The first step for the Individual Projects for this course will be to select a scenario organization as the target for your Inventory Process Management Plan. This scenario organization will be used as the basis for each of the assignments throughout the course and should conform to the following guidelines:

Nontrivial: The selected organization should be large enough to allow reasonable exercise of the inventory process management principles in the course assignments.
Domain knowledge: You should be familiar enough with the organization to focus on the assignment tasks without significant time required for domain education.

Assignment

For the assignments in this course, you will be developing a comprehensive Inventory Process Management Plan document. Your first task in this process will be to select an organization to use as the basis of your plan. You will also create the shell document for the final project deliverable that you will be working on during each unit. As you proceed through each project week, you will add content to each section of the final document to gradually complete the final project delivery. Appropriate research should be conducted to support your work, and assumptions may be made when necessary.

Each week, you will complete a part of an Inventory Process Management Plan. You will select a company (real or fictitious) that utilizes an inventory management process. This will be the focus of your Key Assignment. This course is comprised of a series of Individual Project assignments that will contribute to a Key Assignment submission at the end of the course.

The project deliverables are as follows:

Inventory Process Management Plan

Use Word
Title page

Course number and name
Project name
Your name
Date

Table of Contents (TOC)

Use an autogenerated TOC.
This should be on a separate page.
This should be a maximum of 3 levels deep.
Be sure to update the fields of the TOC so that it is up-to-date before submitting your project.

Section Headings (create each heading on a new page with TBD as content, except for Week 1)

Week 1: Executive Summary
Week 1: Overview of Inventory Management Process
Week 2: Requisition and Ordering Methodology
Week 3: Facilities: Shipping and Receiving
Week 4: Managing Inventory
Week 4: Monitoring Supplier Ordering and Lead Times
Week 5: Quality Control of Inventory

New Content

Week 1: Executive Summary

Give a brief history of the organization.
Provide an executive summary of the chosen organization.
Explain how inventory is a competitive advantage.

Week 1: Overview of Inventory Management Process

Include both the inbound and outbound aspects.
Include suppliers, vendors, and customers.
Explain how they relate to and affect the process.

Name the document “LastName_FirstName_LOG666_IP1.doc.”