managing inventory and monitoring supplier ordering and lead times

3-5 Pages not including Title or Reference Pages. APA Format. At least 3 References with in-text citations.

• Week 4: Managing Inventory
  • Describe how a firm would establish reordering levels.
    • Include consumption-based ordering.
    • Include how firms use inventory turns.
  • How would the firm establish safety, buffer, and seasonal stock standards?
  • How do obsolescence and disposition of excess affect the firm’s profitability?
• Week 4: Monitoring Supplier Ordering and Lead Times
  • What approaches are best for collaborating with suppliers concerning their ordering and process lead times?
  • How would you advise managing supplier performance?
  • What metrics could a supplier provide to show performance?

  Attaching weeks 1-3 as a reference for this assignment.

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