Systems Thinking Report: Analyzing Kmart Australia's Inventory Issues

This report analyzes Kmart Australia's inventory management challenges through the lens of systems thinking. The report begins by identifying the issues Kmart faces, such as poor inventory management, faulty products, and declining customer satisfaction. It emphasizes the need for a systems thinking approach to address these problems, which involves taking a holistic view of the organization and its interconnected elements. The report discusses how Kmart can improve its inventory management by tracking stock effectively, adopting mobile inventory management, and optimizing space. It also suggests using inventory optimization software to solve supply chain and unplanned ordering problems. The report includes a rich picture to visually represent the interconnected elements of the system and references academic sources to support its analysis and recommendations.