Reference no: EM133408392

Question

Choose two products that you keep in stock and use regularly in your home. Think of items that could have a low inventory turn ratio if your home life were a business. For each item, use its volume or quantity and how often it is purchased to determine its ITR. Now consider or imagine the item's upstream supply chain. What measurements could you use to determine that item's overall supply chain performance? Using the template provided, you are tasked with significantly improving each item's supply chain in cycle time and cost. Using a minimum of five echelons, review each echelon (real or imagined), and provide a key performance measurement to determine its effectiveness.