Tim Horton's Case Analysis For Operation Management
Title: Tim Horton's Case Analysis For Operation Management
Category: /Business & Economy
Details: Words: 2012 | Pages: 7 (approximately 235 words/page)
Tim Horton's Case Analysis For Operation Management
Category: /Business & Economy
Details: Words: 2012 | Pages: 7 (approximately 235 words/page)
Background:
(Executive summary):
Tim Horton's one of North America's largest coffee and fresh baked goods chains. Today, Tim Horton's has more than 2,200 stores across Canada and a steadily growing base of 160 locations in key markets within the United States. Our project is focus on the Inventory management of Tim Horton's which located in Bay Shore, 2970 Carling Ave. Inventory Management is the practice of planning, directing and controlling inventory so that it contributes to the business'
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the software can enhance perpetual inventory system (by keeping up-to-date record of inventory levels), the manager will be able to predict demand and also to enjoy economies of scale by placing several orders at the same time. Although the owner might be reluctant in purchasing the software due to its high cost in the short run, the benefits that will be reaped in the long run will definitely outweigh the cost in the short run.