Executive summary for a project Case Study Example | Topics and Well Written Essays - 250 words

Executive summary for a project - Case Study founttified that the core weakness within the replenishment plow is delay time where delays at the bottleneck atomic number 18 longer the time taken in completing the critical activities such as assembling of the indispensable merchandise to be taken to the stores, or ordering of the required merchandise from the suppliers to fulfil market admit (longer poke out time). In most instances a FIFO discipline most likely have higher(prenominal) delay time and lower outflow rates even in the best case scenario where at that place is regularity in processing of the merchandise. Such impact constrains the output rate at the bottleneck. The core solutions derived from the puzzle analysis to develop a To-Be replenishment process aimed at increasing executional excellence includes Optimising lead time through and through adoption of just in time technique the selection of a fewer strategic and trusted suppliers for whom a strategic partners hip is made and the companys replenishment process is integrated into such suppliers systems Vendor managed Inventory system which give control to the suppliers and get words powerful flow of accurate information on the level of merchandise required, which can be enhanced through incorporation of radio frequency Identification (RFID) system in the products and cross docking where products are transported straight off from the suppliers to the stores with the merchandise undergoing little to nil handling.Attaining operational excellence is critical for any business as organisations cannot give way to have quality issues, high cost operations or even long market cycles (Oracle 3). Notably, whiz of the core advantages that businesses often attain to achieve is effective inventory management to not only ensure high quality fresh products but also lower costs. Optimal inventory management is alert for any business organisation. The core benefits of having a much leaner inventory in cludes reduction in operation costs, higher customer satisfaction, and increased sales. In deed Lee (1)