Write an essay of 800 - 1200 words, in which you analyse how Have Wings can endure  efficient operations and effective inventory management Your discussion should include but is not limited to: • Analyse the view that an effective inventory management system is premised upon the principles of accurate demand forecasting and keeping accurate records of inventory in relation to Have Wings.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Have Wings Based in Vilakazi Street, Orlando West, Soweto, Have Wings regards themselves as “a taste sensation”. Their restaurant and take-away outlet specialises in a variety of flavoured chicken wings, with nutritious sides, complimented with unique sauces, according to their website. They also proclaim the following on their website: “Chicken wings have fast become an international snack food sensation and at Have Wings, we have selected our favourite flavours from around the world to give you 5 mouth-watering options, Hot & Smokey, Extra Hot & Smokey, Sweet & Sticky, Oriental, Lemon & Coriander.” “Our wings go through a triple cooked process, prepared freshly every day, and finished off for you on the flame grill to order. This process not only ensures the wings are beautifully moist but that each wing is thoroughly cooked, drained of excess fat and packed to brim with our secret flavours which are unmistakably the yummiest #Wings ever.” “Dips: Although our wings are more than juicy and filled with our delicious flavours, you can make a selection from 3 different dips – Spicy Mayo, Creamy Ranch, Blue Cheese and a good old Fiery Hot Hot Hot sauce”. “Sides: Our sides have been perfectly created to offer you a healthy tasty alternative, all our sides are fresh and light and can be ordered with a combo or on their own”.

Effective and efficient operations management will be seen in meeting customer requirements and in the management of inventory. Inventory exists to satisfy customer needs, therefore operations needs to ensure that their inventory strategy, policy and management delivers exactly that.

Write an essay of 800 - 1200 words, in which you analyse how Have Wings can endure  efficient operations and effective inventory management

Your discussion should include but is not limited to:

• Analyse the view that an effective inventory management system is premised upon the principles of accurate demand forecasting and keeping accurate records of inventory in relation to Have Wings.

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