Select a multinational FMCG company and evaluate it on the following Supply Chain Management criteria’s: Inventory Replenishment...

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Select a multinational FMCG company and evaluate it on thefollowing Supply Chain Management criteria’s:
Inventory Replenishment System Application Criteria:
1. Inventory and Purpose of Inventory Management.
2. Integration of Inventory and Supply Chain Management
3. Inventory and Quality Management.
4. Inventory Control Systems.
Manufacturing and Service Cycle Application Criteria:
1. Strategic Importance of Product and Service Design.
2. Importance of Design Strategy factors
3. Importance of Standardization.
4. Importance of Legal, Ethical and Environment Issues inProduct and Service Design.
Material Management Functions Application Criteria:
1. Strategic Importance of Materials Management.
2. Activities Involved in Materials Management
3. Intermodal and Multimodal Transportation.
4. ERP - – Importance and Limitations.
Inventory Planning Application Criteria:
1. Inventory Planning – Advantages and Disadvantages.
2. Inventory Control – Definitions, Objectives andActivities
3. Dependent and Independent Demand.
4. Product and Service Design and ManufacturingStandardization.

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Selected company Hindustan Unilever Limited FMCG company Inventory Replenishment System Application Criteria 1 Inventory and Purpose of Inventory Management In this business the management of the inventory determines the percentage of goods produced The business uses inventory control to supply network within a plant for the further phase which is the production path and storage materials The aim is to accomplish the demanddriven inventory management proportionality 2 Integration of Inventory and Supply Chain Management It also assists in reducing inventories From which the inventory management incorporates the market and predicts the market The only way to determine the proper management of inventory and its limitations on a commodity basis is to incorporate the market forecasted into the managed inventory 3 Inventory and Quality Management Companies aim to achieve success by economies of scale by collectively producing two or more goods at the factory 4 Inventory Control Systems This control systems are the companys issues that determine how much order is to be fulfilled at any See Answer

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