Analyze the purpose of inventory management

Complete three discussion questions.

“Inventory Management” Please respond to the following:

• Analyze the purpose of inventory management as it applies to operations management, and then evaluate the advantages and disadvantages evident in the use of the ABC classification system.

“Resource Planning” Please respond to the following:

• Website and read the article on ERP Software Suppliers located at http://www.exforsys.com/tutorials/erp/erp-software-suppliers.html. Next, analyze three to four (3-4) benefits of the ERP, and then select an ERP vendor. Determine two to three (2-3) factors that contributed to the selected vendor having improved productivity.

“Operations Management” Please respond to the following:

• Explain how this course has impacted your knowledge in operations management, and then determine which areas significantly affected your understanding on how operations strategy supports the business strategy.

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