{"id":127549,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/assignment-3-managing-lnventory-systems"},"modified":"2017-08-16T06:21:15","modified_gmt":"2017-08-16T06:21:15","slug":"assignment-3-managing-lnventory-systems","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/assignment-3-managing-lnventory-systems\/","title":{"rendered":"Assignment 3 \u2013 Managing lnventory Systems"},"content":{"rendered":"<div class=\"the_content_wrapper\">\n<p>Assignment 3 \u2013 Managing lnventory Systems<br \/> Element: PD04-2 \u2013 PDOS-2 lnventory<br \/> principles<br \/> PD0S-3 Modern lnventory Systems<br \/> You have recently been appointed Supply Chain Manager for a small, but rapidly<br \/> growing<br \/> specialist retait store. The organisation has previously<br \/> relied on manual<br \/> stock recording methods using stock cards. The directors have recenfly invested in<br \/> e{ailing, initially using an e-auction outlet, but have now invested in a full retail<br \/> website\u2019 This has resulted in a significant increase in sales volume and the directors<br \/> now want to expand the product<br \/> range extensively to boost the sales. They have<br \/> asked you to write a plan of how the inventory systems will be managed through this<br \/> expansion programme.<br \/> ln a report format:<br \/> a) Describe the limitations of the current inventory control system and propose<br \/> the changes you wourd recommend to modernise and upgrade it.<br \/> b) Critically compare methods that could be used to calculate the re-order point<br \/> for product<br \/> lines. summarise your choice and how this would benefit the<br \/> company.<br \/> c) Discuss your plan explaining the risks to a successful implementation,<br \/> and<br \/> how these risks can be limited and controlled.<br \/> Assignment 4 \u2013 Strategic Systems Development<br \/> Element: PDO5-3 Modern lnventory<br \/> Systems<br \/> PDOS4 Managing Through a Network<br \/> A multinational consumer electronics company sells via wholesale worldwide and<br \/> through a network of its own retail stores in the UK. The company has set up a new<br \/> retail division which allows customers<br \/> to configure their own products from a menu of<br \/> options and place orders online for delivery direct to the customer.<br \/> a) Evaluate the effectiveness of the current network business model prior to the<br \/> addition of the new on-line retail division and explain your view of the impact<br \/> on likely inventory models.<br \/> b) Discuss the benefits and risks to the effectiveness of inventory systems of the<br \/> new division including any impact on efficiency.<br \/> c) Compare and contrast alternative e-commerce inventory\/distribution<br \/> strategies the company may adopt which will reduce costs whilst maintaining<br \/> the service levels in the existing business model.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Assignment 3 \u2013 Managing lnventory Systems Element: PD04-2 \u2013 PDOS-2 lnventory principles PD0S-3 Modern lnventory Systems You have recently been appointed Supply Chain Manager for a small, but rapidly growing specialist retait store. The organisation has previously relied on manual <a href=\"https:\/\/www.benedictsol.com\/blogs\/assignment-3-managing-lnventory-systems\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-127549","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/127549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=127549"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/127549\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=127549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=127549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=127549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}