Inventory Management

Now that you’ve described your organization along with its products/services, approach to quality, its operations processes, and organizational supply chain, address the following in a 1-2 page paper:Points to be CoveredDescribe the organization’s inventory: raw material, WIP, MRO, finished goods. Where in the process do they hold inventory? What are the plusses and minuses of holding inventory for this organization? How do they decide when and how much to order? Does the organization use any just-in-time or lean practices?Heizer, J. & Render, B. Operations Management, (11th ed.)Chapter 12

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