Midwest Beer And Beverage Distributors: Inventory & Warehouse Productivity
A recommendation regarding the order quantity for Chicago River beer – use the EOQ as calculated or use take the deal offered by the brewery
Calculate and discuss the EOQ.
Determine if the deal offered by the brewery is more economical.
Discuss and justify your recommendation
Address the warehouse productivity issue:
What is the best KPI to use to measure productivity?
Discuss pros and cons of the different methods to improve productivity: RFID, warehouse system, and cross-docking – do you recommend implementing any of these at MBBD? Justify.
Consultant Report
Create a title page.
Include an introduction. Write an introduction that explains the purpose of the report. Outline the basic issues addressed in the report. Include methods and approaches used to analyze the given topic.
Provide analysis of the issues. Give each issue a descriptive heading. Under each heading detail the particular issue. Offer in-depth analysis of the issue. Include alternatives, possible solutions and recommendations for each issue. Use researched data and statistics.
Create a list of recommendations. Gather all of the recommendations from the analysis sections into one section. List each recommendation in a concise, easy-to-understand manner.
Write a conclusion. Provide a concise summary of the issues and findings explored in the report.
Write an executive summary. An executive summary is a concise description of what the report contains. Copy important sections from the body of the report and paste them into the executive summary. Include the major findings, analysis and conclusions.
Create a table of contents. List each section of the report followed by the page number where that section is found
Midwest Beer and Beverage Distributors: Inventory & Warehouse Productivity
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Midwest Beer and Beverage Distributors: Inventory & Warehouse Productivity
Recommendation about order quantity for Chicago River Beer
Economic Order Quantity (EOQ) refers to the number of units that an organization has to add to inventory with every order to minimize the total inventory costs like shortage costs, order costs, as well as holding costs. The Economic Order Quantity is utilized as part of a continuous review inventory wherein the inventory level is constantly monitored, and a fixed amount is ordered wheneve...
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