Lowes and Home Depot
Access the following websites; lowes.com and homedepot.com
1. By accessing the above evaluate, compare and contrast their operational processes in the following categories
a. What are the product types?
b. What are the market segments
c. What is their history
d. Is innovation present?
2. After review of the consolidated balance sheets for both I’ve captured the data attached in the excel spreadsheets. Based on this information and your understanding of inventory, provide feedback in these areas. Please compare and contrast the two stores
a. Inventory Turnover
b. Average inventory trends.
c. Sales in like categories.
d. Based on your understanding of safety stock, how may it be applied in these stores.
3. Review Lowes and Home Depot websites to determine how they create their products and maintain quality in product and/or services.
4. Review Lowes and Home Depot websites discuss, contrast each efforts in social responsibility and ethics.
5. Lastly I’d like your view on each in terms of efficiency and effectiveness on both. Such as inventory usage, sales trends, any information you’ve gleaned from above, etc. Also are their trends in social media (google)?
tutorthammy
operationmanagementassignment.docx
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