Contents

• Introduction 4
• About Best-Buy Auto Group 4
• Difference in Purchasing and Inventory Management Policies and Procedures among Dealers 5
• Main Weakness of the Purchasing and Inventory Management Practices at Best-Buy 5
• Recommendations for the Restructuring of the Purchase and Inventory Operations for Dealership Network of Best-Buy 6
• Use of the Just-in-Time Technique 6
• Application of the Lean Supply Chain Concept 8
• Application of the Agile Supply Chain Technique 10
• Use of the RFID Technology in Supply Chain Management Activities 12
• Conclusion 14
• Bibliography 15

Description

This report is based on the following requirement -
As a newly appointed Purchasing Manager at Best-Buy Auto Group you are required to prepare a report for Helen Harrington that addresses the following questions:
1. How might purchasing and inventory management policies and procedures differ because the dealerships purchase different types of service parts and materials (e.g. lubricants, non-genuine parts versus genuine parts) from different types of suppliers?
2. What do you see as the main weaknesses of the current purchasing and inventory management practices at Best-Buy Auto Group, and how could these weaknesses be affected by the new acquisition?
3. How can supply-chain and inventory management concepts help Helen Harrington reduce investment and space requirements whilst maintaining adequate service levels?
4. What recommendations would you make to Helen Harrington with respect to restructuring the purchasing and inventory functions for the Best-Buy Auto Group dealership network?
The report should be a confidential report for the CEO, and be presented as a suitably professional document.
This assessment item involves researching your assigned topic to enhance your understanding of Operations Management concepts and utilisation of academic literature. Whilst you should AVOID using only textbooks, the prescribed textbook for the course should be cited in regard to broad operations management principles. You will be expected to present information and evidence from, and cite, at LEAST twelve (12) relevant peer-reviewed, academic journal articles (minimum requirement). Refer to your recommended readings for examples of academic journals. While you can cite these articles, you must find twelve (12) peer reviewed journal articles not listed in the course materials. The quality and number of citations will demonstrate the breadth and depth of the literature used to answer the questions. Your marker is interested in the analysis that you have developed from YOUR review of the literature and how well you use the literature to respond to the topic.