Essays on Best-Buy Auto Group - Purchasing and Inventory Control Case Study

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The paper “ Best-Buy Auto Group - Purchasing and Inventory Control” is a worthy example of the case study on business. Effective management of business entities is achieved when customer satisfaction is met and thereafter the business is able to profit from it. In order to achieve and maintain high standards in the running of an organization, operations management skills are very critical. They enable the designing of products and maintaining processes in the organization. The processes in an organization include the supply chain, production process, etc. (Babai& Jouini 2013, p. 135).

Operations management touches on the three levels of management. These levels are tactical, strategic, and operations. This implies that proper handling of operations management roles leads to a fully functional organization. In this case study, the CEO has to be involved in every process to ensure that the various processes are ongoing. This report aims at providing information to the CEO in relation to the various issues in the organization and recommendations concerning the possible solutions. The report has been compiled successfully through the contribution several writers have made over the subject.

Best-Buy Auto Group is making provisions for the growth potential that has been projected. This report addresses the critical areas that have to be tightened as the company prepares for expansion in the near future. In that regard, this report focuses heavily on the purchasing and inventory functions of the company. The complexities that surround the acquisition of the service parts present an enormous challenge. The process of identifying, evaluating, and brokering contracts with suppliers may be somehow complicated in the case where the different products are sourced from different suppliers.

One of the issues that will be complicated in relation to multiple suppliers is the process of screening probable suppliers (Chen & Cheng 2013, p. 3390). This entails evaluating the financial and logistic issues about the supplier. The company must have ascertained beyond a reasonable doubt that the supplier is able to meet the demand time as well as maintain the quality as agreed.

References

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