The Hawkins Supply Company is currently faced with an inventory rotation problem. This difficulty stems from the fact that some supplies must be used prior to a stated expiration date. Upon receipt, a new shipment of these perishable items must be stacked beneath the boxes that are currently in inventory. A substantial amount of time is consumed in restacking the items according to their expiration dates.
The company would like to reduce the double and sometimes triple handling of items. How can this goal be achieved? Are there alternative solutions which might also be effective?
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Solution for inventory rotation problem
Explanation:
- Inventory rotation problem of Hawkins Supply Company can be solved if inventory management is done cost effectively.
- We have to properly train the employees to avoid inventory rotation problem and inventory managers has to guide.
- We have to plan for the future to so that the supplies can be used prior to a stated expiration date.
- The older inventory items have to be used first so that before expiration date the inventories are sold.
- Double checking should be done to avoid triple handling of items.
To know more:
Are there alternative solutions which might also be effective?
https://brainly.in/question/17779544
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