Inventory Control at Wheeled Coach Harvard Case Solution & Analysis

Inventory Control at Wheeled Coach Case Solution

Question No 1

ABC Analysis

The “ABC Analysis” is the method of dividing the inventory on the premise of dollar volume. Wheeled Coach implements "ABC Analysis" by characterizing the raw materials clearly and the work that undergoes as well as the property of final goods.

It implements the “ABC Analysis” by analyzing the complete annual usage of the high-dollar items and then categorizes them as “A”. It further categorizes the A as 15% of the overall inventory and 80% of total costs. The next category which is “B” consists of those items that are medium standard and represent 30% of the total item, comprising of 15% value costs. The last category is “C”, which consists of 5% of the annual volume and total of 55% items. Following table show the “ABC analysis” and the preferred items:

Table-Wheeled Coach ABC Analysis

Question No 2

Inventory Control Administration

The stock control administrator at Wheeled Coach would not exclusively be required to have ABC investigation, yetit carries out close actual control of the stockroom. The individual would apply and carry a cycling frame work of counting and making sure if any of the design needs changes or procedures.The individual will also carry out the counting framework and would provide guarantee that if any issues require change in designing orhe looks for those things which were missed out on previously for the material bills. Stockrooms would be combined to the possible degree.Moreover, the management of shipments details, administering stock reviews and keeping up with reports of buys and evaluating are the important and crucial factors for inventory controller.

Question No 3

These changes would be implemented by the inventory control manager through effective training and leadership in hiring and other systems of operations, such as: the training of staff education and hiring of experienced personnel. It is very important to provide awareness to the staff regarding all the quality control measures and the management, which helps in maintaining the accuracy of the inventory.

Moreover, the staff must be aware of the inventory management importance, and it is important for the staff to make complete report of all the basic details related to the inventory and stock shipments in order to avoid any excess inventory conditions. (Barry, 2005)

It is also guaranteed that all concerned workers know the significance of stocking of records, stock controlling and locked stockrooms. The board needs to display the appropriate administration and backing of the whole framework, including precise material bills, quick giving of ECNs, and preparing financial plans, etc................................

This is just a sample partial case solution. Please place the order on the website to order your own originally done case solution.

Related Case Solutions & Analyses:

Intercorporate Investments The Eli Lilly MDR-TB Partnership: Creating Private and Public Value Commercializing an MRI Breakthrough Best Buy: The Innovation Initiative Video MacPherson Refrigeration Ltd. Taj Hotels, Resorts & Palaces: To Pierre or not to Pierre (B) Making China Beautiful: Shiseido and the China Market Fish bay in Emerson Electric Company Ourplane