Discussion Management Assignment Help

In this paper, ensure that you clearly indicate the following:

i. As a group, were you able to come to consensus on the issue?

ii. Which side of the argument is most strongly supported by the academic literature?

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1. Which part of supply chain did the ‘lack investment' in that resulted in a 6% decrease in sales? (Issues)

With the debt level of George Weston having been estimated to be around CA $ 13.1 billion, there has been experienced a major bankruptcy in the process. The fall off in demand along with a reverberation across the company's global supply chain has resulted in the increased suffering and decline in sales the company (Johns & Wellhausen, 2016). This has resulted in the growth of risks based on a deferred maintenance, the lack of equipment renewal and such thereby reducing their overall sales.

2. What caused the inventory cost increase? (Impacts)

This situated arises when the company increases their selling prices with an equal rise in the cost, the gross profit, their net income, income taxes and inventory thereby raising its cost. The higher the selling cost, the higher adds to the inventory costs (Lee, Cho & Paik, 2016).

3. How does a reducing supplier lead time solve high inventory costs? (Recommendations)

The reduction in the production time allows the companies to be able to raise the production during periods of a high demand. This further flows focus on the increased sales, the growth in customer satisfaction and the company's bottom line are of great help to them. The excess inventory often results in a strain on the company's budget. George Weston further needs to improve their cloud computing software so as to be able to cope up with the ongoing trends and the customer requirements. This would allow them to develop an Omni channel retail thereby developing the customer experiences.

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