...Week 1 Case Study Austin Wood Products Week 1 Case Study – Austin Wood Products Introduction Austin Wood Products is a company based out of Austin, Texas, specializing in custom doors, frames, molding, and entry systems. The company currently employs 130 people, 120 of which are production employees. Their facility houses production, raw/component/finished inventory, administrative and corporate services, and their own local distribution operation. Being so highly immersed in the custom housing market of Austin and its many surrounding cities, much of the current production and material needs are based upon current trends in the housing and construction industry. This makes it more challenging to house an adequate stock of raw material, as production needs could potentially change faster than the company can anticipate. (Benton, Jr., 2014) Being able to meet customer desires with a fully customized product has always been the pride of Austin Wood Products. However, this presents many challenges for the company at an operational level, particularly in inventory and purchasing management. An estimated 87 percent of all purchases are raw lumber for production, yet there is no formal cycle count, material handling, or material resource planning procedure established within the company. Austin Wood Products conducts a physical inventory once a year, but it does not actively maintain accurate inventory records the rest of the year. According to Dave Pope...
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...A Case Study on Austin Wood Products A Case Study Presented to the Faculty of the Ramon V. del Rosario College of Business Decision Sciences and Innovation Department De La Salle University - Manila In Partial Fulfillment of the Requirements for the Course SUPPMAN K31 By Herrera, Lorenzo V. 11224738 Kehyeng, Charise Jessica T. 11144394 Larracas, Danielle Dominique G. 11134917 Lim, Ma. Anna Emanuelle N. 11107669 Zialcita, Raphael Paolo Prof. Willy Cuason September 16, 2014 I. CONTENTS: Summary of Findings Background Information Problem Statement if there are any Analysis of Alternatives Detailed Recommendations Answer to Case Questions Learnings II. SUMMARY OF FINDINGS: As seen in the case of Austin Wood Products, although the company is profitable and offers a variety of high quality products, there are a number of flaws and problems that the company face in different functional areas related to purchasing and supply management. One dilemma would be that the inventory and stock room operations are having a hard time keeping track and managing inventory and stock. There is no system that efficiently keeps track of how much inventory is at hand, what kind of lumber or materials are available in the stockroom, how much of the inventories are being taken by the workers, where they are, and whether or not certain inventories are missing. In other words, there are no records of the movement...
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...Case 5 Austin Wood Productsi Summary Austin Wood Products was started in 1981. With the fast-growing building industry in Texas, Mr. Price realized the potential need for custom-manufactured doors. He began manufacturing doors in his garage up until 1982, when he moved to the facility to the Austin area. As the company began to grow, Price relocated to downtown Austin in 1983, and then to their present location, 1165 Guadalupe Road in Austin. The current facility has over 90,000 square feet of production, warehouse, and showroom space, and employs 130 people. The 7,000-square-foot showroom displays their vast selection of quality handcrafted and manufactured products, which include a complete line of doors, moldings, decorative hardware, and entry systems. They are the only company in Austin that custom builds doors. Suggested Assignment Questions 1. What specific actions should the company take in the area of inventory control? Support your recommendations with conceptual and economic analysis. 2. What is your reaction to the president’s comment about not having to compete on cost? 3. What will be the impact of the inventory control problem change as the sales volume increases? 4. How could AWP benefit from the establishment of an inventory control system? What functions should be included in an inventory control system? Analysis The success of AWP based on the leadership of the owner, Mr. Price. AWP’s customer service and quality focus has clearly...
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...Case Title: Austin Wood Products The Role of the responder: Dave Pope, the plant Manager. Objective: The purpose of this report is to review Dave Pope’s concern about the company’s lumber stockroom operations. The stockroom situation was interfering with the productivity. To add with this, the President announced that the production levels would increase by 20% during the next month. Our objective is to fix this stockroom problem so that Dave would be able to meet the President’s demand of increase in productivity. Key Issues: * Stockroom operations. The company’s lumber stockroom operation was a big concern. There was in no way to know what was available before you get to the storage area. Because of that the metric was only a 50% chance of obtaining the needed lumber for the job. The stockroom situation was also interfering with the inventory. * Organizational structure. The company’s organizational structure was another issue. The company was organized in an old way and needs to be reorganized for better performance. * Maintaining Inventory records and changing demands. AWP did not have any formal inventory management system in place to maintain raw materials and finished goods. The inventory count is done manually and takes two days. They were completely not maintaining any inventory record whatsoever. The nature of demand also was difficult to predict as it varied from one year to the next. The metric was that the inventory turnover which relates inventory levels...
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...Case Title: Austin Wood Products The Role of the responder: Dave Pope, the plant Manager. Objective: The purpose of this report is to review Dave Pope’s concern about the company’s lumber stockroom operations. The stockroom situation was interfering with the productivity. To add with this, the President announced that the production levels would increase by 20% during the next month. Our objective is to fix this stockroom problem so that Dave would be able to meet the President’s demand of increase in productivity. Key Issues: * Stockroom operations. The company’s lumber stockroom operation was a big concern. There was in no way to know what was available before you get to the storage area. Because of that the metric was only a 50% chance of obtaining the needed lumber for the job. The stockroom situation was also interfering with the inventory. * Organizational structure. The company’s organizational structure was another issue. The company was organized in an old way and needs to be reorganized for better performance. * Maintaining Inventory records and changing demands. AWP did not have any formal inventory management system in place to maintain raw materials and finished goods. The inventory count is done manually and takes two days. They were completely not maintaining any inventory record whatsoever. The nature of demand also was difficult to predict as it varied from one year to the next. The metric was that the inventory turnover which relates...
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...Running Head: WOOD-WORKS CARVINGS INVESTMENTS Wood-Works Carvings Investments Professor Daniel Terfassa PhD ACC557 May 19, 2013 Wood-Works Carvings Investments Describe the type of business you have created including: The product or service, and general staffing plan. Provide a rationale for your plan. Turning a lifelong hobby into a business is what has happened in the creation of Wood-Works Carvings. Wood -Works Carvings creates custom wood cabinets, furniture and carvings, that range in scale from miniature to full sized. In order to create such custom works it requires the company to lease out warehouse space for the milling process. Custom wood carvings have to be created by those that already haves the necessary skills and are familiar with how to operate the mill equipment. Wood-Work Carvings is a small company that will employ around forty people that will be employed in three broad departments, which range in areas of responsibilities from human resources, logistics management, and mill workers. Those that work in the human resources department will be critical in ensuring that the company brings in the right people with the right skill sets to move the company forward. This will act as the company’s filter when bringing people into the company, because there may be a great deal of qualified candidates but hiring the best of the best is what will make the company really stand out among the competition. The logistics management group will be...
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...is an author of books for elementary school students. As he writes, he tries to recall what it felt like for him to be that age. He thinks that children in elementary school are pretty much the same as when he was in school. He remembers a time when he had to stay away from the woods across the street. There were some tough older boys about eleven or twelve who played there and he did not want any trouble. Sachar was born in East Meadow, New York on March 20, 1954. When he was nine years old, he moved to Tustin, California. Tustin was full of orange groves at that time and unlike his time in East Meadow, New York; he would go through the groves and have orange fights on the way home. Sachar currently lives in Austin, Texas. Sachar enjoyed school and was a good student, but it was not until high school that he really became an avid reader. He graduated from high school in 1976. After high school, Sachar attended Antioch College in Ohio. During his first semester at Antioch, Sachar’s father died. Due to his father’s death, Sachar moved back to California to be with this mother. During that time, he got a job as a Fuller Brush. A Fuller Brush is a person who goes door-to-door selling cleaning products. He went back to college, attending the University of California at Berkeley where he majored in economics. While in college, he took a big interest in Russian literature, but after one year of classes, it was still all Greek to him. He dropped out of the class and tried to figure...
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...BMW AG originated with three other manufacturing companies, Rapp Motorenwerke and Bayerische Flugzeugwerke (BFw) in Bavaria, and Fahrzeugfabrik Eisenach in Thuringia. Aircraft engine manufacturer Rapp Motorenwerke became Bayerische Motorenwerke in 1916. The end of the war hit BFw hard, since military demand for aircraft collapsed. The company’s management was forced to find new products in order to survive. Because aircraft were largely built from wood at that time, BFw was equipped with the very latest joinery plant and held enough stock of materials to build about 200 aircraft, which was worth 4.7 million reichsmarks. The company used the machinery and the materials in the production of furniture and fitted kitchens. In addition, from 1921 onwards, The company also built a motorized bicycle called the Flink and a motorcycle called the Helios. The Helios used a BMW M2B15 engine. In the autumn of 1921 the Austrian financier Camillo Castiglioni first announced his interest in purchasing BFw. While most of the shareholders accepted his offer, MAN AG initially held on to its shareholding in BFw. By the spring of 1922, Castiglioni bought MAN's shares in BFw, so that the company belonged exclusively to Castiglioni. In May of the same year, when Castiglioni acquired BMW’s engine business from Knorr-Bremse, he merged the aircraft company BFw into the engine builder BMW. The name Bayerische Flugzeugwerke AG was revived in 1926 when Udet-Flugzeugbau GmbH was changed into a joint-stock...
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... Types of retailer | Examples | Department stores | * Atkinsons (Sheffield) * Austins (Derry) * Bakers & Larners (Holt) * Baldwins * Banburys (Barnstaple and Tiverton) * Barretts (St Neots) * Barsleys (Paddock Wood) | Multiple chains | Chain store or retail chain are retail outlets that share a brand and central management, and usually have standardized business methods and practices. In retail, dining, and many service categories, chain businesses have come to dominate the market in many parts of the world. * Tesco * Apple * MacDonald’s | Independents | * Anna Falcke-small business * Bristol Books * Broadmead has more than 50 independent shops | Supermarkets | * Aldi * Asda * Iceland’s * farm foods * Lidl * Morrison’s | Specialist outlets | * Mercedes * BMW * Toyota | Catalogue stores | * Argos * H&M | Membership club | * Tesco * Shell | Discount stores | * Pound land * Pound stretcher | Internet stores | * Amazon * Littlewoods * Beloved | Internet auction | * EBay * Amazon * Ubid * Ebid * Sky auction | Starbucks “Owning a franchise allows you to go into business for yourself, but not by yourself.” A franchise provides franchisees with a certain level of independence where they can operate their business. A franchise provides an established product or service which may already enjoy widespread brand-name recognition. This gives the franchisee...
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...in Texas and the fourth-largest in the United States, while San Antonio is the second largest in the state and seventh largest in the United States. Dallas–Fort Worth and Greater Houston are the fourth and fifth largest United States metropolitan areas, respectively. Other major cities include El Paso and Austin—the state capital. Texas is nicknamed the Lone Star State to signify Texas as a former independent republic and as a reminder of the state's struggle for independence from Mexico. The "Lone Star" can be found on the Texas state flag and on the Texas state seal today.[9] The origin of the state name, Texas, is from the word, "Tejas", which means 'friends' in the Caddo language.[10] Due to its size and geologic features such as the Balcones Fault, Texas contains diverse landscapes that resemble both the American South and Southwest.[11] Although Texas is popularly associated with the Southwestern deserts, less than 10 percent of the land area is desert.[12] Most of the population centers are located in areas of former prairies, grasslands, forests, and the coastline. Traveling from east to west, one can observe terrain that ranges from coastal swamps and piney woods, to rolling plains...
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...grass-fed beef | Food Business News 10/14/15, 5:35 PM Login Search Advanced Search | Search Tips Home News Columns Events Resources Magazine Home > News > Consumer Trends News Business Graze craze: The market for grass-fed beef Food Safety 4/10/2015 - by Larry Aylward Consumer Trends Share This: Regulatory Purchasing Search for similar articles by keyword: [Beef] Financial Performance Food Service / Retail International Research Most Popular Supplier Innovations Read New Product Launches Shared Comments 1 Is a spin-off in store for Yum! Brands? 3 The hard sell behind organic, nonG.M.O. production 4 Farm Burger, an Atlanta-based chain that offers grass-fed burgers, opened its fifth SupplySide West exclusive: Protein surges on 2 Archive Tate & Lyle gains steam from Brazilian acquisition, sucralose 5 Slideshow: New products from Mondelez, Hostess, Barbara’s location in Berkeley, Calif. ( more ) In December, California-based quick-service chain Carl’s Jr. rolled out the All-Natural Burger, although it could be called the Take-Notice Burger. People have taken notice of the menu addition to the chain’s more than 1,000 outlets because Carl’s Jr. is the first major fast-food chain to introduce a grass-fed beef burger. The meat industry has taken notice of the All-Natural Burger because it’s another sign that grass-fed beef is becoming more accepted in the...
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...Dream is all about. Franklin barbecue is located in Austin Texas and run by a middle aged couple named Aaron and Stacy Franklin. Their passion for barbecue underlines some key ethical organizational challenges. People are always expecting perfection and today’s generation is impatient for perfection and desires instant gratification. Barbecue is a good representative of something subjective to each of us. The barbecue flavor I might think is good might not be as good to you and your taste buds. Not to mention, barbecue by nature is very inconsistent. Aaron grew up around barbecue as his parent’s had run a small barbecue restaurant. His passion was arguably instilled at a young age and would become his dream. As he aged, he hosted backyard barbecues where he discovered that his friends looked forward to his smoked meats. Many of those friends even encouraged Aaron to consider opening a restaurant. Together, they keep their doors open until they are sold out of their product. This means that they sacrifice time they could be investing on something else. They’ve learned that barbecue is a monstrosity of its own. Environment sustainability is an important global issue today. Franklin barbecue addresses this challenge head on in several ways. Firstly, they are utilizing recycled propane tanks to produce their own smokers. Secondly, their grease goes to bio-diesel fuels. This type of fuel is a renewable resource. Thirdly, they use wood from fallen trees from the drought to fuel their...
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...of natural sciences will turn you into an atheist, but at the bottom of the glass God is waiting for you." Even a man whose life focus was science and explaining how things worked believed in a Power greater than himself. Heisenberg was a genius and his theories couldn't explain away God. Although some say that the wonders of mother nature can be explained by scientific facts I believe the presence of God is all around us. Atheists argue that suffering and war come from religion but God is loving and all-inclusive; it is people in the religions that cause the suffering not God. Even though Austin Cline believes there are too many religions and different God's to go with them all (page 71) ; I believe the other gods are pleasing to mans desire. A true God would be contrary to flesh and be on a much holier level thus proving man made to please themselves. These man made gods are made of wood stone and iron made by mans hands. God has never had a graven image or a name like they do. "There Is No God" by Sam Harris gives the example of hurricane Katrina as proof there is no God (page 72). Harris uses the point that if there is a God "what was he doing while a hurricane wasted their city?" For one thing, such events shake our confidence in this life and force us to think about eternity. Churches are usually filled after disasters as people realize how precious their lives really are and how life can be snuffed out in an instant. Further more, what we do know is this: God is good...
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...held Subchapter S Corporation with all the stock being held by the founders and their family members. The founders, John Cooper and Juan Martinez share the position of Office of the CEO. John is also the Chief Operating Officer (COO) while Juan is the Chief Financial Officer (CFO). An organization chart for HHYY is in Figure 1. The firm employees about 350 people in a single location in the suburbs of Cut and Shoot, Texas. Figure 1. Hi-Ho Yo-Yo, Inc. Organization Chart Office of the CEO Legal COO CFO Production QA Purchasing HR Marketing Accounting Finance Plant Manager Design Engineering Advertising Sales Trade Custom General Large Accounts Products HHYY produces four distinct lines of yo-yos (see Table 1) and sells through two distinct channels of distribution. The Premium Prestige line...
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...TIMBERLAND THE SOCIALLY RESPONSIBLE MNE TABLE OF CONTENTS ABSTRACT 3 INTRODUCTION 3 1 A THEORETICAL FRAMEWORK ON CSR 4 1.1 Changing perceptions, CSR as a must 4 1.2 Stakeholders’ Theory and Social Contract 5 1.3 Carroll Theory 6 1.4 Positive and negative light of CSR 6 1.5 How to implement Corporate Social Responsibility in a MNE ....................................7 2 TIMBERLAND AND CSR 7 2.1 Brief history of Timberland 8 2.2 The path towards CSR at Timberland: “Commerce and Justice” 8 2.3 CSR at Timberland today: the 4 Pillars 9 2.4 Timberland CSR practices: two cases in evidence 10 Case 1: Timberland entering India 10 Case 2: Timberland in China and Vietnam 11 3 TIMBERLAND’S INTERNATIONALIZATION STRATEGY 11 3.1 Timberland’s internationalization process: an overview 11 3.2 Historical context fostering or hampering Timberland’s internationalization 13 3.3 An internationalization theory applied: The Uppsala model 14 4 ROLE OF CSR IN TIMBERLAND’S INTERNATIONALIZATION STRATEGY 15 4.1 Boosting company efficiency by educating workforce 16 4.2 Improving local performances by assessing Code of Conduct compliance 16 4.3 Strengthening international relationships by supporting local development 17 4.4 Spreading global image by involving communities 17 4.5 Financing international expansion by boosting shareholders’ endorsement 18 5 TIMBERLAND VS. COMPETITORS: CSR NURTURING COMPETITIVE ADVANTAGE 19 5.1 OLI theory: an application of Timberland’s...
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