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1 page/β‰ˆ275 words
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Style:
APA
Subject:
Communications & Media
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
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Topic:

Inventory Management from a Lean Manufacturing Perspective

Essay Instructions:

Learning Objective: Apply techniques and methods for effective inventory management from a lean manufacturing perspective.
Watch the video below or at the link and answer the questions that follow:
https://www(dot)youtube(dot)com/watch?v=fCQjsU6FRJk
Write a 1-2 page APA formatted paper over the video. Use the following guidelines:
12 point font, Times New Roman, 1-inch margins,
The title and reference page do not count toward the needed pages for the assignment requirements.
Use at least two reputable sources cited in APA format. Wikipedia is not a reputable source, and points will be lost for having this listed within your references.
Use APA format 7th edition. Make sure that you review your video assignment for grammar and spelling errors. Ensure that you properly cite the video as you will be referencing the material that is being presented.
Questions:
After watching the video, describe a product that is part of the reverse logistics business-to-business loop.
If a company is too small or the product is too complex, what can be done to create a reverse logistics system?
What is EPR and why do you think Europe requires it?
How does reverse logistics affect the supply chain according to the video?

Essay Sample Content Preview:

Inventory Control Video Assignment
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Inventory Control Video Assignment
As described in the video, the homemade apple juice supplies to firm offices constitute the reverse logistics business-to-business loop when the manufacturer takes back the empty containers instead of letting the customers discard them. This process can be formalized via contracts or frameworks, including deposits where the empty containers are collected for recycling or reuse. Once the apple juice seller gets back the empty containers, they wash them, refill, and reintegrated them back into their supply chains. Nevertheless, suppose your firm is too small, or the product is increasingly complex to engage in reverse logistics solely. In that case, it is vital to pool resources and contract a shared organization that collects the empty containers and recycles them on behalf of the company (Deloitte, 2016, n.p.).
According to the extended producer responsibility (EPR) principle, the manufacturer or producer is significantly responsible (either physical or/and financial duty) for the goods they sell to customers as they expire, particu...
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