Question

In: Operations Management

Evaluate Honda Canada inventory and warehouse performances?

Evaluate Honda Canada inventory and warehouse performances?

Solutions

Expert Solution

Honda Canada is using different approaches of creating an influence in the market. Company has been successfully incorporating a structure of operation by availability of opportunities is directly driven by increment in the overall availability of the specific brand to create an impact on the market of canada. Company has been consistently using different warehousing technique as well as advance digital forecasting techniques to forecast the requirement of specific need of the vehicles. Quantitative as well as qualitative analysis tools are critically implemented by the organisation in the respected environment to increase their adaptability as well as to provide adequate level of support in business operations. I maintaining a better forecasting structure company has successfully predicted correct inventory levels and old correct inventory levels in the respective environment that directly increased its adaptability and provided addict level of support in maintaining a better profit from the similar marketing segment. As automobile industry of Canada is highly versatile and maintaining inventory is very critical, availability of opportunities for Honda Canada has successfully increased by implementation of JIT in its structure and providing adequate level of support to the business operations by developing a critical method inventory management system as well as proper warehousing. Consistent warehousing improvement and implementing automation in the warehouses are also major advancement for wonderful self developed automation system has provided extensive availability of modification in the system according to the needs of the organisation where implementation of the system is proven to be very beneficial for Honda to do business in Canada.


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