Inventory management, management homework help
Research two (2) manufacturing or two (2) service companies that manage inventory and complete this assignment. Write a six to eight (6-8) page paper in which you: 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 companys performance, operational efficiency, and customer satisfaction.Compareand contrast the four (4) different types of layouts found with eachcompany; explain the importance of the layouts to the companysmanufacturing or service operations.Determine at least two (2)metrics to evaluate supply chain performance of the companies; suggestimprovements to the design and operations of their supply chains basedon those metrics.Suggest ways to improve the inventorymanagement for each of the companies without affecting operations andthe customer benefit package. Provide a rationale to support thesuggestion.Use at least three (3) quality resources in thisassignment. Note: Wikipedia and similar Websites do not qualify asquality resources. Your assignment must follow these formatting requirements: Betyped, double spaced, using Times New Roman font (size 12), withone-inch margins on all sides; citations and references must follow APAor school-specific format. Check with your professor for any additionalinstructions.Include a cover page containing the title of theassignment, the students name, the professors name, the course title,and the date. The cover page and the reference page are not included inthe required assignment page length. The specific course learning outcomes associated with this assignment are: Evaluate the processes used in designing and producing goods and services.Determine four layout patterns and when they should be used.Utilize the concept of supply chain management.Employ the concept of capacity management.Evaluate the management of inventories and resources.Use technology and information resources to research issues in operations management.Write clearly and concisely about operations management using proper writing mechanics.
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