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The use of computers and JIT (Just-In-Time) inventory strategies has enabled SCM (Supply Chain Management) Systems to minimize WIP (Work-In-Process) inventories. Using such systems, companies tend to order parts, components and supplies from a single vendor and expect the parts, components and supplies to arrive as needed. However, such Pull-Systems leave a company very vulnerable to disruptions in the supply chain.
1. Discuss this approach to Inventory control and ways to mitigate disruptions in the supply chain
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
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An analysis of the holding costs, including the appropriate annual holding cost rate.
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Ccompare the effectiveness of different leadership styles in different organizations
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