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investigate the procurement, inventory, and warehouse about ZARA clothing retail
The module focuses on procurement, inventory, and warehouse management in an organisational context. The assessment requires you to critically evaluate the relevant theories and concepts in context of a company.
You are required to investigate the procurement, inventory, and warehouse functions of ZARA in an organisational context and critically evaluate the importance of relationship between them in business operations. Evaluate how forecasting and risk control, planning and control system, and inventory management can mitigate the bullwhip effect. Thus provide a detailed recommendation reflecting on the discussions presented to enhance efficiencies and simultaneously reduce costs for procurement, inventory, thereby achieving/maintaining competitive advantages and sustainability. Your report should include
• A brief evaluation of procurement, inventory and warehouse management and relationships in business context.
• Applications of theories and principles on current procurement, and supplier customer relationships, forecasting customer demand and risk, inventory planning and control, and management.
• Bullwhip effect analysis of the case company and the recommended approaches to solve the major problems, increase efficiency, based on advantages/limitations you have establish
