Describe essential inventory characteristics


Assignment:

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

Write a six to eight (6 to 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 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. Note: Wikipedia and similar Websites do not qualify as quality resources.

 

Solution Preview :

Prepared by a verified Expert
Business Management: Describe essential inventory characteristics
Reference No:- TGS01820240

Now Priced at $50 (50% Discount)

Recommended (98%)

Rated (4.3/5)