A materials review board shall conduct an ongoing review of the inventory to ascertain which items should be disposed of, and to direct this disposition in the most profitable manner.
The company will reject all received items for which no prior authorization was issued.
All inventory transactions shall be recorded in the warehouse management system database within ___ minutes of their occurrence.
The management team shall regularly review the company’s products, product options, and supporting parts structure to cancel unprofitable items and eliminate redundancy.
The management team shall endeavor to reduce the company’s inventory investment to the minimum level, subject to constraints imposed by profitability, warranty, and customer service objectives.