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Chinese Pharmaceuticals (HK) Limited: Effective Forecasting for Optimal Inventory Management
內容大綱
Chinese Pharmaceuticals (HK) Limited, a private, family-owned business in Hong Kong that supplies Chinese medicine products to retailers in Hong Kong and Macau, faces a situation where additional cash is needed for additional inventory. Jason Kwok, the General Manager is challenged to maintain adequate inventory levels of Noto37, a Chinese herbal medicine used to control cholesterol and blood pressure levels. Without compromising the company's cash flow needs, Jason has to implement better systems internally, by improving sales forecasting and prudent inventory management, to avoid shortages of the product.