Explain the commonly used procurement and inventory cost reduction methods for your selected company.

COMPANY: AT&T Explain the commonly used procurement and inventory cost reduction methods for your selected company.

Discuss the impact of these cost reduction methods on suppliers and customers. Discuss the benefits and risks of the selected methods to the company. Explain if your selected company needs to deal with seasonality and how it matches procurement and inventory to address seasonality. For

example, if your selected company produces and sells farm equipment, explain how the firm shifts production and/or shipping around the world to balance supply and demand of its products throughout the year. Your initial post must include all the assigned readings REFERENCES: Use your Global Logistics and Supply Chain Management text to read the following: Chapter 8, “Procurement,” pages 142–166. Chapter 9,

“Inventory Management,” pages 167–188. Chapter 10, “Warehousing and Materials Handling,” pages 189–207. Use the Capella library to read the following: Bag, S. (2016). Flexible procurement systems is key to supply chain sustainability. Journal of Transport and Supply Chain

Management, 10(1), 1–9. Fiksel, J., Polyviou, M., Croxton, K. L., & Pettit, T. J. (2015). From risk to resilience: Learning to deal with disruption [PDF]. MIT Sloan Management Review, 56(2), 79–86. Pereira, C. R., Christopher, M., & Da Silva, A. L. (2014). Achieving supply chain resilience: The role of procurement. Supply Chain Management, 19(5/6), 626–642. Use the Internet to review or view the following: APICS. (n.d.). Retrieved from http://www.apics.org/ Maskell, B. (Producer). (n.d.). Lean supply chain 4 inventory management [Video] | Transcript. Retrieved from https://www.youtube.com/watch?v=8SrdSgQqFM4