In assignment 1 you are expected to give a three to five-page paper doubled spaced on an imaginary business where you are the CEO and your business is losing customers due to inventory and manufacturing issues, thus loosing revenue. Please include a cover page and a reference page.

Using the knowledge from your first semester and what you have learned about materials management so far, how would you describe your challenges and what would you do to improve your business from over spending (reducing costs) and customer satisfaction perspective.

In this assignment please; Please use the following as a guide to writing your paper. The introduction and conclusion paragraphs are mandatory

• Write an Introduction paragraph, describing your imaginary business and the issues you are facing. (Feel free to be as creative as you would like)-
• Using your knowledge on Supply Chain explain what you consider to be the most important issues you are facing and how resolving those issues would avoid disruptions in production, the over running of costs and improving customer satisfaction.
• Explain how the "cost of constraints" can affect a firm and production
• Describe the steps your company might have taken to avoid the issues.
• Describe techniques the company might have used to avoid your issues.
• Justify capital spend as a way to resolve your company's issues.
• How could having planning avoid inventory issues?
• Write a concluding paragraph.

Marking Scheme

• The Introduction and Conclusion are both worth 5 Points each
• The remainder of your paper is worth 15 marks and will be marked on your understanding of the issues, how you could have avoided those issues, and what can be done to resolve those issues.
• Creativity and graphics will also be considered in your grade.