JWitte_WheeledCoachREVISION.docx - Why is accurate...

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Why is accurate inventory management so important for Wheeled Coach? Why does Wheeled Coach carry excess inventory? How could Wheeled Coach look to reduce their inventory levels? Wheeled Coach makes ambulances for hospitals and fire stations across the globe. They use a wide range of raw materials to make their ambulances. Managers for Wheeled Coach must identify the materials needed, work with vendors to purchase materials, and supervise the production process. In order to ensure that the manufacturing production is successful they need to have an accurate inventory management system that will help them through purchasing while maintaining inventory levels. As it takes about three thousand raw materials to make one ambulance, accurate inventory management is vital. In order to meet the customer demands, Wheeled Coach implemented a software system to help manage their Materials Requirements Planning (MRP) strategies. The MRP helps the managers control the inventory needs, where the demand for raw materials is dependent on the finished goods to be produced. Wheeled Coach follows strict production
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  • Winter '14
  • Production and manufacturing, Manufacturing resource planning, Wheeled Coach

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