Production & Inventory Custom Essay

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For this SLP, take a look at how your organization(MACY”S) manages its inventory then in a 3-4 page paper answer the following questions. Q1. Describe the ways in which your organization(MACY”S) manages its inventory. Q2. How does the organization’s approach to inventory management impact on the efficiency of its supply chain, either positively or negatively? Q3. How might your organization improve the management of its inventory? (Note that you may need to interpret the idea of “inventory” liberally and/or adapt the concept in order to be able to answer these questions.) Assignment Expectations Expectations for the SLP are focused on the paper demonstrating the implications of effective inventory management applied to the reference organization. It also expected that the paper will describe specific inventory management practices and assess with precision and clarity their effectiveness to support the organization?s goals and mission.

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