Holding inventory in the supply chain involves numerous risks. Identify the risks and explain why companies in the various stages of supply chain find it necessary to hold inventory despite the risks attached to it?

Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Chapter16: Lean Supply Chain Management
Section: Chapter Questions
Problem 10DQ: The chapter presented various approaches for the control of inventory investment. Discuss three...
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Holding inventory in the supply chain involves numerous risks. Identify the risks and explain why companies in the various stages of supply chain find it necessary to hold inventory despite the risks attached to it? (25 marks)

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