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LOG201 Supply Chain Management

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Question:

Inventory Control

Identify and describe the following contemporary issues in supply chain management.

This is concerned with the levels of inventory to be held at various points in the supply chain. As inventory represents costs, the sensible approach is to hold as low an inventory as possible, but businesses are forced to hold inventories as a buffer to counter the effects to counter the effects of an uncertain demand. This is one of the key issues in supply chain management. 

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