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Their main issue is Lawrence Sports does not have an existing inventory management program in place. The company also does not have a supply policy. The lack of an inventory management program is also hurting the company. An opportunity for this issue would be to improve their inventory management program and like Radio Shack; the company would put in a Celerant’s Managed Control and Reporting System. This system would help Lawrence better manage their inventory and supply. One other issue is that the credit management program does not exist. The company has no terms of sale, no credit analysis, no promise to pay, and no collection policy...
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