Inventory Management for a Supermarket Table of Contents 1. 2. 2.1 2.2 2.3 3. 4. 4.1 4.2 5. Executive Summary......................................................................................... 1 Introduction ...................................................................................................... 2 Background to the Study .............................................................................. 3 Objective of the Study .................................................................................. 4 Scope of Study............................................................................................. 4 Methodology .................................................................................................... 5 Findings ........................................................................................................... 5 The System at Morrison's ............................................................................ 5 Issues in Assessing Order Quantities .......................................................... 6 Recommendations......................................................................................... 12
References ............................................................................................................... 13
1.
Executive Summary Morrison's is supermarket in a follower position, which needs to ensure it
maximises its use of resources, One key aspect of the supermarket industry is the need for control costs while still making sure that there is sufficient stock to satisfy customers.
Morrison's seek to control