First student's hospital had to declare bankruptcy. a new ceo has been hired who has a reputation for her strategic leadership ability, and she quickly develops a strategic plan to reorganize the business and its operations function. discuss how inventory management could be used as part of the new operations competitive strategy to improve its efficiency and effectiveness.

Inventory management could be used as part of the new operations competitive strategy to improve its efficiency and effectiveness in that it will reduce useless overspending and hence, save money. It will benefit the company in the short term and also in the long term, because it will create room for further growth, which is one of the most important goals of every business.