stock Systems QRB/501 Quantitative Reasoning for Business March 28, 2012 Inventory Systems fitting stemma management is vital to the success of an organization. in like manner oftentimes inventory house ca character a loss of tax revenue if the swap crowd outnot be travel in a well-timed fashion. Alternatively, not enough swap can cause a loss of revenue if the remove is not met. This paper pull up stakes cerebrate on the inventory control process use by Lowes. Lowes Inventory Control Lowes is one of the largest tribe improvement store chains second to Home Depot. Lowes sells a variety of home improvement items ranging from nails to appliances and just approximately anything in between that is necessary for home improvement. Tracking such(prenominal) a large volume of merchandise is important to see the implores of the customers and maintaining absolute revenue. Lowes uses a barcoding system that bilks its merchandise from the supplier to the shelf. by dint of the barcoding system Lowes can in force(p)ly master the measuring of merchandise purchased and accurately reorder to keep up with the demand of the particular merchandise. Mobile Devices Lowes has recently added the use of temperamental devices that are iPhone based.
As of November 2011 the store has issued the devices to 60% of its stores with a engineer date of January 2012 to assume devices in all of the stores (Blair, 2011). These mobile devices leave behind allow store associates to access merchandise inventory at the touch of a button. Associates no longer have to toss back and forth to check the availa bility of merchandise. This electrical con! tent provides faster assistance to customers, less wait time for customers, and associates can assist more customers. Conclusion Understanding the need to decently track inventory is an important aspect to the success of an organization. property up with the demand for certain merchandise and not overstocking merchandise in low demand is the key. Lowes has found an effective carriage to track its inventory and...If you want to get a luxuriant essay, order it on our website: BestEssayCheap.com
If you want to get a full essay, visit our page: cheap essay