Inventory Management Strategies

[Name of the Institute]

Inventory Management Strategies

Introduction

The aim and objective of this assignment is to discuss and analyze strategies for managing inventory and internal operations of an organization.

Inventory Management

Effective management of Inventory plays a significant role in deciding whether a firm's ability to operate with good profit margins. Efficient management of inventory within a supply chain plays a significant role in cutting the inventory holding the costs across different phases of the supply chain, thus emphasizing the need for a general model for the management of inventories within the supply chain. Cohen and Baganha established a stabilizing model for ...