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Monday, April 22, 2019

Operation Managment case study Example | Topics and Well Written Essays - 3250 words

Operation Managment - Case Study ExampleIn deed Lee (1) points out that the key differentiator between poor do and high performing companies is the ability to increase inventory turns.Inventory management can be a daunting line of work for a mass retailing business with hundreds of products coming from a vast array of suppliers. Such a challenge can be even greater when the suppliers are located in different echelons of the system of ruless distribution network. Usually, most retail chains often use central distribution centres which get-go products from the suppliers and distribute them to the retail stores. Though this proves effective in most cases, if not well managed and executed, it may go away to excess inventory in terms of redundant safety stock, stock outs, and product allocations that are not optimal (Lee 2). This paper analyses LuLus hypermarkets inventory management to identify a failing and propose a re-engineered improved operation.LuLu Group operates some of th e biggest and well performing hypermarkets, Lulu render and shopping malls in the United Arabs Emirates and in other cities within the Gulf region (Retail Business check up on 1). The hypermarkets which are the retailing division of EMKE Group, a multinational company dealing in a wide array of sectors, prides itself in providing high quality consumer merchandise across the Gulf region through its 103 stores. desire any other mass merchandising store, LuLu hypermarkets offers a wide array of consumer goods and services low one roof (LuLu Hypermarkets 1 Hemalatha and Sivakumar 52).LuLu hypermarkets deal in a wide array of products ranging from grocery products, apparel products, baby products, cleaning products, beverages, health and beauty aids, electronic products, pet supplies, seasonal merchandise, situation furnishings and home decor, kitchen appliances, tools and power equipment, office supplies, outdoor living, gardening products, as well as footwear. All these products are from a wide array of brands, in different

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