Which among the following is an advantage ofmaintaining huge InventoryO a. Independence from the supply chainO b. Non-value added costsO c. Opportunity CostO d. Management of obsolete items

Stock administration influences your capacity to work a productive business severally. Regularly, an…

Answered: O a. Independence from the supply chain…

O a. Independence from the supply chain O b. Non-value added costs O c. Opportunity Cost O d. Management of obsolete items

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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Concept explainers

Channel Management

Channel management is the process of developing and executing marketing plans and sales strategies to grow your business through third-party channels. This involves working with intermediaries such as distributors, resellers, retailers, and other partners to help you reach new markets and drive sales. It also entails managing these relationships to ensure that everyone works together efficiently and effectively to meet your business goals. If executed well, channel management can be a key driver of your company's growth. It can help you reach new markets, tap into new customer segments, and boost sales.

Question

Which among the following is an advantage of
maintaining huge Inventory
O a. Independence from the supply chain
O b. Non-value added costs
O c. Opportunity Cost
O d. Management of obsolete items

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