Executive summary for a project Case Study Example | Topics and Well Written Essays - 250 words

Executive summary for a project - Case Study Exampletified that the core weakness within the replenishment sour is delay time where delays at the bottleneck are longer the time taken in completing the critical activities such as assembling of the infallible merchandise to be taken to the stores, or ordering of the required merchandise from the suppliers to fulfil market demand (longer lead time). In most instances a first in first out discipline most likely have higher delay time and lower outflow rates even in the best case scenario where in that respect is regularity in serve welling of the merchandise. Such impact constrains the output rate at the bottleneck. The core solutions derived from the problem analysis to develop a To-Be replenishment process aimed at increasing summonsal integrity includes Optimising lead time through and through adoption of just in time technique the selection of a a few(prenominal) strategic and trusted suppliers for whom a strategic partnership is made and the companys replenishment process is integrated into such suppliers systems trafficker managed Inventory system which give control to the suppliers and ensures effective flow of accurate information on the level of merchandise required, which can be enhanced through incorporation of radio frequency Identification (RFID) system in the products and cross docking where products are transported directly from the suppliers to the stores with the merchandise undergoing little to nil handling.Attaining operational excellence is critical for any business as organisations cannot afford to have quality issues, high cost operations or even long market cycles (Oracle 3). Notably, matchless of the core advantages that businesses often attain to achieve is effective inventory management to not only ensure high quality fresh products but besides lower costs. Optimal inventory management is vital for any business organisation. The core benefits of having a much leaner inventory inc ludes reduction in operation costs, higher customer satisfaction, and increased sales. In deed Lee (1)