MGMT450 Unit 2 Individual Project
Description
Assignment Details
Review of Inventory Management Decision MakingT
The decisions that a supply chain manager must make to effectively and efficiently manage inventory in a supply chain operation. The supply chain manager must find the balance between responsiveness and efficiency.
Use this template to complete the assignment: Unit 2 template
Complete the following:
- Discuss the need to balance customer responsiveness and cost efficiency when managing inventory in a supply chain.
- Describe decisions that the supply chain manager must make to achieve balance when deciding how to manage the following:
- Cycle inventory
- Safety inventory
- Seasonal inventory
- Explain how the various decisions (provided on the IP template) made in how cycle, safety, and seasonal inventory are managed can influence the ability of the supply chain to be responsive and managed cost-effectively.
- Summarize critical points of inventory management decision making.
Deliverable Requirements: Your Review of Inventory Management Decision Making should be 5 pages in length. Be sure to cite your sources using APA properly; include your references and in-text citations.
Submitting your assignment in APA format means, at a minimum, you will need the following:
- Title page: Remember the running head. The title should be in all capitals.
- Length: 5 pages minimum
- Body: This begins on the page following the title page and must be double-spaced (be careful not to triple- or quadruple-space between paragraphs). The typeface should be 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics, except as required for APA-level headings and references. The deliverable length of the body of your paper for this assignment is 5 pages. In-body academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged.
- Reference page: References that align with your in-body academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hanging indent, italics, and uppercase and lowercase usage as appropriate for the type of resource used. Remember, the Reference page is not a bibliography but a further listing of the abbreviated in-body citations used in the paper. Every referenced item must have a corresponding in-body citation.
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