Mena Amin
Supply chain operations
8/31/2021
Balance Sheet and income statements executive summary
The first account that I have reviewed was Dollar General. They had a total of $19.2 billion in 2020, and they have an inventory holding of $4.6 billion. When I did the formula for the turnover rate, it comes to a total of 4.12. Dollar General has been a big company and keeping everything close to the same during a pandemic has been a big part and a big job for every employee to do.
Secondly, the account I have reviewed was Best Buy which had an astonishing $33.6 Billion during the year 2020, which is a pandemic, and that explains when almost every student and worker were relying on an online platform to get the job done, and thats where the role of the technological boom happened. The Best Buy inventory after finding on yahoo finance for the year 2020 has come to be at $4.6 Billion, a carrying cost of $1.2 Billion, and finally a turnover rate of 6.49.
Finally, I had to pick a company for myself, and since I want to become an airline pilot one day and work for the Southwest Airline, I have decided on LUV for my third company to review. 2020 has been one of the most challenging years in the Airline industry, where some had to lay off thousands of pilots and many other ramp and customer service workers. COGS at $10.9 Billion, Inventory at $5.3 Million, Carrying costs at $132.2 Million, and finally, a very high turnover rate of 20.68. A supply operation manager has an essential role of tracking sales and inventory, and its a significant role of also tracking where all the money comes and goes from and asses parts that are vital to the company financial which if not being appropriately followed, it could cause terrible damage to the company as a whole.
PLACE THIS ORDER OR A SIMILAR ORDER WITH Nursing League TODAY AND GET AN AMAZING DISCOUNT
