Although a fifth Kiwanee dumper was updated last year with the hope of resolving the problem, it was unable to fix them and the overtime costs of the process are still very high. 2. There is a long waiting time for trucks and drivers in queuing to unload process fruit into the receiving plant. Seriously, when the holding bins were full, the waiting time could be up to several hours. This has upset the growers since the wages of a truck and drives are up to $100 per hour.
However, back then numerous people didn’t comprehend just how much of an impact farmers had on their everyday lives. If you took farms away from the United States during this period of time, everything would have entirely crashed. Farmer’s had complications with making a living because the rates of being a farmer were so high, as it is stated in document B. The farmers were also being abused by the railroad companies and banks. Like it says in document F “Nothing has done more to injure the (western) region than these freight rates.” Out west the railroad companies took advantage of the people and often they would charge more than four times the Eastern rates.
In 2005, the plant’s overtime costs were high and the trucks spent too much time waiting to unload the process fruit onto the dumpers. The reason was that the plant could process less fruit than it received resulting in holding bins that were always full leading to long waiting time for the trucks. Also, because of the increase in water harvesting of the cranberries, new schedules for operations had to be drawn up. Another issue was the grade selection of the berries. Half the grade 3 berries were actually grade 2B resulting in revenue and time loss.
The national Cranberry Cooperative (NCC) is one of the larger organizations, formed and owned by growers of cranberries to process and markets their berries. Two major issues has been highlighted by its vice president, Hugo Schaeffer, to his assistant, Mel O’Brien, to address and suggest proper solutions related to process fruit operation. First issue was related to the high cost incurred as overtime costs paid to the worker in addition to the $200,000 spent on developing 5th Kiwanee dumper. The second issue is related to the increasing waiting time the driver of the trucks has to spend before being able to unload their shipment, which is incurring more cost as the truck is leased for $100 per hour. Receiving plant No.1 (RP1), receives both ‘fresh’ and ‘process’ fruit during a season.
The weakness of Kudler Fine Foods is that an IPO (Initial Public Offering) has many inherent and potential weaknesses that must be examined prior to selection as a means for expansion. An IPO is the first sale of stock by a company. There are many advantages and disadvantages for the Kudler Fine Foods to go public through the IPO. The advantages include generating more capital needed to expand their three locations The IPOs are very expensive undertaking, and a large portion of any capital acquired will be lost to this cost. Because the company must produce all financial information to the SEC many businesses find it to be very stressful and time consuming which takes time and money away from a company that is thriving like Kudler Fine Foods.
Bloomingdales is a higher end store that sells high quality products at a high price. They are currently losing many customers because the economy will not move out of the stagnation period. Right now the customers need to be saving their money in case they need it later to pay bills rather than spending it on clothing. Many consumers are starting to shop at stores like Macy’s or Kohl’s where they are offered almost the same quality products at lower prices. Some of Bloomingdales biggest competitors are Neiman Marcus, Saks Fifth Avenue, Bergdorf Goodman, Barneys New York, Lord & Taylor and Nordstrom.
Lisa Miller states in her article ”Divided We Eat”, “As the distance between rich and poor continues to grow, the freshest, most nutritious foods have become luxury goods that only some can afford.” (Miller 190). As a consequence, rich people only would have access to healthy food. In America, millions of people are in poverty; suffering from food shortage because prices of food have twice more than in other places making families struggle in order to get healthy
We are running out of vegetable supplies because of the high amount of people we have living in this community and these numbers are increasing each year. Due to the high number of consumers we have in this community the price of vegetables has increased by 35% in two years and so a lot of people cant afford to buy them. By growing a community garden we are solving these problems and using up the empty area's. People can share the vegetables which will force the industry to lower the price of fresh vegetables. Also by doing this there will be enough food for the whole community to eat and share.
In the late 1800s times were tough, living and working was brutal, due to the conditions and the lack of safety regulations, scarce supplies of food, over population due to the vast amounts of immigrants filled the cities, money was hard to come by, because monopolies were controlling the market place, influencing consumer pricing and purchasing the “haves” could get it, while the “have not’s” had to fight for it (Doc-4). The free market is the strength of this great nation, with
Porters five force model is “a framework for industry analysis and business strategy development.” (Porter, 2008, p68-104) The loss of the patent broke the barrier of entry into the market hence there was a high threat of new entrants. Buyer power was low because of the high premium price for a cup of Dippin Dots ice cream, the most common buyers were people who grew up on it. The threat of substitutes was high as there were many alternatives customers could opt for in the frozen food section. Competition in Dippin Dots industry was stiff, there were two large companies that dominated the industry, 500 small businesses and other family owned businesses that all produced ice cream. Question 2 A value chain is “a chain of activities for a firm operating in a specific industry.” ( Porter 1996, p61-78) Dipping Dots ice cream was produced from super freezing of chemicals and liquid cream by process called flash freezing