{"id":132642,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/discussion-competitiveness-and-inventory-management"},"modified":"2017-08-16T07:02:59","modified_gmt":"2017-08-16T07:02:59","slug":"discussion-competitiveness-and-inventory-management","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/discussion-competitiveness-and-inventory-management\/","title":{"rendered":"Discussion\u2014Competitiveness and Inventory Management"},"content":{"rendered":"<div class=\"the_content_wrapper\">\n<p>Discussion\u2014Competitiveness and Inventory Management<\/p>\n<p>Assignment 1: Discussion\u2014Competitiveness and Inventory Management<br \/> To be competitive, many fast-food chains expanded their menus to include a wider range of foods. Although contributing to competitiveness, this has added to the<br \/> complexity of operations, including inventory management. In what ways did the expansion of menu offerings create a problem for inventory management? One form of<br \/> inventory is safety stock, which is primarily carried by companies to ensure a variety of products is available at all times. However, safety stock ties up capital and<br \/> hinders cash flow.<br \/> Using the internet, research safety stock.<br \/> Then respond to the following:<br \/> \u2022 As a manager, what recommendations could you provide to reduce inventories as it relates to safety stock?<br \/> \u2022 What parameters would lead you to believe that (a) large safety stock, (b) small safety stock, and (c) zero safety stock would be advantageous for the<br \/> organization? Be sure to provide examples and data in support.<br \/> After your initial post, discuss the following:<br \/> \u2022 What are some of the ways in which a company can reduce the need for inventories?<br \/> \u2022 How has technology aided inventory management?<br \/> \u2022 How have technological improvements in products such as automobiles and computers impacted inventory decisions?<br \/> Write your initial response in 200 to 300 words. Apply APA standards to citation of sources<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Discussion\u2014Competitiveness and Inventory Management Assignment 1: Discussion\u2014Competitiveness and Inventory Management To be competitive, many fast-food chains expanded their menus to include a wider range of foods. Although contributing to competitiveness, this has added to the complexity of operations, including inventory <a href=\"https:\/\/www.benedictsol.com\/blogs\/discussion-competitiveness-and-inventory-management\/\" 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-132642","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/132642","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=132642"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/132642\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=132642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=132642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=132642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}