ASSIGNMENT

Subject: Inventory & Logistics Operations

Submitted To: Dr. Ali Imtiaz
Submitted By: Shahid Sherazi
Class: MS-SCM-2A

BAHRIA UNIVERSITY
Q.1 Difference between Inventory and Assets?

What’s the difference between the two? The key difference is that inventory is
the materials, work-in-progress goods and finished products a company intends to
sell to earn revenue. It is the company’s product, or it is a component used to create
the company’s product. In order to stay in business, the company must sell
inventory, send it into the distribution channel, or use it in production. Fixed assets,
on the other hand, may be used in production of the company’s products, such as
equipment or machinery, but they are not part of the company’s normal revenue
stream or product line. They are rarely sold under a year’s time, unless the
company is upgrading equipment or selling a facility or, in a worst case scenario,
closing.
Q2. Companies doing Multi echelon inventory management?

1. Miniso
2. Nestle
3. Nike

Q3. Name a organization Inventory/Asset management as its core function?

Carrefour