Create a corporate policy designed to minimize inventory

Assignment Help Operation Management
Reference no: EM13742295

1. Create a corporate policy designed to minimize inventory shrinkage related to theft, stocking errors, shipping errors, etc., indicating how the policy will be enforced and procedures that may need to be implemented.

2. Inventory control requires constant attention. Propose a set of guidelines that reflect the necessary monitoring controls for three distinct types of business (e.g., a shoe retailer, a physician's office, and a food vending truck) to minimize loss and waste. Indicate how each control will minimize risk of inventory loss.

3. Create a corporate policy designed to minimize inventory shrinkage related to theft, stocking errors, shipping errors, etc., indicating how the policy will be enforced and procedures that may need to be implemented.

4. Inventory control requires constant attention. Propose a set of guidelines that reflect the necessary monitoring controls for three distinct types of business (e.g., a shoe retailer, a physician's office, and a food vending truck) to minimize loss and waste. Indicate how each control will minimize risk of inventory loss.

5. Evaluate the circumstances that contributed to the privacy violation, the consequence to the company to the breach, and management's response to the breach, indicating the appropriateness of the response. Suggest how the company may have presented the breach and / or responded differently once the breach was discovered. Provide support for your rationale.

6. Assess the ethical considerations for information privacy, indicating how these considerations should be addressed with a corporate policy. Provide support for your rationale.

Reference no: EM13742295

Questions Cloud

Write a paer on genetically modified organisms : Select one of the topics listed below: 1. Genetically modified organisms (GMOs). 2. Stem cells. 3. Fracking (hydraulic fracturing) and tar sands (oil sands)
Explain the differences between management and leadership : Explain the differences between management and leadership, and how cultivating leadership skills in managers can benefit the organization.
What is maoism and what is the mass line : What is Maoism and what is the Mass Line?What role did they play in the Second Sino-Japanese War, the Civil War, the 1950s' Mass Political Campaigns, the Great Leap Forward, and the Cultural Revolution?
Explain how cdks regulate cell division : Explain how CDKs regulate cell division, Explain the role of transposable elements in eukaryotes. Using the following DNA template strand sequence, answer the What is the mRNA sequence
Create a corporate policy designed to minimize inventory : Create a corporate policy designed to minimize inventory shrinkage related to theft, stocking errors, shipping errors, etc., indicating how the policy will be enforced and procedures that may need to be implemented.
Investigate and evaluate the current leadership strategy : Research into a company that you have chosen to analyse, outline, investigate and evaluate the current leadership strategy that the company is using to achieve its key strategic goals.
Controlling and managing information : Examine three (3) tools, methods, or techniques that your organization or a company with which you are familiar uses to manage and share communications.
Analyze the trade-off between overtime costs and inventory : Analyze the trade-off between overtime costs and inventory costs. Space Age Furniture Company
Manufacturing operations and planning : Discuss one to two (1-2) benefits of the planning stage for managers. Next, describe your planning process at work or school. Your response should include how you know when you need to develop a plan

Reviews

Write a Review

Operation Management Questions & Answers

  A company is operating in two unrelated businesses

A company is operating in two unrelated businesses. The first one is making common salt, which is sold in one-kilogram consumer packs. The second business is making readymade garments

  Case study on cohesion case

Case Study on Cohesion Case, Read the Cohesion Case. Create a five-to seven-page PowerPoint presentation in which you

  How many tires should rocky mountains tire order each time

How many tires should Rocky Mountains tire order each time it time it places an order?

  Compile list of major system life cycle activities

Compile a list of major system life-cycle activities. For each activity on the list, try to find the related supply chain activities. Present your finding in a table with the system life-cycle stage in the first colum.

  Determine the annual ordering cost annual holding cost

1. An auto parts supplier sells Flow-Thru oil filters to car dealers and auto mechanics. The annual demand is approximately 1,200 filters. The supplier pays $4.25 for each filter and estimates that the annual holding cost per filter is 30 perce..

  Under what conditions are polygraph tests still allowable

The Polygraph Protection Act of 1988 prevents the use of polygraph tests under most circumstances. Under what conditions are polygraph tests still allowable? What are the employee's rights?

  Disadvantages of implementing erp in a merger

What are the advantages and disadvantages of implementing ERP in a merger or acquisition

  What is a process

What is a "process"? Explain from beginning to end the supplier - customer relationship both internally and externally of the organization and why it is important to understand the existence of this relation in producing the final product/service ..

  Illustrate what are some of the problems aecs facing

Illustrate what are some of the problems AECS facing. Are they inherent in its model or they could be rectified while keeping the model intact.

  What type of statistical process control charts

What type of Statistical process Control Charts is appropriate in this case? What is the expected value of the variable of interest in this situation?

  The mean salary difference between the genders

Using our sample data, construct a 95% confidence interval for the mean salary difference between the genders in the population. How does this compare to the findings in week 2,

  Write a report for the outlining the business operation

Write a well presented report for the above outlining the business operation and provide an alternative to the above suggestion (of ATM-like machines) to improve delivery options.

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