Reverse Inventory Management & Financial Implications (IP-2)

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Deliverable Length: 3–4 pages + title and reference pages

Assignment Details

Assignment Description

Building on the company research that you completed in your Week 1 Individual Project, create a flow chart that focuses on the following:

Include a summary of the stages of the product life cycle, both forward and backward.
Focus in on how the stages of the product life cycle relate to this particular company.
Provide examples and supporting documentation.

Please submit your assignment.

For assistance with your assignment, please use your text, Web resources, and all course materials.

Reading Assignment

Myerson, Chapters 4 - 6

Assignment Objectives

Students will understand and analyze measurements that demonstrate improvement and cost savings in the reverse inventory management process at single operation, multiple units, and corporate level.
Students will identify cost and profit relative to product life-cycle phases including damaged products, obsolete inventory, and reverse logistics from the end-user/customer to liquidation, recycling, donations, and/or distribution centers.

This is an Individual Project.
When you are submitting a Word document, which is required in all Individual Projects (IP) you must follow these requirements for a title page:
1. Title page: (Assignment title, Your name, Course, Instructor and Date).
2. 1 inch margins all around
3. Double spacing
4. #12 Font, Times New Roman OR Arial
5. Proper paragraph indentations
6. No extra lines between paragraphs

Page 2 and more.
1. Repeat the title at the top of page two (use the header information)
2. Introduction (with thesis statement at the end), body paragraphs, and concluding paragraph.
3. NOTE: You will need to cite from the textbook material in support of your ideas.
4. Add a References page on a new page at the end of the essay.

Instructor's Comments:

Phase 2:IP: Welcome to our 5th Assignment Section
Due date: Monday midnight latest 7/20/2015.

Please note the following recommendations for this assignment.
• This assignment requires the essay format, and includes a flow chart.
• It is best to examine carefully the assignment expectations, and develop a strong essay.
• Note the recommended outline for an essay as listed in Phase 1 DB (scroll up above).
• Next, take the assignment specific objectives and outline an essay.
Assignment Prompt: Building on the company research that you completed in your Week 1 Individual Project, create a flow chart that focuses on the following:
Include a summary of the stages of the product life cycle, both forward and backward.
Focus in on how the stages of the product life cycle relate to this particular company.
Provide examples and supporting documentation.

Note the following suggestions based on the 3 assignment prompts:
• Provide a title page.
• Introductory Paragraph:
• Body Paragraph One: Introduce and develop your flow-chart
• Body Paragraph Two: Include a summary of the stages of the product life cycle, both forward and backward.
• Body Paragraph Three Focus in on how the stages of the product life cycle relate to this particular company.
• Body Paragraph Four: Provide examples and supporting documentation.
• Conclusion Paragraph: Your final recommendations.
• References page: this a new page at the end of the essay listing your resources consulted.
Please review this video and note the text information also: The 5 Paragraph Essay Format: http://www.englishdiscourse.org/5.paragraph.essay.format.1301.html

I need to see your analysis of your findings. Cite briefly from your sources to begin your analysis.
Remember to cite correctly APA style in your essay and always include a References page.
Helpful Resource: http://www.conceptdraw.com/examples/payment-cycle-flowchart
Video on Life Cycle Flow Chart: https://www.youtube.com/watch?v=-2CgahHkCdI
I look forward to reviewing your mini-essay on the best quality management option.