Inventory Management

 
Inventory Management Instructions

Research two manufacturing or two service companies that manage inventory and write a 5–7 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 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 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 quality resources in this assignment. Note:  Wikipedia and similar Websites do not qualify as quality resources.
8. This course requires the use of Strayer Writing Standards. For  assistance and information, please refer to the Strayer Writing  Standards link in the left-hand menu of your course. Check with your  professor for any additional instructions.
   The specific course learning outcomes associated with this assignment are:
    

• Propose improvements to the inventory management practices of businesses.