Kuiper Leda Gap Analysis

Gap summary: Kuiper Leda Regardless of how successful a by-line of work is, if supplies do not keep up with demands that occupancy leave alone sire a difficult prison term to make internet without the needed sales. The reverse is also unbowed when the supplies grossly put across demands as the excess inscription would result in tied(p) up money that could be lend oneself for other projects or business plans. Therefore, the art of making the near of the inventory is to have the products available when and where they be needed. Situation Analysis Kuiper Leda (KL), operated out of the Republic of Novamia, is a manufacturer of electronic components, peculiarly in the production of the electronic Control Units (ECUs) and the sensors for the automotive exertion (University of Phoenix, 2009). For the past six months, KL has introduced the bran-new product line of producing the wireless Frequency Identification Devices (RFIDs) (University of Phoenix, 2009). KL has bee n 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 another(prenominal) outside suppliers.

As KL relies on its suppliers to supply the raw materials, it involve to control its inventory tightly to ensure a collected production of its electronic components. However, harmonize to Chase, Jacobs, and Aquilano (2005), All inventory systems be plagued by two major problems: maintaining adequate control everyplace each inventory point in time a! nd ensuring that completed records of stock on hand are kept (p. 609). The cardinal 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 alphabet inventory planning system would...If you want to turn cover a full essay, order it on our website: BestEssayCheap.com

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