AS(7131) A-level (7132) Specifications For teaching from September 2023 onwards For as exams in May/June 2024 onwards For a-level exams in May/June 2025 onwards Version 2.0
This lesson covers:
How to manage supply to match demand and the value of doing so, methods include:
Outsourcing (including the value of outsourcing)
use of temporary and part time employees
producing to order
Influences on the amount of inventory held
interpreting inventory control charts
lead time
re-order levels
buffer level of inventory
re-order quantities
Influences on the choice of suppliers
How to manage the supply chain effectively and efficiently and the value of this
This lesson is written by Sarah Hilton for Revisionstation
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