Determine the types of inventories these companies

Assignment Help Operation Management
Reference no: EM132742732

Assignment : Inventory Management

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

Determine the types of inventories these companies currently manage and describe their essential inventory characteristics.

Analyze how each of their goods and service design concepts are integrated.

Evaluate the role their inventory plays in the company's performance, operational efficiency, and customer satisfaction.

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.

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.

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.

Use at least three quality resources in this assignment.

Reference no: EM132742732

Questions Cloud

Calculate the cost of equity using the dividend growth : Calculate the cost of equity using the dividend growth model method. (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
Define strategic management : Define strategic management within a framework of total quality service. What is total quality service and how does strategic management fits in with TQS?
What is the after-tax cost of debt for pearce cricket farm : Pearce's Cricket Farm issued a 30-year, 8% semiannual bond 4 years ago. Which is more relevant, the pre-tax or the after-tax cost of debt?
Manufacturer about eliminating the waste : What suggestions would you give the manufacturer about eliminating the waste? How could a supplier help eliminate that waste?
Determine the types of inventories these companies : Determine the types of inventories these companies currently manage and describe their essential inventory characteristics.
How does an installment note differ from a bond payable : Fleeson Company needs additional funds to purchase equipment for a new production facility, How does an installment note differ from a bond payable
What rate should the firm use to discount the project cash : What rate should the firm use to discount the project's cash flows? If Raymond Mining is evaluating a new investment project that has the same risk.
Journalize the entry to record the amount of cash proceeds : On July 1, 20Y1, Danzer Industries Inc. issued $40,000,000 of 10-year, Journalize the entry to record the amount of cash proceeds from the issuance of bonds
How traumatic stress in childhood effects in adulthood : How diversity effects the social and emotional development of children and How traumatic stress in childhood effects in adulthood

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