chain as a result Now inventory management is essential because it makes    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Short a call option with a strike price of $1.25 and a premium of $0.12. Long a...

Basic Math
1.2K views

The Stock Market Alexander is a stockbroker. He earns 12% commission each week. Last week,...

Algebra
1.2K views

Find the solution to the lines x = y +5 and x = 8 +...

Algebra
1.2K views

9500 is invested part of it at 11 and part of it at 6 For...

Algebra
1.2K views

3 sin x 5x 1 similar integrand whose behaviour is known is 1 x 3...

Accounting
1.2K views

Karim Corporation requires a minimum $8,400 cash balance. Loans taken to meet this requirement cost...

Accounting
1.2K views

Ryan Ross (111-11-1112), Oscar Omega (222-22-2223), Clark Carey (333-33-3334), and Kim Kardigan (444-44-4445) are equal...

Accounting
1.2K views

The journal entry to issue a promissory note for a company lending $9,000 for one...

Accounting
1.2K views

The Alpha Corporation issues $5,000,000 of 5%, 15 year bonds dated January 1, 2014, that...

Finance
1.2K views

Which of the following are acceptable collaterals and required documents for commercial credit? ...

Finance
1.2K views

A firm has sales of $300,000, Cost of Goods Sold of 225,000, a net income...

Finance
1.2K views

From the following financing sources, identify the companys financial and capital structure and calculate the...