Supply Chain Inventory Management at Crayola

View the video “Supply Chain Inventory Management at Crayola” (available through the MyOMLab link on the left-side navigation). Using the Crayola example, explain why process-level and supplier-level considerations are important in the development of effective inventory management. Specifically, respond to the following questions:
What impacts do process and supplier levels have on supply chain management and operations costs? How does inventory management relate to implementation of the just-in-time (JIT) strategy and lean systems? How might these inventory management control methods benefit the company you are researching for the final project?
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Sample Solution