Evaluate role their inventory plays in companys performance

Assignment Help Operation Management
Reference no: EM131272669

OPERATIONS MANAGEMENT PAPER

Research two manufacturing or two American based 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 companies currently manage and describe their essential inventory characteristics.

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

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

4. 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.

5. 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.

6. 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.

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

Your assignment must follow these formatting requirements:

• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

• Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

Reference no: EM131272669

Questions Cloud

If by magic you can live in any historical period you would : Write a reflective essay on your preference: If by magic you can live in any historical period and any country discussed in the text, which time period and place you would like to live? Explain why with appropriate support.
How did leader illustrate selecte transformational attribute : How did your leader illustrate the selected transformational attribute? Do you think these attributes are critical for successful leadership? Why or why not?
Evaluate role their inventory plays in companys performance : 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.
Four different management functions : A strategic management plan addresses four different management functions: environmental scanning, strategy formulation, strategy implementation, evaluation and control.
Evaluate role their inventory plays in companys performance : 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.
Identify the different types of jurisdiction : Identify the different types of jurisdiction and explain why each is important.-  Explain the two situations that cause the state and federal courts to have concurrent jurisdiction.
Prepare a negative statement for below discription : Prepare a negative statement for below discription.
Identify and select the company you would like to research : Therefore, the sooner you identify and select the company you would like to research, the more likely it is that you will get the company of your first choice.
Two fair housing groups in california sued a web site : Explain how the legal philosophy one adheres to would make one more or less supportive of the court's ruling.- How did the court decide in this case?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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