You are an employee of grand wines ltd and project leader

Assignment Help Finance Basics
Reference no: EM13479135

You are an employee of Grand Wines Ltd and project leader of a proposed project to equip each of the company's 20 sales representatives with a wireless data entry device by which they could instantly communicate customer orders to the company's central sales database in Sydney. The sales representatives operate over all areas of NSW and service around 400 independent wine and liquor stores in the state.

Currently, the sales representatives complete customer orders manually and after leaving a copy with the customer, they forward the customer orders by mail or fax to the sales department in Sydney, where the orders are entered into the sales database and processed through the inventory system for shipment to the customer.

The problems with the current process are:

• At least one-day is lost in supplying customers with products because of the delays in getting orders into the system.

• Sales representatives do not know the latest inventory position of their products when they accept orders from the customer. Delays in delivery can result when orders are placed on "back-order" because of a lack of stock.

• Orders are often "lost" or entered into the sales database incorrectly through human error.

• The sales representatives and many customers are dissatisfied with the current situation. Competitive wine companies have improved their order systems and are outperforming Grand Wines Ltd in terms of delivery speed, order accuracy, availability of ordered stock and overall customer satisfaction.

Your CEO has stressed the importance of the project to the company and asked you to use your skills as a project manager to make sure the project is successful by following the relevant project management processes.

You have been assigned a project leader of this project. Your manager has given you guidance that the project needs to be completed within 6 months and that costs should be minimised wherever possible.

Reference no: EM13479135

Questions Cloud

You intend to purchase a 10-year 1000 face value bond that : 1 all of the following may serve to lower the risk and therefore reduce the coupon rate that would otherwise be
I need you to write 4 essays about 4 different guitarist of : i need you to write 4 essays about 4 different guitarist of your choice each essay should contain 1500 word essay as
Prepare pdcs sales schedule purchases schedule and wages : short-term financial planning for the pdc company was described earlier in this chapter. refer to the pdc companys
Be sure to write your responses in full and complete : short answer questionselect and respond to four of the following six short answer questions. be sure to write your
You are an employee of grand wines ltd and project leader : you are an employee of grand wines ltd and project leader of a proposed project to equip each of the companys 20 sales
As the country focuses on the restructure of the us health : as the country focuses on the restructure of the u.s. health care delivery system nurses will continue to play an
The standard deviation of einstein is 026 and the standard : the covariance of the returns between einstein stock and bohr stock is 0.0087. the standard deviation of einstein is
The ceo of the parent company agrees with numerous : the ceo of the parent company agrees with numerous practitioners who promote the use of nonfinancial measures as well
Find an example when an organisation took up too much risk : two questions postgraduate level1find an example when an organisation took up too much risk and was unable to cope with

Reviews

Write a Review

Finance Basics Questions & Answers

  Calculate the value of stock under constant growth model

Calculate the value of stock under constant growth model with required return and declining growth rate

  Determine the return on total assets

The financial leverage multiplier is an indicator of a corporation utilizing, In the DuPont system, the return on total assets is equal to,

  How many sales dollars has the firm generated

The Du Pont identity can be used to help managers answer which of the following questions related to a firm's operations?

  If mccracken expects both earnings and dividends to grow at

mccracken roofing inc. common stock paid a dividend of 1.20 per share last year. the company expects earnings and

  As a borrower which of the following two 30 year monthly

as a borrower which of the following two 30 year monthly payment loans could you select and why if you had a 10 year

  What would the number of complaints at the end

how many complaints would there be by category at the end of that time period? And c) What would the number of complaints at the end of 2 years represent on a percentage basis?

  Determine the financial ratios from the annual report

Follies Bookstore, the only bookstore close to campus, had a net income of $90,000 in 2009. Here are some of the financial ratios from the annual report

  The florine mining company has constructed a town at

the florine mining company has constructed a town at junilla near the site of a rich mineral discovery in a remote part

  What is the present value of the following uneven cash flow

directions answer the following questions on a separate document. explain how you reached the answer or show your work

  Importance of time value of money concepts

Describe and discuss the significance of the following time value of money concepts including compounding (future value), discounting (present value) and annuities.

  Determine the net profit or loss

Interest rates are 0.5% per month. Determine the net profit or loss if the index price at expiration is $830 (in 6 months).

  Calculate the net cash flow

Company X is planning to estimate the 1st year net cash flow for a proposed project. The financial staff has collected the following information on the project:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd