This is an individual, graded assignment and should be completed individually and submitted by the due date.

Post a detailed critical analysis of the article “Five Common Inventory Mistakes and How to Avoid Them” which can be found on your Course Schedule.  In your critical analysis, include your responses to the following questions.

1.Specifically, investigate the recent history of Adidas (Adidas Group, Herzogenaurach, Germany) in light of these five common inventory errors. How has Adidas’s business suffered in recent years, especially relative to the industry leader, Nike (Nike, Inc., Beaverton, OR), and how might better inventory management improve its competitive situation?

2.What are the potential benefits of physical inventory counts? Should firms just eliminate physical inventory counting? Are there any legal or accounting ramifications to eliminating physical counting?

3. What are the downside risks with inventory management software? How is inventory management related to the lean manufacturing principles introduced in this course?

In addition to your own post, provide substantive comments or critiques for at least one of your peers’ posts. Also, Your own contribution must be posted by Thursday of the week when discussion assignment is due.