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which one would you choose, electronic billing/invoicing or traditional invoicing? Why
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- How does a barcode scanner work, and what are its primary uses in retail and inventory management?Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue $16,100 Cost of sales $12,450 Inventory $1,100 Total assets $8,460 Part 2 a) What is its weeks of supply? enter your response here weeks (round your response to two decimal places). Part 3 b) What percentage of Arrow's assets are committed to inventory? enter your response here% (enter your response as a percentage rounded to two decimal places). Part 4 c) What is Arrow's inventory turnover? enter your response here times per year (round your response to two decimal places). Part 5 d) Suppose a manufacturer has an inventory turnover of 13.5 times per year. Arrow's supply chain performance relative to the manufacturer's, as measured by inventory turnover, is ▼ worse the same better .The following table shows financial data (year 2009) for two US retailers: Save-A-Lot Retailers and Wally’s Mart. Assume that both companies have an average annual holding cost rate of 20% (i.e. it costs both retailers $2 to hold an item for one entire year that they procured for $10). *Refer to attached image* How much lower, on average, is the inventory cost for Save-A-Lot compared to Wally’s Mart of a household cleaner valued at $50 COGS? Give your answer in terms of dollars. Assume that the unit cost of the household cleaner is the same for both companies and that the price and the inventory turns of an item are independent.
- 2. What type of firm generally has the highest proportion of inventory to total assets?a) Retailers.b) Wholesalers.c) Manufacturers.d) Service-Oriented firms.a. What type of efficiencies and/or strategies you could implement in the business stated above (tropical bites restaurant) with regards to transportation, warehousing, third party logistics and reverse logistics? b. What type of strategies you could use to replace physical inventory and how? be creative and provide enough information to detail and justify your choices with the level of information to demonstrate knowledge and familiarity with the concepts and terminology. kindly please use your own words, no copy and pasting from existing articles. Add submissionWhat are "just-in-time inventory" benefits and drawbacks for a business?
- Thanks for the above - so awesome, can you recommend a warehousing process or system that can help the organisation achieve its cost saving initiatives with providing the most appropriate warehousing system by discussing and providing a thorough analysis of your recommendation.What products make up inventory?What conditions must exist for good inventory management ?
- How does the company implement the inventory management system? Does the system differ from one company to another?What are some of the ways that inventory turnover will reveal valuable information about a company's productivity and efficiency?Describe four conditions under which a firm would make-to-stock or make-to-order.