Abstract
This paper a research proposal for a study is to evaluate methods of improving inventory shortage at 7-Eleven. The author believes that the most effective and cost efficient manner of improving inventory shortage at 7-Eleven is to revise the current training program. This paper presents the method for collecting and analyzing data through out the project.

Table of Contents
Introduction
Problem Statement
Purpose
Description of Community
Description of Work Setting
Research Team's Role
Study of the Problem
Problem Description
Problem Documentation
Literature Review
Causative Analysis
Expected Outcomes
Goals and Expectations
Expected Outcomes
Measurement of Outcomes
Analysis of Survey Results
Solution Strategy
Statement of Problem
Discussion
Selected Solutions
Project Timeline
Summary of Recommendations
Conclusions
Recommendations
Evaluation
Appendices Figures Tables

From the Paper
"Data will be recorded and analyzed during the implementation stages of this research project. The research team will analyze the data using statistical analysis. This analysis will determine what method is best in reducing inventory shortage at 7-Eleven. Modifications and changes will be made along the way as needed. The research team will record and log all data in a journal and make necessary changes. The team will also monitor the pilot stores and record what effect the revised training program is having on inventory loss. This data will be gathered, analyzed, and presented in graphs and charts to the Market Manager, and Division Vice President. The proof of this plans success will be in the reduction of not only inventory shortage, but also decreased labor dollars, and an overall reduction in turnover. This training program will be a great success."

Tags:implementation, problem, survey, strategy, team

Abstract
This paper explains that the four factors of production are land, labor, capital, and enterprise. The author points out that the Periodic Inventory System is a physical count inventory, usually made at the end of the accounting period, which does not maintain a detailed record of the actual inventory kept during the accounting period. The paper stresses that persons in charge of controlling the inventories in a business must follow certain steps and perform an accurate inventory control in order to avoid high costs due to overstocking matters.

Table of Contents
Introduction
Production Factors
What Is Inventory
Cost Associated with High Inventories
Inventory Systems
Periodic Inventory System
Perpetual Inventory System
Conclusion
Graph

From the Paper
"Inventory is the value of a firm's current assets that are shown on the balance sheet, generally at cost. Inventory or merchandise inventory is generally applied to goods or materials available on hand that are held by a merchandising firm, either wholesale or retail. It includes raw materials, work in progress, and finished goods that are ready for sale, but has not been sold yet."

Tags:period, perpetual, costs, production, count

Abstract
Specialization, standardization, and centralization characterize the present industrial paradigm. These situations also exist alongside other changes such as downsizing, organizational restructuring and budget cuts. Despite the upheaval and uncertainty that these situations bring, they force an organization to sit back and reevaluate the significance of the ramifications of the culture, customs and regulations, i.e., it forces the company to change. The paper shows that with markets getting smaller and more interlinked, many companies choose to acquire companies that they feel will help them expand and/or help gain capital for future expansion. This strategy ensures that these companies have a larger market bargaining power and clientele for their products. The paper shows, however, that many of these organizations are fighting a losing battle with their inventory, work in progress and raw material supplies. The paper also looks at the future of inventory management.

From the Paper
"Plant operations get more complicated by issues such as manufacturing and operational lead times, replenishment cycles, unexpected surges in demand of a product, safety stock requirements for critical part, review frequency and the failure of establishing realistic target service levels. James D. Tarr, in the article "Seven Ways To Reduce Your Inventory," discusses some general operating practices that can be followed by all managers and companies to help keep inventory cost down (Tarr, 2001). He advocates that accurate data information is required and screening out erratic and unreliable vendors is also important for implementing a good inventory program. An important reality check should also be made with regards to realistic sales rather that on the inflated projections made by the sales department."

Tags:distributor, manufacturer, mass, production, JIT

Abstract
The Japanese system of inventory control has been variously called the "Toyota system," the "just-in-time system," and the "Kanban system" (Johnson, 1993, 52). Just-in-time means, quite literally, that an assembler on a line receives his consignment of parts "just in time" to use them (Bacharach, Bamberger, & Mundell, 1995, 11). The system is based on an ideal situation in which a part arrives just in time to be used, even though that optimal level of usage is never actually reached. As such, the system operates on the strength of very small lot quantities of replacement parts.

From the Paper
"THE IMPACT OF JIT INVENTORY CONTROL ON ACCOUNTING

Introduction
The Japanese system of inventory control has been variously called the "Toyota system," the "just-in-time system," and the "Kanban system" (Johnson, 1993, 52). Just-in-time means, quite literally, that an assembler on a line receives his consignment of parts "just in time" to use them (Bacharach, Bamberger, & Mundell, 1995, 11). The system is based on an ideal situation in which a part arrives just in time to be used, even though that optimal level of usage is never actually reached. As such, the system operates on the strength of very small lot quantities of replacement parts.

On a typical assembly line, any particular worker might..."

Abstract
This paper examines 7-Eleven's corporate strategy, its international strategy and the prospects of doing business in Germany or Chile. It concludes that both markets offer attractive opportunities with Germany in particular a strong market opportunity.

From the Paper
"Fast food and convenience stores are two aspects of American life that have become nearly iconic around the world as representative of America's fast-paced lifestyle. Families no ..."

Tags:7 Eleven, Germany, Chile, business plan, international marketing

Abstract
Business is constantly changing, and personnel planning and the selection process directly affect trends in globalization, technology, and diversity. In order to be successful, companies must develop plans for recruiting and retaining personnel in the convenience store industry. This paper provides an article review of "Eye on the Asian Market", Bill Stephens, and discusses personnel planning, selection tools, and their effectiveness within 7-Eleven.

From the Paper
"Globalization, technology, and diversity trends are just one of the many challenges that 7-Eleven H.R. faces. Although these areas are a challenge, H.R. has been extremely successful managing these areas. In the past, 7-Eleven staffed its operation by running ads in the local paper or using an employment agency. This has changed significantly. The effectiveness of 7-Eleven's automated screening process has enabled applicants to apply within minutes, rather than calling a phone number out of an ad and waiting for an interview to be scheduled."

Tags:recruiting, H.R., workforce

Abstract
This paper discusses Seven-Eleven Japan's knowledge management business model and supply chain management software systems. In the mid-1980's, the Corporation invested in advanced information technology software applications that resulted in the company implementing its new point-of-sale (POS) and electronic point of sale (EOS) systems. The paper argues that Seven-Eleven Japan is quite successful and attributes this success to its innovative e-strategies.

From the Paper
"In the 21st century, the information technology movement has taken the way the world does business to an entirely new level where people are able to communicate with one another virtually. As a result, e-business has taken the world by storm by connecting businesses and consumers online (i.e. b2b and b2c). Long gone are the days of greeting customers face to face and ordering products and supplies by phone and fax."

Tags:seven, eleven, pos, management

Abstract
The paper outlines the theories of Sigmund Freud, Erik Erikson, Jean Piaget and Vygotsky on the period of childhood development between the ages of seven and eleven years. However, the paper reveals that these theories have been critiqued as being excessively individualistic, and placing too much emphasis on the development of the individual rather than the individual in the context of the family. The paper discusses how in non-Western cultures, development and experience is collectively rather than individualistically-oriented, and therefore not all cultures may place the same emphasis on autonomy or even learning certain concepts like conservation of matter.

From the Paper
"According to Sigmund Freud, the period of childhood development between ages seven and eleven was that of the latency period, a period when there was a brief respite from the sexual conflicts of early childhood and infancy. Learning and development in same-sex friendships and school dominated the period. However, the theorist Erik Erikson complicated Freud's typology with the suggestion that other conflicts are attached to the latency period, periods which he said were characterized by a conflict between the need to develop a capacity for industry while avoiding an excessive sense of inferiority. Children must channel their creative imagination into mainstreamed educational processes, and learn to play by the rules, according to Erickson, and the latent suppression of sexual impulses is only part of the conflicts the child may experience."

Tags:latency, period, industry, inferiority, rules, guidelines, autonomy

Abstract
The paper examines the tools available to management as they relate to minimizing lost sales while also minimizing inventory costs, including carrying costs, order costs and set up costs.

From the Paper
"In the supplement on Capacity Planning, some of the important concepts explained and described included design capacity, fixed and variable costs, how to compute the break even point, the concept of the net present value and expected yields, discount rates, seasonal demand, fluctuations, capacity lags, economies of scale and the time value of money. It is surprising how simple but effective break even analysis can be for a company. It answers this question: How many units need to be sold to produce a profit of zero..."

Tags:Inventory management, variable cost, discuss, some a variable costs, raw materials inventory, finished goods inventory, work in process, probabilistic inventory control models

Abstract
This paper discusses the just-in-time (JIT) philosophy and how it relates to quality control. It describes how during the recent years, the JIT philosophy has been elevated to the level of a panacea for all manufacturing management problems and appears to have also found applications in many other areas. The paper discusses some of these applications.

From the Paper
"Applications of JIT purchasing systems are growing in the United States, and are being used not only as a part of standard JIT systems, but also as independent purchasing systems (Yip). These systems include delivery of required items at the right time in the right quantities, elimination of waste in the production process, and inventory control of materials and parts (Yip).
Implementation of JIT purchasing is a multi-phased process that uses both JIT purchasing characteristics and JIT inventory management principles (Yip).
The implementation strategy should involve top management commitment to establish JIT purchasing as a top priority, and should be changed to subordinate everything toward the goals of this system (Yip). Once the role of the JIT purchases is established, suppliers that can support a JIT operation must be selected, and once that is accomplished, JIT purchasing requires a continuous effort for improving the relationship between the purchaser and supplier (Yip)."

Tags:industry, purchasing, shipping