Conclusion

Recommendations

A few recommendations going forward in order to prevent shrinkage include LP analyzes self-check-outs and security cameras on items in order to clearly show people that they are being monitored for theft. When it comes to inventory ordering, analyzing each individual department in order to provide the best system possible (Periodic vs Continuous).  First phones need to be used more efficiently. With these first phones working properly, assisting customers will come more easily as well as a source to check inventories and order products.

Lessons Learned: " There is not one clear cut inventory system for every company. There are serious tradeoffs with larger vs small inventories." Christina

“All it takes to create a well-developed inventory system is to have an experienced team to lead any outcomes.” -Andre

“Companies like Home Depot cannot focus on implementing Six Sigma in isolation. The same attention must be paid to employees, innovation as well as Home Depot's customer relationships.”-Sarah

“The importance of proper inventory management and how it can impact the bottom line”-Frank