#Essential Inventory Management
For this assignment, you need to create a business proposal this is in a letter/proposal format to management arguing for the company to dump dead stock in your warehouse. You will need to demonstrate the impact of the K Factor and create an inventory analysis report listing.
- List or create at least 3 deadstock items (give them names, can be real or fake)
- You must discuss and define what deadstock is and explain why it can be harmful to the company. Use research to support this discussion.
- Demonstrate the impact of carrying costs on your existing dead stock through the K Factor. Must show your work and explain the concepts – use research!
- Create an inventory analysis report listing the dead stock.
- Report your findings in a persuasive proposal to your corporate office. Include both the K Factor diagram and the inventory analysis report in your memo and a proposed method of removing the inventory.