Essays Tagged: "inventory management"

Tim Horton's Case Analysis For Operation Management

growing base of 160 locations in key markets within the United States. Our project is focus on the Inventory management of Tim Horton's which located in Bay Shore, 2970 Carling Ave. Inventory Managem ... hore, 2970 Carling Ave. Inventory Management is the practice of planning, directing and controlling inventory so that it contributes to the business' profitability. Inventory management can help busin ...

(8 pages) 322 1 4.0 May/2004

Subjects: Businesss Research Papers

Anticipatory Logistics on Supply Chain Management

s an area that embraces purchasing and supplier management, materials management and manufacturing, inventory management and warehousing, distribution and transport, and customer service. With all thi ... plete, accurate, on time, and in the manner they require. The purpose of SCM is to drive out excess inventory and unnecessary costs. The SCM must work at all levels, strategically and tactically to be ...

(4 pages) 263 0 4.3 Jul/2004

Subjects: Businesss Research Papers

When it comes to inventory control how will putting its factory floor on-line benefit an organization?

ff from e-manufacturing.In today's business world, enterprises strive to be lean by maintaining low inventory to avoid unnecessary costs in inventory management and storage.When it comes to inventory ... Maintaining a constant awareness of real-time data of the supply chain will help the factory floor inventory managers to maintain the proper level of inventory thus minimizing inventory related costs ...

(5 pages) 126 0 5.0 Feb/2005

Subjects: Businesss Research Papers > Management

Vendor Managed Inventory versus Consignment Inventory.

Inventory management has two very different, but effective methods: Vendor managed inventory, and co ... y, and consignment inventory. A company may choose to utilize either of these two methods to manage inventory. If a company is able to manage inventory, they will be better able to work the company's ... o as well as identify what type of company is best suited for each method.Definition.Vendor managed inventory (VMI) is a means of optimizing supply chain performance in which the manufacturer is respo ...

(8 pages) 88 0 3.0 Oct/2005

Subjects: Businesss Research Papers > Management

Supply Chain Differs on a B2C Site vs. B2B Site.

ut also sourcing and procurement, manufacturing, materials handling, forecasting, order processing, inventory management, and customer service" (, 2005).The broad goal of supply chain man ... together, companies in a supply chain should be able to decrease costs of transportation, ordering, inventory, and storage and handling across the entire supply chain while improving the quality of se ...

(4 pages) 430 0 3.0 Dec/2005

Subjects: Businesss Research Papers

Inventory Analysis: Home Depot, Nordstrom and Cold Water Creek.

esponsible for over $80 billion in annual sales. Retail industry analysts look for commonalities in inventory management reporting in order to track company's ability to move inventory and maximize pr ... ability to move inventory and maximize pricing strategies and avoid having to discount obsolescent inventory thus affecting profit. Through analysis of a company's inventory management ratio, outside ...

(9 pages) 170 0 3.7 Jan/2006

Subjects: Businesss Research Papers > Accounting

Reflection Paper

ions completed for this course: Process Control and Problem Solving, Managing a Process Layout, and Inventory Management. In addition, the concepts and analytic tools used in the development of an Ope ... te reorganizing to accommodate increase capacity of the current plant or an additional product line.Inventory management is the skillful task of balancing trade offs between cost and service. Benefits ...

(7 pages) 376 0 4.3 Apr/2006

Subjects: Businesss Research Papers > Management

Riordan Manufacturing Business-To-Business Database System

cess. Preliminary design estimates indicate that the application will include functions for current inventory management, automated and manual ordering, and order status tracking. The users of the dat ... ject is completed, the application will provide the users with a real-time picture of the company's inventory and orders as well as orders which are being shipped. This database will greatly enhance t ...

(22 pages) 994 0 2.6 Jul/2006

Subjects: Businesss Research Papers > Case Studies

Ben & Jerry's Case Analysis

en a result of several reasons, such as high administration and selling costs, a negative impact of inventory management, and start up costs associated with certain flavours of the new "Smooth, No Chu ...

(10 pages) 286 0 0.0 Aug/2006

Subjects: Businesss Research Papers > Case Studies

Business Requirements for Creating Sunny Hats business

ere are the following requirements needed for the business.First, we will need to have a system for inventory management. By doing this, will we be able to keep track of our merchandise. How will we g ... own identity. Consequently, we will need a cash register that can store such information about the inventory. When ringing up the item, we will not enter the price of the hat but rather the item numb ...

(6 pages) 23 0 1.0 Aug/2006

Subjects: Businesss Research Papers

Shell chemical company and Simon

would keep them in the market by redesigning their supply chain of process manufacturing to better inventory. These database was called Simon (Supplier Inventory Management Order Network) developed b ... d has been a value added service for customers and suppliers.Simon helps suppliers to better manage inventory statistics for their customers by generating demand forecast, re-supply plan for its custo ...

(2 pages) 26 0 5.0 Sep/2006

Subjects: Businesss Research Papers > Case Studies

Working Capital Management

t float, positive uses for idle cash including holding versus investing, and credit policies.Proper inventory management can make or break a company. For many businesses, the inventory is a major inve ... or many businesses, the inventory is a major investment. There are several different ways to manage inventory, including the ABC approach, the economic order quantity model, and derived-demand. Since ...

(1 pages) 206 0 4.5 Oct/2006

Subjects: Businesss Research Papers > Accounting

DoubleClick Case

dvertising software that offers some benefits to companies. One of these benefits is that it offers inventory management, reporting and other features that make it possible for companies to increase r ...

(2 pages) 61 0 0.0 Nov/2006

Subjects: Businesss Research Papers > Case Studies > E-commerce

How does Wal-Mart Keep their competitive advantage and sustain their position in discount retailing?

stores within the proximity of their distribution centers, Wal-Mart is able to keep their in-house inventory at a minimal. Their distribution network is based on the hub-and spoke concept, which plac ... stores and distribution centers given them a competitive advantage, their strategic operations and inventory management has played a vital role in their success. Wal-Mart's in-store inventory is kept ...

(4 pages) 190 0 3.4 Oct/2007

Subjects: Businesss Research Papers > Case Studies

Discuss the Economic Order Quantity model (EOQ) and the Just-In-Time model (JIT), and identify the effectiveness of the two models.

s such as the Economic Order Quantity model (EOQ) and Just-In-Time model (JIT). Efficiency gains in inventory management can bring significant improvement to overall company financial performance. In ... each company should choose own different stock control model with its own conditions and efficient inventory management can lead to better planning and business control.Table of ContentspageExecutive ...

(19 pages) 91 0 3.7 Oct/2007

Subjects: Businesss Research Papers

Kuiper Leda Supply Chain Defense

e concerns can make or break the business deal if Kuiper Leda does not take the concerns seriously."Inventory management involves planning and controlling inventory from the raw material stage to the ... businesses need adequate supplies, but they also need to be able to handle excesses or shortage of inventory," (University of Phoenix, 2004). Kuiper Leda, as with all manufacturing businesses, needed ...

(9 pages) 380 0 5.0 Apr/2008

Subjects: Businesss Research Papers > Management

Tiffany's Equity financing

everage buyout (LBO), the company experienced severe problems regarding its accounts receivable and inventory management controls systems. Inventory was both difficult to store and locate because of a ...

(7 pages) 82 0 3.0 Apr/2008

Subjects: Businesss Research Papers > Case Studies

"The Supply Chain, B2C vs. a B2B"

owing is an example of supply chain cycle for an online store:Customer - orderingOrder processing - inventoryWarehouse - inventory management and order picking and packingDistribution - returns and re ...

(3 pages) 44 0 3.0 Jun/2008

Subjects: Businesss Research Papers > Management

Integrated Accounting Final Report Rebecca Straight

and needs to be replaced.In regard to cost of goods, the company has a common set of procedures for inventory management. Each process is explained thoroughly to insure everyone involved understands. ... revenue specifically, cost of goods sold, the forms that should be managed are purchase orders and inventory control sheets.As a way to make the accounting process easier for all involved, Riordan Ma ...

(7 pages) 88 0 0.0 Aug/2008

Subjects: Businesss Research Papers > Accounting

Riordan Inventory Management Proposal

locations. Looking at their overall efficiency Riordan has discovered the need to streamline their inventory management departments. Riordan has set aside a budget of 1.5 million U.S. dollars to addr ... e a budget of 1.5 million U.S. dollars to address the following challenges: (1) to centralize their inventory control systems.(2) Upgrade their current system to gain outside software support. (3) Red ...

(9 pages) 129 0 4.0 Sep/2008

Subjects: Businesss Research Papers > Management