Many Western firms have tended to view inventory management as
A) a tactical activity
B) strictly operational
C) easily outsourced
D) none of the above

Question

Quizplus · Accepted Answer

Western firms have traditionally viewed inventory management as a tactical activity that focuses on ensuring the availability of products for customers in a cost-effective manner. It is seen as a key part of the supply chain, but not necessarily as a strategic function. This view has been changing in recent years as firms recognize the importance of inventory management for improving customer service, reducing costs, and enhancing competitiveness.

Many Western Firms Have Tended to View Inventory Management as