Essay Available:
Pages:
1 pages/≈275 words
Sources:
1
Style:
APA
Subject:
Management
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.32
Topic:
Inventory Management in the PlayStation Business
Essay Instructions:
Our topic is the company: "playstation"
Please answer this question:
In light of the process’ objective you listed in the previous part, present Three (3) types of
operational complexities that are the most challenging to the system. List each complexity type
under a separate bullet point, and clearly and logically explain its impact on the process
performance. [No more than 300 words.]
Essay Sample Content Preview:
Inventory Management in the PlayStation Business
A strategic initiative is required to address inventory management in the PlayStation business. Lack of it could cause complexities. The first one is inventory forecasting, an activity designed to estimate the amount of inventory needed to satisfy the demand. Inventory forecasting is a complex activity because of the uncertainty of the demand, the changes in the product mix, the changes in the product life cycle, and the changes in the competitor's price (Rumetna et al., 2020). The second one is being able to meet the demand of the customers. The demand has been higher than the supply and the company, and this will affect the production pace.
* Competition
There is a challenge in keeping up with competitors in the PlayStation business. The...
A strategic initiative is required to address inventory management in the PlayStation business. Lack of it could cause complexities. The first one is inventory forecasting, an activity designed to estimate the amount of inventory needed to satisfy the demand. Inventory forecasting is a complex activity because of the uncertainty of the demand, the changes in the product mix, the changes in the product life cycle, and the changes in the competitor's price (Rumetna et al., 2020). The second one is being able to meet the demand of the customers. The demand has been higher than the supply and the company, and this will affect the production pace.
* Competition
There is a challenge in keeping up with competitors in the PlayStation business. The...
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