Explain the importance of a business having enough materials on hand
Outline issues that can arise from having too many materials on hand
Sweet Dreams Mattress Co., a family-owned business located in the heart of Melbourne, crafts high-quality, hypoallergenic mattresses using sustainable materials. Senior manager and owner, Felicity is looking to improve the efficiency of the operations by reducing the money spent on storage of materials. Discuss a materials strategy that could be used to improve the efficiency of the operations at Sweet Dreams Mattress Co.
Foodie’s Fantasy is a high-end, personalised meal planning and delivery service based in Berwick. Founded in 2020 amidst the shift towards remote work and home cooking, Foodie’s Fantasy curates weekly meal plans for busy professionals, sourcing the finest ingredients and delivering ready-to-cook meal kits right to the doorstep. Recently, there has been concerns around the quality of the food. Justify a materials strategy that could improve the effectiveness of their operations.