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Answers 1. Inventory management plays a very significant role in the organizations and is closely linked to the supply chain management. Business organizations maintain of finished goods to serve customers using various policies like vendor managed inventory and electronic data interchange. Inventory is considered to be an important asset and companies manage this asset strategically. The apex management plans, coordinates and controls acquiring...Read More
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Answer: Introduction Operation management is a practice conducted by companies to use their available resources effectively with the aim of getting highest overall productivity and efficiency (Parisio, Rikos and Glielmo, 2016). In this report, Nissan Motors is taken for consideration which is a Japanese automobile brand and has revenue of over 90 billion . Operations management and how it assists company to perform better by avoiding the chal...Read More
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