PART C: 7% - Inventory Management Analysis Prepare an 800-1200 word discussion. Use Times New Roman 12 point font, 1.5 o
Posted: Sun Jun 05, 2022 9:14 pm
PART C: 7% - Inventory Management Analysis Prepare an 800-1200
word discussion. Use Times New Roman 12 point font, 1.5 or double
spaced, 1” margins. Separate your discussion into
paragraphs/sections, using appropriate subheadings. You will need
to utilize academic research for this discussion (i.e. Google
Scholar, library databases). You are expected to use industry
papers, company websites/materials, journals, scholarly
periodicals, etc. to provide a high level analysis, supported with
appropriate examples, data, etc. ALL/Any external research must
properly cited and referenced, using a recognized citation style,
such as APA, MLA, etc. Failure to provide sufficient in-text
citations will result in proportionate deductions.
Part C Tasks/Discussion: 1. Research 2 publically traded
Canadian companies and compare/contrast their inventory management
systems (what systems/processes do they use, how do they differ/how
are they similar, etc.). Consider looking at software, systems,
people management, mitigating/proactive/reactive strategies, etc.
Let your research guide your focus. 2. What would you consider
“effective” inventory management? Why is it important to
businesses? What challenges and trends currently exist in inventory
management? This can be in relation to IM in general, or about the
role of operations/inventory managers. Solutions? How can IM be
improved? 3. Relate IM to 2 other major areas of a/the firm – how
are these relationships managed/how should they be?
word discussion. Use Times New Roman 12 point font, 1.5 or double
spaced, 1” margins. Separate your discussion into
paragraphs/sections, using appropriate subheadings. You will need
to utilize academic research for this discussion (i.e. Google
Scholar, library databases). You are expected to use industry
papers, company websites/materials, journals, scholarly
periodicals, etc. to provide a high level analysis, supported with
appropriate examples, data, etc. ALL/Any external research must
properly cited and referenced, using a recognized citation style,
such as APA, MLA, etc. Failure to provide sufficient in-text
citations will result in proportionate deductions.
Part C Tasks/Discussion: 1. Research 2 publically traded
Canadian companies and compare/contrast their inventory management
systems (what systems/processes do they use, how do they differ/how
are they similar, etc.). Consider looking at software, systems,
people management, mitigating/proactive/reactive strategies, etc.
Let your research guide your focus. 2. What would you consider
“effective” inventory management? Why is it important to
businesses? What challenges and trends currently exist in inventory
management? This can be in relation to IM in general, or about the
role of operations/inventory managers. Solutions? How can IM be
improved? 3. Relate IM to 2 other major areas of a/the firm – how
are these relationships managed/how should they be?