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ST. MARY UNIVERSITY SCHOOL OF GRADUATE STUDIES ASSESSMENT OF MARKETING STRATEGY PRACTICE: IN THE CASE OF ETHIOPIAN PHARMACEUTICALS MANUFACTURING SHARE Company CLAIMANT HAILEMARIAMJUNE, 2020 ADDIS

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How to fill out assessment of inventory management

01

Gather all relevant data on current inventory levels

02

Determine the method of assessment (e.g. ABC analysis, economic order quantity)

03

Assess inventory turnover ratio and carrying costs

04

Analyze lead times and backorder rates

05

Evaluate any issues with stockouts or excess inventory

06

Develop recommendations for improving inventory management

Who needs assessment of inventory management?

01

Businesses looking to optimize their inventory levels and reduce carrying costs

02

Supply chain managers seeking to enhance efficiency and minimize stockouts

03

Retailers aiming to improve customer satisfaction through better inventory management

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What is assessment of inventory management?

Assessment of inventory management is the evaluation of how effectively and efficiently a company manages its inventory to meet customer demand while minimizing costs.

Who is required to file assessment of inventory management?

All businesses that carry inventory are required to file assessment of inventory management.

How to fill out assessment of inventory management?

Assessment of inventory management can be filled out by providing detailed information about the company's inventory practices, systems, procedures, and goals.

What is the purpose of assessment of inventory management?

The purpose of assessment of inventory management is to identify areas for improvement and optimize inventory levels to meet customer demand.

What information must be reported on assessment of inventory management?

Information such as inventory turnover ratio, carrying costs, stockout costs, and order fulfillment rate must be reported on assessment of inventory management.

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