Optimizing Inventory Management for Elite Window Fashions
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Project scope
Categories
Supply chain optimization Operations Project managementSkills
inventory management supply chain logistics inventory turnover supply chain acumen inventory management system managementElite Window Fashions is seeking to enhance its supply chain logistics and inventory management processes. The company faces challenges with managing lean inventory, ensuring good turnover times, and avoiding stock gaps, especially since their inventory is sourced from overseas. The goal of this project is to analyze and optimize the current inventory management system to improve efficiency and reliability. Learners will apply their classroom knowledge of supply chain management and logistics to identify bottlenecks and propose solutions. The project will involve evaluating current processes, researching best practices, and recommending strategies for lean inventory management and improved turnover times. This will help Elite Window Fashions maintain a steady supply of products and reduce the risk of stockouts.
The project deliverables will include a comprehensive report detailing the analysis of the current inventory management system and proposed improvements. Learners will provide a set of actionable recommendations for optimizing supply chain logistics and managing lean inventory. Additionally, a presentation summarizing the findings and proposed strategies will be delivered to Elite Window Fashions' management team. The deliverables will offer practical solutions to enhance inventory turnover times and prevent stock gaps.
Providing specialized, in-depth knowledge and general industry insights for a comprehensive understanding.
Sharing knowledge in specific technical skills, techniques, methodologies required for the project.
Direct involvement in project tasks, offering guidance, and demonstrating techniques.
Scheduled check-ins to discuss progress, address challenges, and provide feedback.
About the company
Elite Window Fashions™ is a Canadian manufacturer of custom window treatments based in Concord, Ontario. What began in 1967 as a small vertical blinds store in midtown Toronto has grown over the years expanding nation-wide.
Since then, Elite has introduced dozens of unique, diverse, innovative, and high-quality window treatments into Canadians homes and businesses while maintaining the same care and dedication for its customers that has been Elite’s trademark since its inception.