Question

Don's boss asked him to prepare a report that shows the activities in the warehouse from the moment raw steel enters the plant until the end product is shipped out to the customer. His boss wants to understand the activities that go into the product. In other words, Don's boss is seeking to understand _________.

Answer 1

Answer:

In other words, Don's boss is seeking to understand the inventory management.

Explanation:

Inventory management is a component of supply chain management that involves the supervision of non-capitalized assets, or inventory, and stock items.

inventory management supervises the flow of goods from manufacturers to warehouses and from these facilities to point of sale.

Don's board will require him to prepare an inventory report that shows the activities in the warehouse from the moment raw steel enters the plant until the end product is shipped out to the customer.