Assignment 2: Inventory Management
worth 300 points 1.
2.
3.
4.
5.
6.
7. Research two (2) manufacturing or two (2) service companies that manage inventory and complete this assignment.
Write a six to eight (6-­8) page 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 (4) 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 (2) 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.
Use at least three (3) 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. The specific course learning outcomes associated with this assignment are: Evaluate the processes used in designing and producing goods and services.
Determine four layout patterns and when they should be used.
Utilize the concept of supply chain management.
Employ the concept of capacity management.
Evaluate the management of inventories and resources.
Use technology and information resources to research issues in operations
management.
Write clearly and concisely about operations management using proper writing
mechanic Grading for this assignment will be based on answer quality, logic / organization of the paper, and
language and writing skills, using the following rubric. Points: 300 Assignment 2: Inventory Management Criteria
Unacceptable Meets
Minimum Fair Proficient Exemplary Expectations
Below 60% F 60-69% D 70-79% C 80-89% B 90-100% A Did not submit
or incompletely
determined the
types of
inventories
these
companies
currently
manage; Did
not submit or
incompletely
described their
essential
inventory
characteristics. Insufficiently
determined
the types of
inventories
these
companies
currently
manage;
Insufficiently
described
their essential
inventory
characteristics. Partially
determined
the types of
inventories
these
companies
currently
manage;
Partially
described
their essential
inventory
characteristics. Satisfactorily
determined
the types of
inventories
these
companies
currently
manage;
Satisfactorily
described
their essential
inventory
characteristics. Thoroughly
determined
the types of
inventories
these
companies
currently
manage;
Thoroughly
described
their essential
inventory
characteristics. 2. Analyze how
each of their
goods and
service design
concepts are
integrated.
Weight: 15% Did not submit
or incompletely
analyzed how
each of their
goods and
service design
concepts are
integrated. Insufficiently
analyzed how
each of their
goods and
service design
concepts are
integrated. Partially
analyzed how
each of their
goods and
service design
concepts are
integrated. Satisfactorily
analyzed how
each of their
goods and
service design
concepts are
integrated. Thoroughly
analyzed 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. Did not submit
or incompletely
evaluated the
role their
inventory plays
in the
company’s
performance,
operational
efficiency, and
customer
satisfaction. Insufficiently
evaluated the
role their
inventory
plays in the
company’s
performance,
operational
efficiency, and
customer
satisfaction. Partially
evaluated the
role their
inventory
plays in the
company’s
performance,
operational
efficiency, and
customer
satisfaction. Satisfactorily
evaluated the
role their
inventory
plays in the
company’s
performance,
operational
efficiency, and
customer
satisfaction. Thoroughly
evaluated the
role their
inventory
plays in the
company’s
performance,
operational
efficiency, and
customer
satisfaction. Did not submit
or incompletely
compared and
contrasted the
four (4) Insufficiently
compared and
contrasted the
four (4)
different types Partially
compared and
contrasted the
four (4)
different types Satisfactorily
compared and
contrasted the
four (4)
different types Thoroughly
compared and
contrasted the
four (4)
different types 1. Determine
the types of
inventories
these
companies
currently
manage and
describe their
essential
inventory
characteristics.
Weight: 10% Weight: 15%
4. Compare and
contrast the
four (4)
different types
of layouts found with each
company;
explain the
importance of
the layouts to
the company’s
manufacturing
or service
operations.
Weight: 15% 5. Determine at
least two (2)
metrics to
evaluate supply
chain
performance of
the companies;
suggest
improvements
to the design
and operations
of their supply
chains based on
those metrics.
Weight: 15% 6. Suggest ways
to improve the
inventory
management
for each of the
companies
without
affecting
operations and
the customer
benefit
package. different types
of layouts
found with
each company;
Did not submit
or incompletely
explained the
importance of
the layouts to
the company’s
manufacturing
or service
operations. of layouts
found with
each
company;
Insufficiently
explained the
importance of
the layouts to
the company’s
manufacturing
or service
operations. of layouts
found with
each
company;
Partially
explained the
importance of
the layouts to
the company’s
manufacturing
or service
operations. of layouts
found with
each
company;
Satisfactorily
explained the
importance of
the layouts to
the company’s
manufacturing
or service
operations. of layouts
found with
each
company;
Thoroughly
explained the
importance of
the layouts to
the company’s
manufacturing
or service
operations. Did not submit
or incompletely
determined at
least two (2)
metrics to
evaluate supply
chain
performance of
the companies;
Did not submit
or incompletely
suggested
improvements
to the design
and operations
of their supply
chains based on
those metrics. Insufficiently
determined at
least two (2)
metrics to
evaluate
supply chain
performance
of the
companies;
Insufficiently
suggested
improvements
to the design
and operations
of their supply
chains based
on those
metrics. Partially
determined at
least two (2)
metrics to
evaluate
supply chain
performance
of the
companies;
Partially
suggested
improvements
to the design
and operations
of their supply
chains based
on those
metrics. Satisfactorily
determined at
least two (2)
metrics to
evaluate
supply chain
performance
of the
companies;
Satisfactorily
suggested
improvements
to the design
and operations
of their supply
chains based
on those
metrics. Thoroughly
determined at
least two (2)
metrics to
evaluate
supply chain
performance
of the
companies;
Thoroughly
suggested
improvements
to the design
and operations
of their supply
chains based
on those
metrics. Did not submit
or incompletely
suggested ways
to improve the
inventory
management
for each of the
companies
without
affecting
operations and
the customer Insufficiently
suggested
ways to
improve the
inventory
management
for each of the
companies
without
affecting
operations and
the customer Partially
suggested
ways to
improve the
inventory
management
for each of the
companies
without
affecting
operations and
the customer Satisfactorily
suggested
ways to
improve the
inventory
management
for each of the
companies
without
affecting
operations and
the customer Thoroughly
suggested
ways to
improve the
inventory
management
for each of the
companies
without
affecting
operations and
the customer Provide a
rationale to
support the
suggestion.
Weight: 15% 7. 3 references
Weight: 5% 8. Clarity,
writing
mechanics, and
formatting
requirements
Weight: 10% benefit
package. Did
not submit or
incompletely
provided a
rationale to
support the
suggestion. benefit
package.
Insufficiently
provided a
rationale to
support the
suggestion. benefit
package.
Partially
provided a
rationale to
support the
suggestion. benefit
package.
Satisfactorily
provided a
rationale to
support the
suggestion. benefit
package.
Thoroughly
provided a
rationale to
support the
suggestion. No references
provided Does not meet
the required
number of
references; all
references
poor quality
choices. Does not meet
the required
number of
references;
some
references
poor quality
choices. Meets number
of required
references; all
references
high quality
choices. Exceeds
number of
required
references; all
references
high quality
choices. More than 8
errors present 7-8 errors
present 5-6 errors
present 3-4 errors
present 0-2 errors
present

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