Challenges
Inaccurate forecasts of retailer demand has become a major issue at Obermeyer. The two major factors that made this task more difficult was the increase in product variety and intense competition in market. Second challenge the company had faced was to allocate production between Hong Kong and China. Although Obermeyer had 1/3 of Parka production in China for 1992, this year the organization insisted on increasing the sales to half. There was difference in quality and labor rate at China and Hong Kong which made allocation decision more difficult.
Another challenge the company faced was the larger lead time. The company had supplies of raw materials from various countries which resulted in delayed production time. Organization challenges along with competition from competitor companies were major challenges the company had faced.
Analysis
From the sales predictions that the six managers forecasted, a coefficient of variation (COV) was determined, which indicated the level of spread of the forecasted data. The COV values were broadly divided into two levels, the low risk group and the high risk group. Every value below 0.2 were considered to be among the lower risk items and all the items above COV value of 0.2 were considered to be of higher risks. Once the risk levels of each item were determined, the quantities of items to be produced in first and second production cycles could be calculated with least risk. 70% of the entire sales forecast for the lower risk items were ordered to be produced. Only 30% of higher risk items were ordered to be produced in the first production cycle. The quantities which amounted to 1200 were manufactured in China and that which were close to 600, were manufactured in Hong Kong in the first production cycle.
Once the 80% of the orders were received from the retailers from the Vegas show, a clear picture of the demand forecast could be obtained, according to which the rest of the items could be manufactured either in China or Hong Kong. Referring to exhibit 1, the four products to be produced in China in the first production cycle are: Assault, Seduced, Entice and Electra. These four products have COV less than 0.2. However Gail, Daphne, ISIS, Anita, Teri, Stephanie are produced in Hong Kong for the first production cycle as they have a high level of risk associated with it.
Conclusion
Short term operational changes
o Decrease lead time by obtaining raw materials from geographically closer locations to ensure timely delivery
Long term operational changes
o Cross scaling Chinese labors which would help the company produce quality and reliable goods at a cheaper price
Apple INC.: Managing a Global Supply ChainAyesha Majid
As part of her analysis of Apple’s stock, she wanted to look at the company’s supply chain to see if she could gain some insight into the pros and cons of Apple as a key holding in BXE’s fund. When. Apple Computer was founded on April 1, 1976, by Steve Jobs, Steve Wozniak and Mike Markkula to manufacture and distribute desktop computers.
Challenges
Inaccurate forecasts of retailer demand has become a major issue at Obermeyer. The two major factors that made this task more difficult was the increase in product variety and intense competition in market. Second challenge the company had faced was to allocate production between Hong Kong and China. Although Obermeyer had 1/3 of Parka production in China for 1992, this year the organization insisted on increasing the sales to half. There was difference in quality and labor rate at China and Hong Kong which made allocation decision more difficult.
Another challenge the company faced was the larger lead time. The company had supplies of raw materials from various countries which resulted in delayed production time. Organization challenges along with competition from competitor companies were major challenges the company had faced.
Analysis
From the sales predictions that the six managers forecasted, a coefficient of variation (COV) was determined, which indicated the level of spread of the forecasted data. The COV values were broadly divided into two levels, the low risk group and the high risk group. Every value below 0.2 were considered to be among the lower risk items and all the items above COV value of 0.2 were considered to be of higher risks. Once the risk levels of each item were determined, the quantities of items to be produced in first and second production cycles could be calculated with least risk. 70% of the entire sales forecast for the lower risk items were ordered to be produced. Only 30% of higher risk items were ordered to be produced in the first production cycle. The quantities which amounted to 1200 were manufactured in China and that which were close to 600, were manufactured in Hong Kong in the first production cycle.
Once the 80% of the orders were received from the retailers from the Vegas show, a clear picture of the demand forecast could be obtained, according to which the rest of the items could be manufactured either in China or Hong Kong. Referring to exhibit 1, the four products to be produced in China in the first production cycle are: Assault, Seduced, Entice and Electra. These four products have COV less than 0.2. However Gail, Daphne, ISIS, Anita, Teri, Stephanie are produced in Hong Kong for the first production cycle as they have a high level of risk associated with it.
Conclusion
Short term operational changes
o Decrease lead time by obtaining raw materials from geographically closer locations to ensure timely delivery
Long term operational changes
o Cross scaling Chinese labors which would help the company produce quality and reliable goods at a cheaper price
Apple INC.: Managing a Global Supply ChainAyesha Majid
As part of her analysis of Apple’s stock, she wanted to look at the company’s supply chain to see if she could gain some insight into the pros and cons of Apple as a key holding in BXE’s fund. When. Apple Computer was founded on April 1, 1976, by Steve Jobs, Steve Wozniak and Mike Markkula to manufacture and distribute desktop computers.
corporate strategy
Newell started as Curtain rod manufacturer in 1902
1917 – Supplier to Woolworth stores
1921 – Leonard Ferguson at Newell, Owner in 1937
1950 – Dan Ferguson (son of Leonard and Stanford MBA) as CEO. Revenue 10 mln
1967 – First Strategy for Newell – Focus as market for hardware and do-it-yourself products to volume merchandisers
1969 – First non-drapery hardware acquisition
1972 - Public Company – Funding for new products by acquisition
Two-Pronged Strategy
Manufacture low-technology, nonseasonal, noncyclical, nonfaschionable products for volume retailers by acquisition and then streamlining, focussing and making the division profitable, increasing operating margins > 15%
Strategy for consolidation and centralization to achieve effectivess
Changed strategy for individual divisions responsible for manufacturing and marketing but was centrally controlled by admin, legal and treasury systems
1997 – Revenues of 3.23 billion. Clients like Walmart which gave 15% of business, top 10 clients accounting for 40% business
Through 1997, 10 year average return to investors 31% (Vs S&P 500 only 18%)
Manzana Insurance is the second largest insurance company founded in California in 1902. • They operated through a network of autonomous branch offices in California, Oregon and Washington. Each branch is treated as a separate profit and loss centre. • Manzana does not directly interact with public but instead has its 2000 agents who represents Manzana. • Fruitvale was one of the Manzana’s smaller branches, with 3 underwriting teams and 76 agents. Our case concern is the falling performance and hence the profitability on Property Insurance for this branch.
Aqualisa Quartz - Simply A Better Shower (HBR Case Study)Arjun Parekh
Probable Solution to HBR Case on Aqualisa Quartz. The Presentation consists of info about Channel Distribution, Development of Quartz Shower Valve, UK Shower Market, Initial Sales Results, 4Ps of Marketing for Aqualisa, A shift in Marketing Strategy.
Metro Group, German's leading retailer, aims to optimize its supply chain performance with RFID. The initial results are satisfactory, and right now the company arrives at a new question: Expand the already-proven pallet tagging, or increase the granularity with case-level tagging?
The case study optimizes the HP DeskJet printer supply chain by redesigning the network using component commonality and risk pooling. The redesign leads to considerable savings to the business.
Forecast uncertain demand products
Choose the suitable place for production
Better forecast
Use both quantitative + qualitative method
Analyze historical data => forecast future trend
Use weighted factors (weighted average independent forecasts)
Shorten forecasting duration
This presentation deals with Marico's inbound and outbound supply chain. We discuss here the supply chain problems that Marico faced and the remedial steps it took to solve the problems. Use of IT (ERP/SAP solution) and disintermediation in supply chain appear as notable steps Marico undertook to solve its Supply Chain problems.
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corporate strategy
Newell started as Curtain rod manufacturer in 1902
1917 – Supplier to Woolworth stores
1921 – Leonard Ferguson at Newell, Owner in 1937
1950 – Dan Ferguson (son of Leonard and Stanford MBA) as CEO. Revenue 10 mln
1967 – First Strategy for Newell – Focus as market for hardware and do-it-yourself products to volume merchandisers
1969 – First non-drapery hardware acquisition
1972 - Public Company – Funding for new products by acquisition
Two-Pronged Strategy
Manufacture low-technology, nonseasonal, noncyclical, nonfaschionable products for volume retailers by acquisition and then streamlining, focussing and making the division profitable, increasing operating margins > 15%
Strategy for consolidation and centralization to achieve effectivess
Changed strategy for individual divisions responsible for manufacturing and marketing but was centrally controlled by admin, legal and treasury systems
1997 – Revenues of 3.23 billion. Clients like Walmart which gave 15% of business, top 10 clients accounting for 40% business
Through 1997, 10 year average return to investors 31% (Vs S&P 500 only 18%)
Manzana Insurance is the second largest insurance company founded in California in 1902. • They operated through a network of autonomous branch offices in California, Oregon and Washington. Each branch is treated as a separate profit and loss centre. • Manzana does not directly interact with public but instead has its 2000 agents who represents Manzana. • Fruitvale was one of the Manzana’s smaller branches, with 3 underwriting teams and 76 agents. Our case concern is the falling performance and hence the profitability on Property Insurance for this branch.
Aqualisa Quartz - Simply A Better Shower (HBR Case Study)Arjun Parekh
Probable Solution to HBR Case on Aqualisa Quartz. The Presentation consists of info about Channel Distribution, Development of Quartz Shower Valve, UK Shower Market, Initial Sales Results, 4Ps of Marketing for Aqualisa, A shift in Marketing Strategy.
Metro Group, German's leading retailer, aims to optimize its supply chain performance with RFID. The initial results are satisfactory, and right now the company arrives at a new question: Expand the already-proven pallet tagging, or increase the granularity with case-level tagging?
The case study optimizes the HP DeskJet printer supply chain by redesigning the network using component commonality and risk pooling. The redesign leads to considerable savings to the business.
Forecast uncertain demand products
Choose the suitable place for production
Better forecast
Use both quantitative + qualitative method
Analyze historical data => forecast future trend
Use weighted factors (weighted average independent forecasts)
Shorten forecasting duration
This presentation deals with Marico's inbound and outbound supply chain. We discuss here the supply chain problems that Marico faced and the remedial steps it took to solve the problems. Use of IT (ERP/SAP solution) and disintermediation in supply chain appear as notable steps Marico undertook to solve its Supply Chain problems.
final Year Projects, Final Year Projects in Chennai, Software Projects, Embedded Projects, Microcontrollers Projects, DSP Projects, VLSI Projects, Matlab Projects, Java Projects, .NET Projects, IEEE Projects, IEEE 2009 Projects, IEEE 2009 Projects, Software, IEEE 2009 Projects, Embedded, Software IEEE 2009 Projects, Embedded IEEE 2009 Projects, Final Year Project Titles, Final Year Project Reports, Final Year Project Review, Robotics Projects, Mechanical Projects, Electrical Projects, Power Electronics Projects, Power System Projects, Model Projects, Java Projects, J2EE Projects, Engineering Projects, Student Projects, Engineering College Projects, MCA Projects, BE Projects, BTech Projects, ME Projects, MTech Projects, Wireless Networks Projects, Network Security Projects, Networking Projects, final year projects, ieee projects, student projects, college projects, ieee projects in chennai, java projects, software ieee projects, embedded ieee projects, "ieee2009projects", "final year projects", "ieee projects", "Engineering Projects", "Final Year Projects in Chennai", "Final year Projects at Chennai", Java Projects, ASP.NET Projects, VB.NET Projects, C# Projects, Visual C++ Projects, Matlab Projects, NS2 Projects, C Projects, Microcontroller Projects, ATMEL Projects, PIC Projects, ARM Projects, DSP Projects, VLSI Projects, FPGA Projects, CPLD Projects, Power Electronics Projects, Electrical Projects, Robotics Projects, Solor Projects, MEMS Projects, J2EE Projects, J2ME Projects, AJAX Projects, Structs Projects, EJB Projects, Real Time Projects, Live Projects, Student Projects, Engineering Projects, MCA Projects, MBA Projects, College Projects, BE Projects, BTech Projects, ME Projects, MTech Projects, M.Sc Projects, Final Year Java Projects, Final Year ASP.NET Projects, Final Year VB.NET Projects, Final Year C# Projects, Final Year Visual C++ Projects, Final Year Matlab Projects, Final Year NS2 Projects, Final Year C Projects, Final Year Microcontroller Projects, Final Year ATMEL Projects, Final Year PIC Projects, Final Year ARM Projects, Final Year DSP Projects, Final Year VLSI Projects, Final Year FPGA Projects, Final Year CPLD Projects, Final Year Power Electronics Projects, Final Year Electrical Projects, Final Year Robotics Projects, Final Year Solor Projects, Final Year MEMS Projects, Final Year J2EE Projects, Final Year J2ME Projects, Final Year AJAX Projects, Final Year Structs Projects, Final Year EJB Projects, Final Year Real Time Projects, Final Year Live Projects, Final Year Student Projects, Final Year Engineering Projects, Final Year MCA Projects, Final Year MBA Projects, Final Year College Projects, Final Year BE Projects, Final Year BTech Projects, Final Year ME Projects, Final Year MTech Projects, Final Year M.Sc Projects, IEEE Java Projects, ASP.NET Projects, VB.NET Projects, C# Projects, Visual C++ Projects, Matlab Projects, NS2 Projects, C Projects, Microcontroller Projects, ATMEL Projects, PIC Projects, ARM Projects, DSP Projects, VLSI Projects, FPGA Projects, CPLD Projects, Power Electronics Projects, Electrical Projects, Robotics Projects, Solor Projects, MEMS Projects, J2EE Projects, J2ME Projects, AJAX Projects, Structs Projects, EJB Projects, Real Time Projects, Live Projects, Student Projects, Engineering Projects, MCA Projects, MBA Projects, College Projects, BE Projects, BTech Projects, ME Projects, MTech Projects, M.Sc Projects, IEEE 2009 Java Projects, IEEE 2009 ASP.NET Projects, IEEE 2009 VB.NET Projects, IEEE 2009 C# Projects, IEEE 2009 Visual C++ Projects, IEEE 2009 Matlab Projects, IEEE 2009 NS2 Projects, IEEE 2009 C Projects, IEEE 2009 Microcontroller Projects, IEEE 2009 ATMEL Projects, IEEE 2009 PIC Projects, IEEE 2009 ARM Projects, IEEE 2009 DSP Projects, IEEE 2009 VLSI Projects, IEEE 2009 FPGA Projects, IEEE 2009 CPLD Projects, IEEE 2009 Power Electronics Projects, IEEE 2009 Electrical Projects, IEEE 2009 Robotics Projects, IEEE 2009 Solor Projects, IEEE 2009 MEMS Projects, IEEE 2009 J2EE P
Ways to improve logistics efficiency - Milad YousifMilad Yousif
To improve the logistics efficiency Milad Yousif followed many strategy. For many businesses, logistics management is a key part of operations that impacts everything from internal practices to customer interactions.
The Connected Logistics system integrates data from various sources, such as ERP systems, warehouse management systems, and transportation management systems, to provide real-time visibility and control over the logistics operations. Bosch L.OS is designed to improve efficiency, reduce costs, and increase customer satisfaction by optimizing logistics processes - https://www.l-os.com/in/en
10 Key Benefits Of Transportation Management System (TMS)PL Solutions
A transportation management system (TMS) is a logistics platform that helps businesses in planning, executing, and optimizing the transport processes in external logistics. It is designed to streamline transportation and strengthen the overall logistic system.
https://www.solutionpl.com/blog/10-key-benefits-of-transportation-management-system-tms/
LeanCor Consulting Webinar: The PFEP – How to Create Standardization in Mater...LeanCor Supply Chain Group
Building a Plan for Every Part (PFEP) is one of the most effective ways to create standardization in an ordering and delivery process and optimize material flow. Breakthrough results in on-time-delivery, coverage, and cost reduction can be achieved through this discipline, but how do you do it? In this 1-hour webinar from the LeanCor Consulting team, learn the critical components of PFEP that will ensure delivery of the Right part, at the Right time, in the Right quantity.
*This webinar is part of a special “Go to the Gemba” series where we interview different industry supply chain professionals about how they use lean principles and tools to solve their challenges.
We Will Explore:
How to collect the PFEP data necessary to make informed decisions about transportation, packaging, inventory, placement, ordering quantities, and handling.
How to successfully implement PFEP in your operations
How PFEP can stimulate an environment of doing the right thing first and lay the foundation for continuous improvement
There's a new model for managing transportation that calls for strategic control over the many partners and logistics providers in a supply chain. These five objectives lead to an agile transportation network, where companies use a single platform to gain insight and visibility into their global transportation activity.
AVAAL Transportation Management System offers a return on investment that will provide continuous process improvement while at the same time keeping freight costs under control. Our software helps customers to coordinate Order Management, Fleet Management, Customer Management and Accounting in one place to enable better decision-making and capacity control.
Logistics and Transportation Plan for Chocolates from Switzerland to SingaporeSanket Golechha
B School presentation on Logistics and Transportation plan for Chocolates from Switzerland to Singapore.
If useful, do not forget to share and comment.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
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FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...jamalseoexpert1978
Farman Ayaz Khattak and Ehtesham Matloob are government officials in CTW Counter terrorism wing Islamabad, in Federal Investigation Agency FIA Headquarters. CTW and FIA kidnapped crypto currency owner from Islamabad and snatched 200 Bitcoins those worth of 4 billion rupees in Pakistan currency. There is not Cryptocurrency Regulations in Pakistan & CTW is official dacoit and stealing digital assets from the innocent crypto holders and making fake cases of terrorism to keep them silent.
buy old yahoo accounts buy yahoo accountsSusan Laney
As a business owner, I understand the importance of having a strong online presence and leveraging various digital platforms to reach and engage with your target audience. One often overlooked yet highly valuable asset in this regard is the humble Yahoo account. While many may perceive Yahoo as a relic of the past, the truth is that these accounts still hold immense potential for businesses of all sizes.
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdfthesiliconleaders
In the recent edition, The 10 Most Influential Leaders Guiding Corporate Evolution, 2024, The Silicon Leaders magazine gladly features Dejan Štancer, President of the Global Chamber of Business Leaders (GCBL), along with other leaders.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Top mailing list providers in the USA.pptxJeremyPeirce1
Discover the top mailing list providers in the USA, offering targeted lists, segmentation, and analytics to optimize your marketing campaigns and drive engagement.
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
Understanding User Needs and Satisfying ThemAggregage
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
In the Adani-Hindenburg case, what is SEBI investigating.pptxAdani case
Adani SEBI investigation revealed that the latter had sought information from five foreign jurisdictions concerning the holdings of the firm’s foreign portfolio investors (FPIs) in relation to the alleged violations of the MPS Regulations. Nevertheless, the economic interest of the twelve FPIs based in tax haven jurisdictions still needs to be determined. The Adani Group firms classed these FPIs as public shareholders. According to Hindenburg, FPIs were used to get around regulatory standards.
Navigating the world of forex trading can be challenging, especially for beginners. To help you make an informed decision, we have comprehensively compared the best forex brokers in India for 2024. This article, reviewed by Top Forex Brokers Review, will cover featured award winners, the best forex brokers, featured offers, the best copy trading platforms, the best forex brokers for beginners, the best MetaTrader brokers, and recently updated reviews. We will focus on FP Markets, Black Bull, EightCap, IC Markets, and Octa.
2. Should the TP model be extended
across the country? Why? If yes,
what should be the implementation
plan?
Yes!
3. Why should it be extended?
Improved costs
Better efficiency
More agile
More responsive
More visibility
Reduced workforce
4. However
Several factors attributed to the success of the
transit point trail
No stock outs at the central warehouse
No production issues
Weather conditions
No transportation issues
5. Additional factors
Considerable capital and time needs to be
invested
Average product delivery time could increase
Higher costs of transportation
High costs involved in modifying Central Office
To be cost effective, there needs to be consistent
high volumes
Transportation fleet needs to be increased to
serve all regions
Need to optimize interconnectivity between all
regional offices
6. Implementation Plan
Identify the expected benefits
Understand the requirements
Sophisticated IT systems
Standardized processes and training
7. Cross docking facilities
Modify the existing ware houses
New facilities which support cross docking
Storage area in the facility
Facilitate direct customer pickups
9. Safety Stock Maintenance
At regional warehouses
At central warehouses and plants
Maintain customer service levels
10. IT Systems
Order processing
Information sharing
CPFR
Increase supply chain visibility
Implement advanced forecasting techniques
Space optimization techniques
15. Recommendation
The success of cross docking depends upon
low demand-variance and relatively close
distribution distances. However, the demands
for Merloni’s products were quite variable.
The company should had used advance
logistics information system like “Total Asset
Visibility (TAV)”, which gives real time visibility
at any time.
16. Recommendation
They should use the concept of transshipment
to increase its performance on efficiency front.
As given in the case study, regional
warehouse are of different capacity. So, the
company could use some of the bigger
warehouses to fill other smaller warehouses or
nearby warehouses as and when required.