Question

Can managers simultaneously justiy holding inventories and still seek out ways to lower inventory levels??

Can managers simultaneously justiy holding inventories and still seek out ways to lower inventory levels??

Homework Answers

Answer #1

In some conditions where the demand from the customer is sudden and we need to maintain load ready , we need to keep inventory . On the other hand we need to reduce inventory levels to improve the supply chain activities and for this we need to find ways to lower these inventory levels which can be done collaborating with customers beforehand and keeping only limited stock. In these situations managers can simultaneously justify both the situations as both of them are essential at that time for the company.

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