What is the need for inventory holding in the purchasing and supply function. Give detailed examples to illustrate
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What is the need for inventory holding in the purchasing and supply
function. Give detailed examples to illustrate
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- Write an essay explaining the need for inventory holding in the purchasing and supply function. Use detailed examples to illustrate understanding.What is the relationship between inventory management and the supply chain?When is the right time and placement for the business to produce or order products as their inventory? Is overstocking of products good for one company? Why?