WOrkplace Communications portfolio /30 Marks (20% of Final Grade)Approximate Time Requirement: 8-10 hours For Assignment 3, you will be required to create a portfolio of 11 items showcasing your skills….
What are the common costs of inventory?
Please view the following video:
- What are the common costs of inventory?
- Why do we need safety stocks and how do we plan and determine them?
- Identify and explain inventory reduction strategies.
Please ensure to write a post which is a minimum of 500 words, please ensure to provide at least two peer reviewed journal articles.