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EN

Please view the following video: http:www.youtube.comwatchvqkZQxXJuqKo What are the common costs of inventory Why do we need safety stocks and

Please view the following video:
http://www.youtube.com/watch?v=qkZQxXJuqKo
What are the common costs of inventory?
Why do we need safety stocks and how do we plan and determine them?
Identify and explain inventory reduction strategies.
Please ensure to write a post which is a minimum of 500 words, please ensure to provide at least two peer reviewed journal articles.

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