Inventory Management: Types Of Inventories
SUBMIT ASSIGNMENT 2
Assignment 2: Inventory Management
Due Week 8 and worth 300 points
*Research two (2) manufacturing or two (2) service companies that manage inventory and complete this assignment.
*Write a five to seven (5-7) page paper in which you:
*Determine the types of inventories these companies currently manage and describe their essential inventory characteristics.
*Analyze how each of their goods and service design concepts are integrated.
*Evaluate the role their inventory plays in the company's performance, operational efficiency, and customer satisfaction.
*Compare and contrast the four (4) different types of layouts found with each company; explain the importance of the layouts to the company's manufacturing or service operations.
*Determine at least two (2) metrics to evaluate supply chain performance of the companies; suggest improvements to the design and operations of their supply chains based on those metrics.
*Suggest ways to improve the inventory management for each of the companies without affecting operations and the customer benefit package. Provide a rationale to support the suggestion.
*Use at least three (3) quality resources in this assignment. *Note: Wikipedia and similar Websites do not qualify as quality resources.
*Your assignment must follow these formatting requirements:
*This course requires use of Strayer Writing Standards (SWS). The format may be different than other Strayer University courses. Please take a moment to review the SWS documentation for details (more information and an example is included in the Strayer Writing Standards left menu link).
*Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. *The cover page and the reference page are not included in the required assignment page length.
*The specific course learning outcomes associated with this assignment are:
*Evaluate the processes used in designing and producing goods and services.
*Determine four layout patterns and when they should be used.
*Utilize the concept of supply chain management.
*Employ the concept of capacity management.
*Evaluate the management of inventories and resources.
*Use technology and information resources to research issues in operations management.
*Write clearly and concisely about operations management using proper writing mechanics.
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