I always store commodities such as toilet paper, toothpaste, shampoo, water bottles, etc. in places like drawers, baskets, shelves, etc. I make sure to check the storage twice a month to make sure there is enough of each product. If there is a need, I plan to buy the required products online or from retail stores. I always take care of the expiry date of the products before buying as some of the items have a lead time for several days. Or, when I buy earlier than expiry of existing products, it causes over stocking and exhaustion of space. For efficient management of inventory, the order data and lead time is important. When I buy new products, I organize them by putting old products in front and new ones in the back so that I can use the older products within expiration data. According to my viewpoint, individual process of self-sufficient inventory is good and value for money, but company perspective big inventories are not always a good sign for them because it causes languishing in warehouses and can make a company look less appealing for business to investors and potential customers.
I think my behavior is a part of the Kanban system that is similar to the supply chain process involved. I am not sure if I have learned this method during the class, but I have followed this process since a very long time in the past and it helps me a lot by keeping the inventory functional at all times. My routine behavior is beneficial because it establishes an upper limit to the work in progress inventory, avoiding overloading of the manufacturing. I never realized that I am actually following a supply chain process in my everyday life. If I would find out a better way of executing this process, I will definitely act accordingly to make my life better.
Revise Essay Samples
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