Reference no: EM131610744

Inventory Management Assignment

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

Write a six to eight page paper in which you:

1. Determine the types of inventories these companiescurrently manage and describe their essential inventory characteristics.

2. Analyze how each of their goods and service designconcepts are integrated.

3. Evaluate the role their inventory plays in the company'sperformance, operational efficiency, and customer satisfaction.

4. Compare and contrast the four different types oflayouts found with each company; explain the importance of the layouts to the company's manufacturing orservice operations.

5. Determine at least two metrics to evaluate supplychain performance of the companies; suggest improvements to the design and operations of theirsupply chains based on those metrics.

6. Suggest ways to improve the inventory management for eachof the companies without affecting operations and the customer benefit package. Provide arationale to support the suggestion.

7. Use at least three quality resources in thisassignment. Note: Wikipedia and similar Websites do not qualify as quality resources.