Your objective is to assess the Inventory management in the company
1. Introduce your business briefly – a paragraph or two
2. List down all different types of inventory– as discussed in the chapter ( (1) raw material inventory, (2) work-in-process inventory, (3) maintenance/repair/operating supply (MRO) inventory, and (4) finished-goods inventory). You will need to explain what type and why you believe it fits into the category
Remember – “how companies use their inventory” – how does yours use them?
3. Do a ABC Analysis of the types of inventory (from the listing in # 2) and explain why you believe the inventories fit into a particular category. You don’t need to do a quantitative analysis – as this will be difficult for you. However, you could use a spreadsheet (or a graphic) without the numbers
I expect 3-5 pages – add graphics/charts/tables to support your analysis
APA Citation Format