StudentShare solutions
Triangle menu

Unit 4 DB - Coursework Example

Not dowloaded yet

Extract of sample
Unit 4 DB

This system is mostly employed by the firms which deal with a huge amount of inventory. (SME.com.ph) as a super market Sainsbury’s also deal with a large amount of inventories which is why it has employed this system.
The basic EOQ issues that Sainsbury faces are (1) Purchasing cost; the cost which is incurred during the purchase of inventory as it is a merchandising company. (2) Holding (carrying) cost; the cost included in the maintenance of inventory. (3) Obsolescence cost; as it is a super market it deals with perishable goods and also with technological goods that might become obsolete, the cost related to such goods is obsolescence cost. (4) Safety Stock; it has to keep a large amount of safety stock because it is a giant departmental store. Safety stock is maintained in order to overcome supply shortages which may occur from time to time. (R. Anthony Inman) Sainsbury keeps huge stocks of all its inventories except the perishable and technological goods.
By using the fixed order quantity system Sainsbury has improved its inventory management to a great extent. This system helped it to maintain an accurate record of its inventories. Moreover the timely replenishment of inventory has helped Sainsbury to avoid the flaws which may occur due to the shortage of supply. As it handles transactions including a large amount of goods I think fixed order quantity system is an ideal choice for Sainsbury because through this system it can manage and control its inventories in effective and efficient manner. (Sainsbury’s latest supply chain ...Show more

Summary

Sainsbury’s supermarket located in the city of London is a giant departmental store that offers a variety of groceries and other household items at reasonable cost. As it is a huge firm it has to deal with huge amount of inventory. Sainsbury’s manages its inventory through…
Author : christian47
Unit 4 DB essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the coursework on your topic
"Unit 4 DB"
with a personal 20% discount.
Grab the best paper

Related Essays

The basic EOQ issues that Sainsbury faces
By using the fixed order quantity system Sainsbury has improved its inventory management to a great extent. This system helped it to maintain an accurate record of its inventories.
1 pages (250 words) Coursework
Unit 4 a
In an ethical decision-making process, what we consider inputs include the intensity of the ethical issue and opportunity. As for the system, it is the interaction of the organizational
2 pages (500 words) Coursework
4
Researching constitutional law entails working with it and improving knowledge base. In addition, it helps legal professionals and students to access legal
3 pages (750 words) Coursework
Marketing DB
ronment is helped by an overall feel of doing something worthwhile for the consumers who are always on the look-out for discounts and sale packages that crop up. This atmosphere is therefore a by-product of the mission and vision statements that have been penned down by the
2 pages (500 words) Coursework
Unit 4
??s view on non-objective art because Worringer published his book two years before Kandinsky first released his non-objective painting and it is also a fact that the two knew each other (129). 8.Kandinsky published his first essay in non-objective art and firmly told everyone
2 pages (500 words) Coursework
Unit 4 Case Project Qeustions
All their employees are allowed to access the Internet. Many employees have asked about access to company resources from home so they can telecommute, for example, when the weather is bad. After meeting with members of their
1 pages (250 words) Coursework
Unit 4 Review Assignment
4) A business refers to an organization engaging in commerce either private, partnership or a public enterprise that at many times aims at making profit or improving its shareholders or members’ livelihood. 8) This is the process by
1 pages (250 words) Coursework
Unit 4 assesment
In addition, assigning the right resource in a project avoids wastage and reduces operating cost. However, resource over allocation may arise if a project manager assigns more tasks to the available resources. This leads to impeding the
4 pages (1000 words) Coursework
Unit 4 PP Mini
As such, during the planning, the identification and assessment of risks is critical (Royer, 2013). Several risks were identified as possible of occurring during the process of planning
1 pages (250 words) Coursework
Unit 4
FPI: This contract type is more concerned with the regulation and management of costs in order to achieve sustainable profits. However, costs in this contract type are uncertain with a considerable degree for cost reduction. With reference to the Carnival
1 pages (250 words) Coursework
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation