Complete the below:
Part 1
This task is a portion of the inventory management plan that you have been developing for your company. Your inventory management plan should summarize the various components of the plan.
The plan will include the following components:
• Redesign of inventory and supply chain management procedures
• Growth plan for operations to address the expanding needs of the company
• Standard operating procedures for inventory control to avoid losses
Part 2
There have been serious overstock and shortage issues in the last 18 months, resulting in lost customers.
You have been asked to put together a plan on the following:
• How can the company better understand the customers' wants and needs?
• How can this knowledge work within the constraints of the company's current systems?
Your plan should be 5-7 pages in length,excluding title or reference pages.