Inventory Management

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 six to eight (6-8) page paper in which you:

  1. Determine      the types of inventories these companies currently manage and describe      their essential inventory characteristics.
  2. Analyze      how each of their goods and service design concepts are integrated.
  3. Evaluate      the role their inventory plays in the company’s performance, operational      efficiency, and customer satisfaction.
  4. 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.
  5. 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.
  6. 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.
  7. 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.

Click here to view the grading rubric for this assignment.

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