Reference no: EM131881031

You are the Supply Chain Manager for your industrial equipment manufacturing company and your team must help determine the appropriate level of inventory to keep on hand.

The company's Sales Team wants a high level of inventory so that product is always available when customers want it.

The Finance Team wants to keep costs low, so they want to keep the minimum amount of inventory on hand. 

How would you help your Sales team and your Finance team come to an agreement on the appropriate inventory level? 

Drawing on our Textbook reading, Lecture & other Videos, think about what trade offs you would consider and what questions you would ask in order to come to a level of inventory that would satisfy both parties.

On this Discussion Board:

1) List three trade offs that you would consider. 

2) List three questions you would ask one or the other party.

Draw inspiration from the other students' posts.

Think about What the Sales Team might learn about inventory from the Finance Team. And, think about what the Finance team might consider after learning how the Sales team views Inventory? 

The purpose of this assignment is to understand each party's priorities, consider trade offs in holding inventory, and to think creatively to solve supply chain challenges, particularly encouraging collaboration among the many partners along the supply chain.