Bob Rhode.docx - Bob Rhode’s sporting goods store “The...

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Bob Rhode’s sporting goods store “The Sports Guy” main management objective is to improve the inventory management for his business. His target is to be on par with the industry standard if not at a higher standard. His problem is how to achieve it, he can do this by either introducing a computerized inventory system, which will decrease time, increase productivity, as well as make the business more effective. This will also help with his company’s financial performance which is also one of Bob’s broader objectives. We recommend that Bob implements a computerized inventory management system, by doing so he will improve his business in many ways. His current manual inventory system is very flawed due to the data only being accurate up till the last time inventory was done, with this technology he can always see how many units are on the floor, how many sold, as well as which are selling fastest/slowest. Firstly, using this technology we will be saving time on payroll and billing calculations. In the workplace, time is money, if you have more time on your hands, you
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