What skill needed to be an effective inventory manager? What are possible problems that inventory managers...

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General Management

What skill needed to be an effective inventory manager?

What are possible problems that inventory managers deal with andwhat are the solutions?

Explain with examples please.

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The key responsibility of inventory manager is inventory management In order to perform this function well the inventory manager must possess some skills The skills needed to be an effective inventory manager are listed below 1 Organizational and communication skills This includes the ability to negotiate with suppliers make profitable deals organize supply and delivery etc 2 Leadership Skills An inventory manager can also be responsible for coordinating other employees and keeping them motivated for this purpose it is important that heshe must possess adequate leadership skills 3 Careful Planner A good inventory manager should be proactive not reactive In other words they should be able to research the current situation with inventory make forecasts for the future and always have a backup plan for emergency cases 4 Cost management skills The inventory manager has to    See Answer
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