SUPPLY CHAIN MANAGEMENT

Questions

1a) Discuss 6 reasons why do you think Guinness Ghana LTD will have to keep Inventory?

1b) Under what circumstances the keeping of Inventory would be a wise decision.

2a) Define Economic Order Quantity.

2b) Why would you advice a company to adopt the JIT approach to Inventory.

2c) Under what circumstances will the JIT would not be a good decision.

3a) Demonstrate how external partners of supply chain influencing the purchasing effectiveness.

3b) Explain how purchasing can make supply chain cost effective.