Inventory management
Paper instructions:
Research 2 manufacturing or service companies and determine the types of inventories they 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 4 different types of layouts found with each company.
Determine at least 2 metrics to evaluate supply chain performance and suggest improvements to the design and operations of their supply chains.
Suggest ways to improve the inventory management for both companies
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