Turnover and order fulfillment cycle time

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Reference no: EM133740429

Question

Improve the following statements for Apple Inc Inventory Turnover and Order Fulfillment Cycle Time by elaborating on the suggested improvements for each: Inventory Turnover: Apple could improve its inventory turnover by Properly forecasting demand. By accurately predicting product demand, Apple can better manage its inventory, reducing holding costs and increasing the inventory turnover rate. Order Fulfillment Cycle Time: Apple could reduce its order fulfillment cycle time by investing in Technology in its logistics and distribution network. Route Optimization: By ensuring that products can be quickly and efficiently transported from factories to retail locations or directly to customers, Apple can reduce the time customers wait for their orders.

Reference no: EM133740429

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