Business & Finance

620 Forum

 In this weeks forum research materials requirements planning (MRP) systems, point of sale (POS) systems, stock keeping units (SKU), and just in time (JIT) production.  Pick one and explain how it will help you optimize your inventory. Explain how one of the other methods would not help your business and why. Explain how inventory optimization is vital to the success of your business. Be specific to your business.