Which steps do you think companies can take to improve the accuracy of their inventory management program?

Which problem should be addressed first, and exactly how should it be addressed?
July 22, 2019
Develop two (2) strategies that will help your company reduce expatriate turnover.
July 22, 2019

Which steps do you think companies can take to improve the accuracy of their inventory management program?

Question Description

CT 4

Option #1: Analyzing Inventory Turnover

Research the term “inventory turnover” and write a paper discussing the normal inventory turnover for the following industries:

  1. Automobile manufacturers
  2. Restaurants and hotels
  3. Retailers

In your report, discuss the following:

  • What is the purpose of holding inventory?
  • Which steps do you think companies can take to improve the accuracy of their inventory management program?

Your well-written paper should meet the following requirements:

  • Be 2-3 pages in length, not including the cover and reference pages.
  • Be formatted according to the CSU-Global Guide to Writing and APA.
  • Cite a minimum of 3-5 sources to support your responses, two of which are academic, peer-reviewed sources. These sources  should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course, and provide new thoughts and insights relating directly to this topic. The CSU-Global library is a great place to find these resources. Your response should reflect scholarly writing and the current CSU-Global APA writing standards.

Refer to the Critical Thinking Assignment rubric available in the Module 4 folder for more information on assignment expectations and grading.

****must be double spaced, times new roman 12-point font, double spaced, paragraphs indented, must have section headers, title page, references page and three in text citations and 3 scholarly references