In your own words, explain what globalization is, and discuss some pros and cons of globalization.
Inventory Management is one of the most important functions of Operations Management. Inventory management is critical to determine whether a company, especially in the manufacturing industry, can be successful. In this chapter, we have learned several different factors and models related to inventory management. Here are the topics we want to discuss in our forum:
Could you describe what is A-B-C rule of inventory management is? Do you have any experience or thoughts about other areas besides inventory management that we can/should use A-B-C rule?
If you are a supermarket manager, how would you evaluate the criticalness of an inventory shortage? What approaches you may use to avoid frequent shortages?
To get full credit, you have to follow the rubric to make your initial posting (your initial response to the question) and respond to at least two other students’ posts before the end of Sunday (3/24).
