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This activity accounts for 25% of your overall module mark.
By Day 4 of week 2 in 300 words answer the following question:
How much (too low or too high) is optimal inventory when the operating environment is continuously impacted by external disruptions such as COVID?
Along with concepts introduced in this week’s lecturecasts, you should critically review published research articles on the topic to support your answer.
You are encouraged to support your arguments with real-world examples, these can be sourced from media/practitioner articles with appropriate citations. Examples:
Choi, T. Y., Rogers, D., & Vakil, B. (2020). Coronavirus Is a Wake-Up Call for Supply Chain Management. Harvard Business Review Digital Articles, pp2–5.
Financial Times (2020) Companies must build up buffers against shocks; The pandemic has shown that vital safety margins were neglected. (April 23) p14.
Observer (2021) Toys could be in short supply this Christmas, so get buying now, industry warns; Container shortages and shipping costs may result in a scramble for must-have gifts. (August 15). Observer [London, England].
By Day 7 read the posts from your colleagues and in 200 words post a response to one of your colleagues.
Build on a colleague’s post by offering a novel insight that supports their argument or provide a counter-argument which constructively challenges their ideas. Use academic literature to support your ideas