Inventory Management

Intel operates in an industry, which is comprised of products involving high research and development costs, continuous product improvement and new innovations. The companies in the industry are having high economies of scale and are knowledge based. It helps both the service and manufacturing sectors in the growth process. Intel is positioned as a leading company with its ability to adapt to technological changes and its strong relations with other businesses who are major buyers of integrated circuits. The industry in which it operates is very competitive and comes with high risks as

Evaluate the role their inventory plays in the company’s performance, operational efficiency, and customer satisfaction.

This case traces the strategic decisions of Intel Corporation which defined its evolution from being a start-up developer of semiconductor memory chips in 1968 to being the industry leader of microprocessors in 1997 when it ranked amongst the top five American companies and had stock market valuation of USD 113 billion.

This report discusses the case study ‘Intel Research: Exploring the Future [1], published in 2005 by the Harvard Business School. The discussion is divided into three different sections: overview, analysis and conclusion.

Known as Intel Corporation (Intel) is an American multinational technology company headquartered in Santa Clara, California. Intel's revenue base is one of the world's largest and most valuable semiconductor chip makers. Intel chipsets also the motherboard, network interface controllers and integrated circuits, flash memory, graphic chips, embedded processors and other devices related to communications and computing it. Semiconductor pioneers Robert Noyce and Gordon Moore established it on July 18, 1968, and widely associated with the executive leadership and vision of Andrew Grove, Intel's advanced chip design capability with a leading-edge manufacturing combines capacity.

Intel is in the process of expanding its business and is ready to start up an assembly and test factory in Costa Rica. Similar factories have been built in Malaysia and the Philippines and have proven to be very successful. The employees and management are excited to start

Intel’s founders believed that innovation without discipline leads to disaster. This means having the patience to cultivate, check and double check an idea to make certain it can be executed and delivered. With this patience one must take it upon themselves to figure out what will and will not work. There is no way to predict the future,

So as we can see Company cares much about safety and high quality of products, because the owners of the business know well that high quality can influence customer satisfaction and lead to stable and efficient processes.

Merriam Webster defines quality as a degree of excellence, or a distinguishing attribute. Managers strive for excellence in the workplace to improve customer satisfaction, increase the output in manufacturing while minimizing defects, as well as making the company more profitable. There are several different management systems or methodologies available for businesses to use, but the Balanced Scorecard and the Malcolm Baldrige Performance Excellence Program is the most common and widely used in the United States.

A study of inventory management at SARK CABLES LTD is undertaken inorder to know the inventory performance and position of the company and to know the strength and weakness and to assess the profitability of the company. Inventories constitute most significant part of assets of large majority of the companies in India. Inventory a double edged sword is usually an asset of an organization, if not used properly it will become liability. It is therefore absolutely important to manage inventories efficiently and effectively in order to overcome unnecessary investment.

Dalian in China is the most attractive site for Intel to locate Assembly and Test plant in terms of its low-costed workforce and high labor productivity with skilled workers, reliable and qualified power infrastructure, as well as a relatively open environment and the increasingly mature law and regulation.

A driving force behind the Code is the strong commitment to quality and reliability for their products. This is

The company is a firm believer of quality in every step and maintains it in every facet of the organization. A quality management system has been designed and implemented by the company to ensure a consistent level of standards at all times. It also works continuously on technological and process innovations in order to improve them.

Intel Corporation is an American multinational technology company, which is headquartered in Santa Clara, California, America. It is one of the world 's largest semiconductor chip manufacturers, and ranked number 56 on the 2015 rankings of the world’s most valuable brands. Intel was founded in 1968 by Robert Noyce and Gordon Moore. Intel got its name as a compound of the words integrated and electronics.

Intel uses total quality management (TQM) to enhance the quality of its products, particularly its microprocessors. TQM is a “customer oriented philosophy which is centered on quality to result in customer delight” (Mystica, Bai 10). The overall goal of TQM is to focus on the following three pillars: continuous improvement, involvement of everyone, and achievement of customer satisfaction. The third pillar, achievement of customer satisfaction, has allowed Intel to fully implement TQM. It has helped to improve the communities around it “by transferring its knowledge of the total quality concept to local schools and helping them to apply those principles” (Anfuso). Because of Intel’s quality management