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Please refer to the attachment to answer this question. This
More:Please refer to the attachment to answer this question. This question was created from SSRM Test.docx https://www.coursehero.com/file/14514954/SSRM-Testdocx/?focusQaId=9870383 The following text was automatically generated from the attachment: a. Cost controls can be found through an inventory management system. Improved controls over demand, processes, supply, lead time and cost variances are some components. b. Keeping the customer satis?ed helps keep them loyal, insuring inventory will turn as negotiated. c. The key to reducing inventory costs is to increasingly involve suppliers and vendors in carrying components for additional periods of time, thus lowering carrying costs.
This question was answered on: Feb 21, 2020
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