Global Supply Chain Management and Strategic Sourcing Case Study Questions Question 1: Based on the risk factors associated with the Bugabyte and the Bugabyte Lite, which product do you think Grunwald and Vogel will recommend as the best candidate for assembly outsourcing? This case study is embedded on procurement management and global sourcing. This is supported by the move of Metrovox outsource various functions from suppliers in China where it purchases the components of both Bugabyte Lite and Bugabyte for its assembly plant in Germany. In an effort to maintain its market position and competitive advantage, Metrovox was compelled to improve its previous product-Bugabyte by developing video capability. The new development had great impact on production such that it was delayed thus delaying delivery of the product by 30 percent.
The most important thing was ensuring that the product names created reflected the type computer that the consumer wanted. For example, the Mercedes group wanted a fast and powerful computer, so PCGlobal decided to name the PC for this group Odyssey to show it was an epic machine to match the demands of the consumer. The consumer demands for the Mercedes group was that the PC be fast and powerful, engineering oriented, ability to link with other computers, looks good, and has service and support. For the Mercedes group, price was not an issue. PCGlobal decided that only a top of the line computer would do for this target group.
Globalization is the key to survival that allow to a company to be competitive and offer diverse services and convenience to consumers. Benchmarking analysis that compares competitive companies with their process and performance metrics to industry requires a comprehensive research. In a successful business, effective tactical development inevitability to manage finance is essential. Financial management is a comprehensive tool that monitors and willpower to improve a company’s success. When I was conducting the research for financial statements, there were many interesting.
• We work hard to achieve quality at affordable prices for our customers through optimizing our entire value chain, by building long-term supplier relationships, investing in highly automated production and producing large volumes. Our vision also goes beyond home furnishing. We want to create a better every day for all people impacted by our business. The company that was chosen to be researched is IKEA. IKEA is a well-known furniture retailer.
The two offerings to be brought to market were also given product names that would hopefully elicit some consideration by the market customer. The workhorse offering was named “Innova”, derived from “Innovation”. The Mercedes offering was named “Design Max”, referencing the power and engineering software that it contained. Looking at the sales office locations that were offered I chose to enter New York and Paris, since these two markets showed the highest demand for the two offerings that were chosen for TechSol to bring to market, the Workhorse and the Mercedes. These two markets were chosen so that Techsol could position a high volume small margin offering to the markets that would stabilize production due its substantial need.
The firm produces uniquely designed, high end quality cabinetry for the residential and commercial markets. Although their primary focus is on residential kitchens, baths, and audio/video storage, they are capable of supplying high end cabinetry to the commercial sector. A unique, competitive advantage of the company is that they are able to produce high end cabinetry products with computer controlled, automated processes that allows for a more efficient, lower cost operation relative to typical custom cabinetry firms that manufactured by manual processes. This firm fills a niche between the most expensive, fully custom cabinet manufacturers and the mass produced, “big box” store stock cabinets in terms of productivity and customization. Following the merger of the two companies in 1991, the expectation of increased sales and profitability, in addition to automation development, was met with several obstacles.
Executive summary To maintain prominent competence in heavy truck manufacturing industry, our company, PACCAR, needs to upgrade major lines to the most efficient and advanced technologies. There are two options to be considered: purchasing technologies from outside providers or developing the technologies by the company itself. As a financial analyst, I evaluate those two options by calculating and analyzing MIRR, NPV, IRR, payback period and PI for each alternative. My analysis indicates that developing the technologies in house is more optimal as it outperforms the other alternative on all measurements. And among all measurements, MIRR is the best one in this case.
He believed that safety required comprehensive understanding of manufacturing processes and that understanding would lead to better, more productive plants. By putting safety above profits and production, he began to successfully demonstrate the critical role of leadership in building a strong foundation for the continual growth of safety culture throughout the organization. For Alcoa, the key challenges in improving their safety performances over the years have been the establishment of behavioral mindsets that would embrace safety throughout their organizational layers. Overcoming decades of legacy behavior around the lack of emphasis and ownership to safety throughout the organization created continuous needs for new Health and Safety standards and procedures in order to address accountability. Many successful approaches to safety have evolved over the years at Alcoa; however, many of those resulted due to reactionary responses.
Running head: Corporate Compliance Plan for Riordan Manufacturing Corporate Compliance Plan for Riordan Manufacturing Kimberly A. Coplan University of Phoenix Corporate Compliance Plan for Riordan Manufacturing The mission of Riordan Manufacturing is to provide creative solutions at reasonable prices that meet the needs of the customers. The successful mission will build long-term customer relationships due to a hard-working team, quality control measurements, and industry research and development. In order to ensure potential profit for Riordan, the company must understand and implement basic business values, promote fairness, and build an honest reputation with its employees, customers, competitors, and
The company’s core philosophy of growth is to drive growth through innovation. | Kellogg has a strong focus on strengthening its brands through advertising and consumer promotion. | 5. SWOT analysis (Kellogg Company, 2012) Strengths | Weaknesses | “Strong brand portfolio aided by appropriate investments on brand building” | “Frequent product recalls could hamper brand image” | “Focus on product innovation helps to retain customers and improves the product mix” | “Geographic and customer concentrationcould impact sales during tough economicconditions” | Opportunities | Threats | “Acquisition of Pringles to offer platform forproduct and geographic expansion” | “Increasing private label penetration could impact the company’s volume sales during economic uncertainties” | “Emerging health consciousness would drivethe demand of the company's products” | “Intense competition and changing global retail scenario” | “Local focus to drive sales in developing and emerging markets” | “Declining world cereal production could tighten raw material supplies”