Inventory and Supply Chain Management

Inventory and Supply Chain Management 

Paper details

Phase 5 IP Assignment: The CEO wants you to develop an inventory solution proposal to lower costs. You are asked to research and identify the following inventory solutions and provide a recommendation by selecting one of them: Requirement 1: Research, select and compare two “Off The Shelf” inventory systems available for purchase in the market today. Requirement 2: Define and compare passive RFID and active RFID Inventory solutions Requirement 3: Identify and describe three products and/or services offered by an Inventory Third Party Logistics (3PL) company. Student will be able to explain the systems approach to managing inventory in single or multiple operational and/or profit centers. Students will demonstrate an understanding of inventory control and management processes, and tools as they incorporate them into solving a real world inventory problem. Students will develop theoretical and practical expertise in inventory control and management