ISCOM 352 Week 5 Riordan Manufacturing Inventory Presentation( UOP)
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ISCOM 352 Week 5 Riordan Manufacturing Inventory Presentation( UOP)
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Resource: Riordan Manufacturing Virtual Organization Navigate to the Virtual Organizations website at https:// ecampus. phoenix. edu / secure / aapd / cist / vop / Business / PortBus. ht m Select Riordan Manufacturing. Click the Intranet tab, then select Operations from the left-hand menu. Read inventory and supply chain information for research and development in Albany, GA, and Pontiac, MI. Create a 10- to 15-slide PowerPoint presentation as part of a training seminar in inventory management. Training will focus on inventory management as part of supply chain logistics. In your presentation, address the following: How do inventory costs affect inventory decisions? What could Riordan change regarding inventory practices? How Day 7 10 ISCOM / 352 6 would those decisions affect inventory costs? How does holding inventory, or carrying costs, affect profitability for Riordan? What are dangers of decreasing or increasing inventory? What inventory management strategies are available to Riordan? What strategy do you recommend? Why?