In: Operations Management
Necessary inventory would enable agility and leanness throughout the supply chain. Discuss this argument and the role of a warchouse.
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Here we will discuss how necessary inventory would enable agility and leanness throughout the supply chain along with the role of the warehouse.
The inventory plays a very important role when it comes to the supplied change because the adequate amount of inventory implies the smoothness in the supply chain.
Inventory is something which should be converted into the finished goods and those finished goods would be transported to the customers according to their demands and preferences. show the inventory plays a very crucial role when it comes to the supply chain because it is the inventory that would be ultimately delivered to the customers. it is very important the adequate amount of inventory should be available with the organization for the smooth functioning of the supply chain. the amount of inventory should be sufficient enough so that it fulfills the requirements of the customers and they shouldn't be any wastage of it either. It is definitely true to say that an adequate amount of inventory plays a very important and crucial role to bring or enable agility and leanness throughout the supply chain.
There are various roles and functions of a warehouse such as a warehouse is used as a godown sometimes to keep the extra inventory or goods into them to make sure that the goods and the inventory are completely safe. The warehouse is also used when there is extra inventory to keep it safe. The warehouse is also used as the shipment hub to keep the inventory or goods safe until they are loaded into the trucks of other transportation to be transported to the other places.