Determine the types of inventories

Assignment Help Operation Management
Reference no: EM132584121

Assignment : Inventory Management

Research two (2) manufacturing or two (2) service companies that manage inventory and complete this assignment.

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.

Reference no: EM132584121

Questions Cloud

How do race and ethnicity influence health for the group : Describe the ethnic minority group selected. Describe the current health status of this group. How do race and ethnicity influence health for this group?
Environment analysis & country selection : Explain the advantages and disadvantages of doing international trade to Dream Cloud Ltd. Be specific about your points and relate them to the company
Channels of communication : You have carefully drafted a message to inform employees of a change to the attendance tracking system in your organization
How policy impacts public at large or particular population : Explain how the policy impacts the public at large or a particular population. What stakeholders would you collaborate with to promote the cause?
Determine the types of inventories : Determine the types of inventories these companies currently manage and describe their essential inventory characteristics.
Functions of any size to use the strategic management : -Why is it important for individuals and organizational units/functions of any size to use the strategic management process
Implementing new smoking cessation program : You are an HR executive for a health system who is implementing a new smoking cessation program.
Ways of improving sensitivity in the workplace : What are the ways of improving sensitivity in the workplace as delivered in your basic needs, wellness and diversity of personal experience
Why nutrition is a central component in health promotion : Discuss why nutrition is a central component in health promotion. What are some of the nutritional challenges for emerging populations?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd