About this document
Optimizing Inventory for Consolidated Electric by irwind27 is a document available to read on EtoBox.
Consolidated Electric is a wholesale distributor of electrical equipment that currently uses an outdated inventory system. The author recommends implementing a computerized order-point inventory system using the EOQ formula to determine reorder points. This will help meet customer service and cost objectives by minimizing stockouts and optimizing ordering costs and carrying costs. Tracking inventory continuously and classifying items into A, B, and C groups based on value will further improve inventory mana
- Author
- irwind27
- Language
- EN