Inventory Management.docx Assignment : Inventory Management ( Please read carefully)Inventory Management.docx Due 11/24/14Research two (2) manufacturing ortwo (2) service companies that manage inventory and complete this assignment.Write a eight (8) pagepaper in which you:Determine the types of inventories these companiescurrently manage and describe their essential inventory characteristics.Analyze how each of their goods and service designconcepts are integrated. Evaluate the role their inventory plays in thecompany’s performance, operational efficiency, and customer satisfaction.Compare and contrast the four (4) different types oflayouts found with each company; explain the importance of the layouts tothe company’s manufacturing or service operations.Determine at least two (2) metrics to evaluate supplychain performance of the companies; suggest improvements to the design andoperations of their supply chains based on those metrics.Suggest ways to improve the inventory management foreach of the companies without affecting operations and the customerbenefit package. Provide a rationale to support the suggestion.Use at least three (3) quality resources in thisassignment. Note: Wikipedia and similar Websites do not qualify as qualityresources.Your assignment must follow theseformatting requirements:Be typed, double spaced, using Times New Roman font(size 12), with one-inch margins on all sides; citations and referencesmust follow APA or school-specific format. Check with your professor forany additional instructions.Include a cover page containing the title of theassignment, the student’s name, the professor’s name, the course title,and the date. The cover page and the reference page are not included inthe required assignment page length. The specific course learningoutcomes associated with this assignment are:Evaluate the processes used in designing and producinggoods and services.Determine four layout patterns and when they should beused. 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 researchissues in operations management. Write clearly and concisely about operations managementusing proper writing mechanics.