Evaluate role their inventory plays in company performance

Assignment Help Business Management
Reference no: EM132457815

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

Write a five to seven 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 (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: EM132457815

Questions Cloud

Describe the product or service : Describe the product or service. Describe approaches you would use to assess whether your opportunity meets the needs of a target market.
Pregnancy-infancy and childhood-adolescence-adulthood : Choose from one of stages: pregnancy, infancy and childhood, adolescence, adulthood, and old age. List the specific nutrition issues affecting individuals.
Same strategy to your plan for achieving your goals : What does that person do that could help you achieve goals and dreams? What actions can you take to apply same strategy to your plan for achieving your goals.
Health care systems can be considered complex. : Elaborate on the major reasons why, according to the textbook, health care systems can be considered complex.
Evaluate role their inventory plays in company performance : Evaluate the role their inventory plays in the company's performance, operational efficiency, and customer satisfaction.
Potential risk factors are found in every project : Potential risk factors are found in every project. Although individual projects have different risks, there are several common risk factors.
Does under armour have any core competencies : Does Under Armour have any core competencies and, if so, do any qualify as a distinctive competence? Why or why not?
Training and development project : This project requires development of training program for an organization, involving the identification of training need, specification of KSAOs to be learned,
Types of policy communication : Types of Policy Communication. Explain at least two factors policy makers use when evaluating information provided to them in policy reports.

Reviews

Write a Review

Business Management Questions & Answers

  Sequence of steps involved in the grievance process

What is the typical sequence of steps involved in the grievance process? What is a fiscal year? Give examples of two different fiscal years.

  Calculate the irr for the business

Calculate the IRR for the business, round your answer to the nearest percent

  Discuss legal issues that impact nurse leaders

Discuss legal issues that impact nurse leaders. Describe the relationship between legal, ethical, and political issues.

  Different functional structures used to implement

What are the characteristics of the different functional structures used to implement the cost leadership

  Create the same value for the customer

1. Do each of bundles create the same value for the customer? Show evidence.

  Why a leader can encounter difficulty in newly formed teams

Explain what is leadership paradox? Give reasons why a leader can encounter difficulty in newly formed teams or groups using a participative management system.

  Give the ho and ha and label which is the claim

A homeowner selects 25 bulbs and finds the mean lifetime tobe 980 hours with a standard deviation of 80 hours. If a = 0.05, test the manufacturer's claim.

  Determine which products are suggested to each customer

Amazon, a successful online retailer, manages an extensive database which comprises consumers' names and their tastes in books and music.

  Discussing interdisciplinary and interdepartmental teams

Compare and contrast effective communication strategies when discussing interdisciplinary and interdepartmental teams?

  Why uae can be a better country for tea outlets

Why UAE can be a better country for TEA outlets rather than India and Turkey?

  Distribution of the duration of human pregnancies

Assume that the distribution of the duration of human pregnancies has a normal distribution with a mean of 266 days and a standard deviation of 16 days.

  Hispanic caucasian americans to develop diabetes

Why African Americans are 77 percent more likely than non-Hispanic Caucasian Americans to develop diabetes?

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