EMIRATES STEEL INVENTORY CONTROL MODELS - EMIRATES STEEL...

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EMIRATES STEEL INVENTORY CONTROL MODELS 1 EMIRATES STEEL INVENTORY CONTROL MODELS Name School Affiliation
EMIRATES STEEL INVENTORY CONTROL MODELS 2 Fluctuations in market demand for consumer and industrial products necessitates a carefully designed inventory control model. This is beneficial to companies such as Emirates Steel since the latter helps them avoid risks associated with production and changes in demand as well as ensuring that the company continues to produce quality products. Emirates Steel industries located in the heart of the Middle East where rapid development has gone on over the last few years needed to meet the growing demand for construction materials while at the same time ensuring their customer's satisfaction (Ter, pg.312). This paper seeks to discuss the inventory control models employed by the company's management to help avoid demand- oriented risks and ensure product quality. In addition, the methods used to manage inventory will be discussed.

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