Identify an improvement project in inventory and supply chain operations in your organisation or an organisation you are familiar with.
1. Describe how this improvement is planned in terms of:
· the supply chain planning techniques and technologies to be applied
· the project planning approach
· the quality improvement approaches used.
2. Identify any risks associated with this improvement project together with associated mitigating actions you might propose.
3. Use financial concepts and a range of financial evaluation techniques to inform the decision whether to engage in this project, including examples of:
· The differences between capital and revenue expenditure
· How costs are classified
· How costs are allocated
· Application and evaluation of appropriate investment appraisal techniques
PleInclude references and bibliography