Homework: Inventory Management
Research two manufacturing or two service companies that manage inventory and write a 5 to 7 pages 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.
Format your homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.