Open Always
Email: support@globalcompose.com Call Now! +1-315 515-4588
Open Always
Email: support@globalcompose.com Call Now! +1-315 515-4588

Sample Case Study Paper on Inventory Case Study for ABC Company

This sample paper on (Sample Case Study Paper on Inventory Case Study for ABC Company) was uploaded by one our contributors and does not necessarily reflect how our professionals write our papers. If you would like this paper removed from our website, please contact us via our Contact Us Page.

A Database of over Million Scholarly Resources. Start your Search Now

Sample Case Study Paper on Inventory Case Study for ABC Company

Introduction

ABC.com is an online shopping website that was considered to be among the first online shopping sites. It was established in 1990 and since then it consistently gained the highest rank among the best internet retail sites. This led the company to be regarded as the model for universal internet retail for success. ABC continuously gained customer base which brought an outcome of more than 22 million website users that had registered by the year 200. This study discusses the inventory management strategy used by ABC and its benefits (Spring,2016).

During the 2001 vacation, ABC decided to change the way of doing things, and one of this was to improve management techniques of its inventory. ABC took a new improved position by using this changes because of various reasons. First, it allowed an increased room for receiving the stock; this helped to avoid a lot of possible errors that are expected by the management personnel. (Stock and Lambert, 2001). They avoided the staff that worked in an office within the warehouse where there was a lot of congestion hence eliminating issues such as time loss, revenue, and reliability. The products that were in the store that did not contain labels were all labeled, and this made the process easy for the workers to quickly pick the right item.  Secondly, identification of the top sells; the company took the initiative of identifying and placing to the shipping area top sells volume item to make sure that they were readily available. Thirdly, circle account utilization; the company decided not to wait for a periodical audit.

Consequently, inventory management strategies played a substantial role in improving the efficiency of ABC’s business practices in various ways including, choosing a better management inventory platform. ABC being an online shopping company; it decided to pick the best platform that will provide the best solutions for its business. This platform incorporates accounting, e-commerce, and sale of point systems. Inventory optimization was another vital strategy that was used by ABC (Helo and Szekely, 2005). It ensured that only the necessary and the right amount of stock was stored at the right time and place.

Up to date analytics. The company strategized on how to get the real-time data which will help in accurate product and forecasting of sales into its fingertips.  These enabled it to see the clear picture inventory and make finer detailed adjustments. Improvement of the supply and demand. in restocking system, the company found this essential as it increased the supply chain and the restocking equation. If asked, vendors offer solutions to your certain tasks, this imply that the supply performance should be in time.

Use of mobile phone technology. This helped the company to widen the market, as it is user-friendly. It also aids in the decrease of human error and minimization of mistakes.

ABC is keen on the improvement of its inventory management because of various reasons such as focus to attain and maintain a well-organized warehouse.  With a properly managed inventory system, there is less working time making the employees happy. Secondly, it saves time and money.  These are exhibited when there are proper records of the stock and the expected production quantity. It ensures maximum productivity and efficiency (Muller, 2011). A good inventory system also will keep your customer locked in. These were the most important factors that led to the increased number of registered customers to over 22milion. Hence, it is wise for ABC to make a step ahead of the decision laying strategies to improve inventory management.

 

 

References

Stock, J. R., & Lambert, D. M. (2001). Strategic logistics management (Vol. 4). Boston, MA: McGraw-Hill/Irwin.

Helo, P., & Szekely, B. (2005). Logistics information systems: an analysis of software solutions for supply chain co-ordination. Industrial Management & Data Systems, 105(1), 5-18.

Muller, M. (2011). Essentials of inventory management. AMACOM Div American Mgmt Assn.

Spring. (2016). Sales and distribution. Case study analysis.

Sharing is: CARING

Are you looking for homework writing help? Click on Order Now button below to Submit your assignment details.

Homework Writing Help
We Can Help you with this Assignment right now!
Sample Case Study Paper on Inventory Case Study for ABC Company

Are you looking for homework writing help on (Sample Case Study Paper on Inventory Case Study for ABC Company)?Well, you can either use the sample paper provided to write your paper or you could contact us today for an original paper. If you are looking for an assignment to submit, then click on ORDER NOW button or contact u today. Our Professional Writers will be glad to write your paper from scratch.

 

 

 

We ensure that assignment instructions are followed, the paper is written from scratch. If you are not satisfied by our service, you can either request for refund or unlimited revisions for your order at absolutely no extra pay. Once the writer has completed your paper, the editors check your paper for any grammar/formatting/plagiarism mistakes, then the final paper is sent to your email.

Privacy| Confidentiality

Sample Case Study Paper on Inventory Case Study for ABC Company

We do not share your personal information with any company or person. We have also ensured that the ordering process is secure; you can check the security feature in the browser. For confidentiality purposes, all papers are sent to your personal email. If you have any questions, contact us any time via email, live chat or our phone number.

Our Clients Testimonials

  • I appreciate help on the assignment. It was hard for me but am good to go now

    Impact of pollution on Environment
  • Am happy now having completed the very difficult assignment

    Creative Message Strategies
  • Your writer did a fine job on the revisions. The paper is now ok

    Ethics: Theory and Practice
  • The paper was so involving but am happy it is done. Will reach you with more assignments

    Title: Privatization in or of America
  • I expected perfection in terms of grammar and I am happy. Lecturer is always on our head but was pleased with my paper. Once again, thanks a lot

    Title: Bundaberg Inquiry
  • The paper looks perfect now, thank to the writer

    Health Care Systems
  • You helped me complete several other tasks as you handled paper. wonna thank you

    Critique Paper on Political Change

Related Articles

Sample Case Study Paper on Inventory Case Study for ABC Company

Get more from us…

Would you like this sample paper to be sent to your email or would you like to receive weekly articles on how to write your assignments? You can simply send us your request on how to write your paper and we will email you a free guide within 24-36 hours. Kindly subscribe below!

Email Address: support@globalcompose.com