ORUN, a 4th generation family owned company has done well for themselves. They currently have 4 plants with a corporate headquarters and are considered “leaders in the development, design, manufacture, marketing and distribution of metal cabling” (Case tool for assessment of program outcomes 2 and 3). After some time the company, along with some of their key players, have noticed some strategic and operational issues they want to focus on in efforts to sustain and gain the advantage in the market place with the potential to service new customers.
Along with operational issues, the current communication gap is also a great concern for this company. ORUN must implement a faster, more efficient way to relay information outside of facsimile and
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This in turn results in confusing reports, non-distribution of metrics, different procedures throughout the plants that involve finance, marketing and supply chain management.
Lastly, there is currently no agreement with the company for longevity with contracts and with the lack of communication and procedures the purchasing managers are being left to ensure unified supplier management. In efforts to continue to be and maintain the leadership status in their industry, ORUN needs to close the gap between plants and ensure that headquarters and all 4 plants are running off the same chain and not as an independent
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Increase supplier efficiency with real time information on firm planned orders and forecast. Efficiency takes time but with the massive amounts of technology we have these days there is no reason why ORUN should not implement a management system to where they can effect change in their plants. A management system would include having a way to scan, locate and communicate the statuses of their real time information. Having such a system can close the significant communication gap the plants have throughout their companies. The system will also enhance customer service. With the ability to have a product on the shelf will alleviate the operation behind the scenes and will make customers happy with a rapid delivery time. Bottom line up front if ORUN wants to increase supplier efficiency with real time information they need a system that allows for that thus creating a well-rounded supply chain
Communicate that Omnicare Senior Pharmacy Services is well known in the medical profession as the creator of the Omnicare Geriatric Pharmaceutical Care Guidelines, the nation’s first clinically based formulary tailored to the geriatric population. This formulary is the cornerstone of Omnicare’s clinical programs and professional pharmacy consulting services.
One improvement is to remove two current systems which are Databases and payment .Then combine stock control and EPOS. This allows stock to be up to date and the stock count to also be up to date. This can benefit the staff at PVMS as store manager are able to do their work more accurate efficient as store manager are able to set up Reorder level for each of the product sold at PVMS therefore it automatically calculates what needs to be ordered and prints out a stock list. One benefit for staff is staff will not need to worry about sheets and misplacing sheets as the system will be storage on stock control. One drawback is it will cost around £2000 to maintain the software which can be expensive for PVMS. Another drawback is staff will need to be train on using the new system therefore it will have training cost, so staff are educate
The major issues facing the company comprises of there being multiple businesses with different demands. There are separate levels of performance and success as well as growth chances for each of the sector and the firm needs to tackle with issues in each of these divisions (Dube, J.P., 2004).
A Good advantage of having point-to-point contact between functional groups at different companies is being
Production and distribution issues will also be addressed. Many production issues will be corrected as the facility is updated. Distribution is less of an immediate problem and future growth will resolve many of these concerns.
With the use of the above mentioned mode of communication the company will be able to achieve the following:
An increasingly global environment and society has led to increased demand for modes of communication that transcend borders. This motivation to connect globally has led to an explosion of social media networks around the world. As defined by the case, the social media outlet Orkut, operated by Google, articulated a clear demand for global interconnection and the challenges an international company faces when navigating in a social media space in a country with limited consumer protection. As Google learned, operating a social network site in Brazil is a very complicated endeavor, and one that resembles a cyber version of the Wild West. There is little regulation regarding personal conduct and content restrictions, and while limited regulation
One problem anyone is going to have in just about any industry is the amount of inventory to keep at warehouses. If there is too much inventory, then high costs will become a problem and hurt your bottom line. At the other end, if you try to save too much money by keeping inventories dangerously low, it may create stock-outs. These can infuriate your clients
middle of paper ... ... ms between different regions and departments. The objectives are easily achieved when good communications are applied. Good communications also help to solve complicated structures of the company. Most of the disadvantages are sorted out.
Lean manufacturing and just-in-time processing are great business strategies that can severely stress a supply chain. The supply chain and supply chain management is a critical operations management element for any major company to succeed and remain competitive in the global market. The supply chain is one of many pieces critical to maximizing value to the end customer and requires close management to minimize external impacts. If a company is relying on another company to supply the raw materials needed for their production line, then impacts to this other company could impact their supply chain. Careful risk management is needed to optimize performance. As a company expands into global markets and global suppliers, this risk and management challenge is multiplied. The global nature of the company could impact important activities such as transportation, funds transfers, suppliers, distributors, accounting and information sharing. Disruption to the supply chain can significantly reduce revenue, cut market share, inflate costs and threaten production. A major disruption would have obvious impacts to profit, but could have additional intangible impacts to the credibility of the company if products are not delivered on time.
All these improvements will boost profitability by identifying at least or more that EUR 30 mio required by U.S.A headquarters. However, we believe it is not realistic to manage all this turnaround in 1 year’s time. It might take from 2 – 3 years.
• The supply chain is getting divided. At one time vertical incorporation was the request of the day. Yet the present pattern is to focus on center fitness and outsource more exercises. Along these lines the supply chain is more divided now.
By adopting the value chain into a manufacturing company, it will gain efficiency, effectiveness, reduce the product cost and improve continuously. For example, Toyota has implemented Toyota Product System (TPS) integrated information system with the business process which allowed the company to be more efficiency, effectiveness and reduce inventory cost. (Toyota
The XYZ Corporation was established in 2004 and their main office is located in Vancouver, BC. The company’s main objective is to create new innovating technology for media devices, computers, and digital music players. They deal with the design, manufacturing and marketing of the products. XYZ Corporation has been providing Canadians with groundbreaking technology throughout the years and continues to create new technology to provide others with top-level technology. Although, recently their success rate has appeared to drop rapidly due to a number of factors that will be explored throughout this case study. Their main objective is to target the problems so that they can work towards having the issues resolved as quickly as possible. If they do not take any course of action, the state of the company may be in extreme danger. This case study is designed to explore the areas of the company and discover the problems blocking the XYZ Corporation from success.