Inventory Management and Materials Requirement Planning of the Royal Air Force of Oman. The work is to be 10 pages with three to five sources, with in-text citations and a reference page.
I will pay for the following article Inventory Management and Materials Requirement Planning of the Royal Air Force of Oman. The work is to be 10 pages with three to five sources, with in-text citations and a reference page. Inventory management can be defined as the practice of managing the inventory of an organization so as to ensure that it does not go out of stock and that the needs of the organization are continually met (Pillsbury, 2005). Inventory management is carried out in order to protect the organization against stock-outs when there is variability in terms of demand. Inventory management and materials planning in a military setting is very much different from the business setting due to the nature and sensitivity of the inventory itself. The fact that there is always need to provide the right materials to the military personnel at the right time especially during the war has resulted in a situation where the inventory management practices adopted are very risk averse leading to the holding of a lot of inventory at a time in their stores. This is due to the fact that there is a need to consider the risk of lacking particular materials when they are needed by the personnel on the ground (Hillier and Lieberman, 2001). Royal Air force of Oman Inventory system The Royal Air force of Oman is no exception to the inventory management practices adopted by the military.