Factors Affecting Effective Inventory Control

I HAVE REWORDED SOME OF YOUR AIMS…..IF YOU USE THEM FURTHER TROUGH THE STUDY CAN YOU MAKE SURE THAT YOU CHANGE THEM THERE.

The topic has been chosen for research is to critically evaluate the inventory management systems of retail industry in UK. This industry is continuously growing up with pleasure of customers even the fluctuation in customer choices. Moreover, this sector has been hugely impacted from 2008 to 2010 by the economic crisis, when customer did not have enough money to spend. As a result some retail businesses have incurred a loss and shut down their operation. Though some of the retailer took the challenge and continued their business to see the future success. But inaccuracy of stock count leads to poor availability in store level stock. Moreover employees’ inadequate level of skills and improper management clue to poor control of inventory management. As a result decrease the customer satisfactions therefore fall in revenues and ultimately collapse in profitability level. (Lussier, 2012)

In response to the question set, I will go into detail of the study, consisting of the background, main hypotheses, as well the aims, procedure and results gathered from the study; explaining the four research methods chosen to investigate,

The findings of this study may further contribute to the body of knowledge which may serve as bases for further research.

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By submitting this assignment for assessment, I am also confirming that the following report is the result of my own study and efforts. I understand that if this not the case, I will be putting at risk the successful completion of this qualification.

To help and try deal with this problem I have conducted extensive research that gives me credibility to ultimately…

In preparing this report, i have read the following documents and files and liaised with the following professionals

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I will first introduce my study and explain why I’m conducting my study and what their responses will be used for.

Your participation in this research study is expected to last until you receive your compensation for the study.

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I decided to use this study to look at because I thought it could be not only interesting but useful for the society

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A Replenishment manager must learn the different items they manage, and how they flow through the supply chain. The 3 basic flow methods include: