Kuiper Leda Gap Analysis

Gap digest: Kuiper Leda Regardless of how successful a crease of work is, if supplies do non keep up with demands that wrinkle leave alone sire a difficult credence to make internet without the needed sales. The reverse is also veritable when the supplies grossly put across demands as the excess strain would result in tied(p) up money that could be engagement for other projects or business plans. Therefore, the art of making the roughly of the inventory is to have the products available when and where they atomic number 18 needed. Situation Analysis Kuiper Leda (KL), operated out of the Republic of Novamia, is a manufacturer of electronic components, in particular in the production of the electronic Control Units (ECUs) and the sensors for the automotive intentness (University of Phoenix, 2009). For the past six months, KL has introduced the bran-new product line of producing the radio set Frequency Identification Devices (RFIDs) (University of Phoenix, 2009) . KL has been in business for the past 10 stratums with an initial investiture of $100 million; and its revenue has reached $four hundred million this year (University of Phoenix, 2009). Issue and Opportunity Identification KL sources the components of its ECUs and RFIDs to many outside suppliers.

As KL relies on its suppliers to supply the raw materials, it needs to control its inventory tightly to ensure a noneffervescent production of its electronic components. However, harmonize to Chase, Jacobs, and Aquilano (2005), All inventory systems argon plagued by two major problems: maintaining adequate control e veryplace each inventory point in time and ! ensuring that right records of stock on hand are kept (p. 609). The triple simple inventory control systems widely used are: optional replenishment system, two-bin system, and one-bin system (Chase, et al., 2005). Maintaining inventory by the methods of counting, placing orders, receiving materials and such takes up a great deal of time and resources; and because not all parts in the inventory is of impact value, the rudiment inventory planning system would...If you want to turn stomach a full essay, order it on our website: BestEssayCheap.com

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