Explain techniques for effective inventory management
Module 2: Managing Suppliers
This module unlocks the receiving department, putting players in
charge of managing the supply chain and material inventories to meet
client needs. (15 Turns).
To gain access to this module, please use the URL posted by your
faculty member. From that point, follow the instructions in the
simulation.
The warehouse manager asked you to create a presentation for his
staff. The presentation will discuss various aspects of inventory
control and will include a sample inventory list as a comprehensive
chart that lists all of the company’s internal resources: equipment,
machines, technology, furniture, office supplies, and so forth.
Considering the company, its services, and its products and using what
you learned in the game module, create a PowerPoint presentation that
will address all internal resources of the organization and address
the following:
Explain the “make to order” process
Quality considerations in the production process
Supplier deals and supplier quality, reliability, cost, and lead times
Raw material purchasing strategies
Explain the roles and uses of inventory
Explain techniques for effective inventory management
Explain the elements of lean and “just-in-time” approaches to supply
chain management.
Create an inventory based on departments, units, and teams in a table
providing elements of relevant categories (e.g., departments,
materials, technology, office equipment, vendors, time line, cost,
restocking dates, resource locations) using the inventory list
template link below.
Inventory list template: Should be similar to this example.
Use the following format:
8–10 slides
Eye-catching graphics, clip art, charts, and models
A minimum of 100–200 words of speaker’s notes per slide
APA, 6th edition format for all citations and references
Note: The game module must be played and completed to complete the
full IP assignment.
Answer preview to explain techniques for effective inventory management
10 slides
