Reference no: EM133411927
Case: You have been working as an operations assistant at ABC Company, which assembles and sells coffee makers. Your target market is North America, and you distribute your finished products in 15 models (8 colours for each model) through five large retailers in Canada and the U.S. You buy over 125 parts in different colours from 28 suppliers in Canada, China, U.S., India, and Vietnam. Because of having too many models and colours, you spend a lot of time on machinery setup and buying numerous parts in small quantities. Sometimes you run out of parts, so you import them by airplane. Furthermore, a couple of models have recently had technical issues due to the low quality of a specific part that is purchased from a new supplier in China. Finally, your price is a bit high, and your company has decided to gain a higher market share by using a cost leadership strategy. The Chief Operations Officer (CCO) has asked you to prepare a presentation for the Board of Directors and propose some solutions for materials management activities to make your products and company more competitive. You should prepare a presentation of 10 slides that covers some Dos and don'ts of the following aspects of your materials management decisions. The strategies should align with your business strategy, which is cost leadership.
- Risk management
- Capacity planning and management
- Vendor selection strategies
- Transportation
- Inventory management
- Quality management
Read the case details and extract the facts that are mentioned.
PREPARE presentation that covers all 6 topics mentioned.
Write some Dos and don'ts that your company should consider about each topic based on case facts, research, and what you learned from the course.
Prepare the final version of your report as an MS PowerPoint document.
What do you think are the danger
: What do you think are the dangers, if any, of being a first mover?(Answer to this question is presented in two organized paragraphs and based on facts contained
|
What is meant by process capability
: What is meant by process capability? How can Murarka determine if the new processes met the target defect proportion? What are your thoughts on improving
|
What is ford demand risks in reference
: What is Ford Demand Risks in reference to risk identification, risk assessment and evaluation, selection of appropriate risk management, risk management
|
Differences between prejudice and discriminated concepts
: What the differences between prejudice and discriminated concepts.
|
Prepare the final version of your report
: Write some Dos and don'ts that your company should consider about each topic based on case facts, research, and what you learned from the course
|
Different major religions christianity-islam-buddhism
: Choose two different major religions Christianity, Islam, Buddhism,
|
How you would get the information you need
: How would you research this? Make a list of all the things you would need to find out and how you would get the information you need.
|
Explain how would you propose to make changes regarding
: As a CEO of Forever 21, explain how would you propose to make changes regarding the current issues, concerns and problems faced by Forever 21 ?
|
Explain how they have positive effects on supply chain
: Identify of these elements and explain which element would have the most effect on security within the operation, and why
|