Case2 Solution

The advantage of on line systems is that they are

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Unformatted text preview: sed on profitability of each item as per size. 3) The company should explore the possibility of installing RFID systems that scan the bottle tags and link it to central databases for size and label, blended whiskey combination, ratio of ingredients. This will reduce the need for manual scanning. 4) Exploring the possibility of implementing JIT (Just in Time) system that can reduce the finished goods inventory at substantial level. 5) Follow EOQ/ ROP system and discontinue the practice of production in batches based on item size. 6) The EOQ/ ROP system should be fed the point of sale (here point of dispatch) data in order to make the system more dynamic, the system should be able to forecast the sales and then determine the EOQ/ ROP values automatically. 6...
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