Difference in sourcing manufactured products versus services
Question: Explain the differences between sourcing manufactured products versus services. Identify some key challenges that would occur in defining service specifications versus manufacturing specifications.Provide an example of each.
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Explain the differences between sourcing manufactured products versus services. Identify some key challenges that would occur in defining service specifications versus manufacturing specifications.
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Why is it important to manage the inventory levels? Can you list some pros and cons for holding a big inventory for the companies? Given lean manufacturing is popular nowadays, many hospitals also go with the lean approach.
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