Mr. D is the manager of a local walgreens. His biggest concern is to make sure that his store is always making the most profit possible. He cuts costs by focusing on certain logistical decisions. Every other day walgreens receives shipments from pepsi, evian, hershey, and numerous other manufacturers. Walgreens insists on small shipments every two days, which helps to keep their inventory costs low. What system is mr. D using at walgreens to reduce his costs?.

Respuesta :

Mr. D using just in time inventory system to reducing travel expenses and waiting periods.

What is a time inventory?

  • The time it takes to generate and fulfill a client order is known as the inventory cycle time, and it is typically expressed in days.
  • It basically gauges how quickly a business can finish the entire manufacturing or assembly process, transforming raw materials or components into a marketable product.
  • In inventory management, lead time refers to the period of time between placing and receiving an order to replenish inventory.
  • The quantity of stock a firm must hold at any given time is influenced by lead time.

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