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EnRou EnRou
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Posts: 757
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6 years ago
How might technology help in managing purchasing activities to minimize required storage space without an increased risk of running out of stock?
 
  What will be an ideal response?
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wrote...
6 years ago
Purchasing software interfaced with recipe management software can help to determine specific order points that incorporate safety levels (minimum quantities that must always be available). This interface also can provide managers with information about normal lead times (quantities used) between order placement and receipt. Taken together, the information can help to minimize storage space.
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