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December 27, 2020
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​Supply Chain Management and managing Inventory

Please respond to the following:

Supply Chain Management

Use the Internet to research best practices in supply chain management, determine which best practices can be applied to the greatest number of small businesses. Explain your rationale.

Analyze the principles of Total Quality Management (TQM) and Six Sigma in regard to quality control of a product or service, and make at least one recommendation for improvement. Explain your rationale.

Managing Inventory

Describe a retail business with which you are familiar and determine the most suitable means of inventory control. Provide specific examples to support your response.

For the same business, discuss what innovative steps you could take to deter employee theft and/or shoplifting.

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