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OPS 571 Week 3 DQ 8

OPS 571 Week 3 DQ 8

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OPS 571 Week 3 DQ 8 -

I love the examples put forth in the text here. The UPS approach is pretty easy to wrap your arms around; cut out the middle man; i.e. warehousing. Shipping and receiving has really evolved over the past few years. At my company, we typically receive equipment and supplies straight from the manufacturer. I have noticed that I typically have to wait for the more sensitive instruments, but the more regularly used items and supplies come rather quickly.

Heineken utilizes a distribution evolution and more accurate forecasting to reduce their inventory systems by 60-70%. Pretty impressive! It goes to show that you need to be in tune with your customer's needs in order to maximize inventory efficiency.

Class: What kinds of issues do you as a consumer come across that is directly related to inventory control? What can be done about these issues?

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