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Improve the following statements for Ford Motor Company Inventory Turnover and Order Fulfillment Cycle Time by elaborating on the suggested improvements for each: Inventory Turnover:
Improve the following statements for Ford Motor Company Inventory Turnover and Order Fulfillment Cycle Time by elaborating on the suggested improvements for each: Inventory Turnover: Given the 2030 Electric Vehicle (EV) mandate, Ford needs to ensure a high inventory turnover of EV parts and finished vehicles. This can be achieved by proper forecasting, efficient restocking, and Encouraging customers to preorder to ensure the timely delivery of EVs and associated parts. Order Fulfillment Cycle Time: With the shift to EVs, Ford needs to ensure that the order fulfillment time for EVs is minimized. This can be achieved by streamlining the ordering process, Route Optimization and Continuous Improvement
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