Premium Essay

Produce Managêmnt

In:

Submitted By kehamhoc
Words 2281
Pages 10
| | |
| | |

Operations Management
MGT 6170

Final essay
Southern Toro Distributor

Student: Hoang Xuan Linh
Class: CMU 12A

Total pages: 10

Score

SECTION 1: CASE SUMARY

Gioe Melaney is the general director of Southern Toro – a subsidiary company included in the distribution system of Toron Coporation in Galveston, Taxas. The case concentrates on the conversation between Melaney and his son about the company’s inventory level and ways to manage goods orders of the upcoming spring seaso. So far, the company has changed the method of managing orders through purchasing the Rytech computer system, nevertheless, it seems that Joe Father has not totally trusted this system. Rytech system is expected to reduce the level of inventory by 30% through the method Economic Order Quantity (EOQ) applied in the period of re-ordering each product. This solution is based on the fact that Toro is now having three fixed ordering times in a year. However, Joe Father only trusts his market sensbibility. He always makes orders on the basis of previous consummption levels, and then adjusts goods quantities after receiving addtional inforrmation of the fluctuation in demands. Therefore, his inventory turnover is estimated to be at least 3 turns/year. At the moment, there is existing inefffectiveness in storage of two products : gear driven rotary whose sales have slumped recently and Monitor controller- the spare part has the function of insurance for several

Similar Documents

Premium Essay

Zhuangling

...The forth part of our presentation is the implication for the future.we separated it into three parts,for the supermarket themselves, for the retailing sectors and for the community.Firstly.,for the supermarket themselves,the scale of them will be bigger,the supermarkets will be more powerful and competitive through their expansion strategies.And then they will pay more attention to earn the customer loyalty. focus on the customer service from both physical and psychological.One example is the loyalty card.Wilkins said in 2012, loyalty cards designed to keep baskets full and customers faiths.these cards could not only use in the supermarket, but also an credentials for customers getting good services from them and some their collaborators. As we know,,for the big four,Tesco,Sainsbury and ASDA,these three supermarkets are now own their online-supermarkets.and acoording to the website of Morrison, it will release the online-supermarkets service in next month. So it clearly the trend of online-service will be certain seen. . Then.secondly,cause the rapid expansion of the supermarket.for the retailing sector.there will be little space for the traditional retailers living,the number of the local shops will be also declined.people will have less choices when they want to buy somet daily goods.,maybe just going in to the supermarkets. Thirdly,for the community,the supermarkets will have more closer links with the local government.they give financial supports to the local government...

Words: 336 - Pages: 2

Premium Essay

What We Eat

...What we put into our bodies is our choice. However, have you ever stopped to think about where the food you buy at the local supermarket comes from? When we think we are eating healthy are we really making the right choices? What about where does the food from the supermarket comes from? How did it get to the supermarket before it made its way into your shopping cart? These are all questions we want to think about when we make food choices. Not only do we want to make right choices but we also want our choices to have a positive outcome on our community. Supermarkets are usually stocked via grocery suppliers or grocery wholesalers. One of my local chain supermarkets, Shaw’s, has different vendors that they use. Their website does not list the different vendors but it has access to their policies and how they choose their vendors. A Consumers International report from July 2012 says that supermarkets buy from suppliers and then sell to consumers. Supermarkets have both retailer and buyer power which means they have influence on both suppliers and consumers. “The more supermarkets buy, the better terms they get. The better terms they get, the more they sell.” (Nicholson, C. & Young, B., 2012). If I were to purchase all the items for my meal, chicken, lemon, rice, mushrooms, greens, almonds, wheat roll, butter, milk, and apple crisp, from Shaw’s Supermarket I would not know where any of my items were being sourced from. I would not know how long...

Words: 1519 - Pages: 7

Free Essay

The Small and the Many

...think that the bigger the farming company is, the better they are. However, others think the bigger they are, the more damage they cause to the environment and the economy. There are so many different reasons for both of these opinions, but smaller farms are much more beneficial and practical than bigger, more elaborate, farms. As Bill McKibben says, “We’re moving, if we’re lucky, from the world of few and big to the world of small and many. We’ll either head there purposefully or we’ll be dragged kicking, but we’ve reached one of those moments when tides reverse” (McKibben). Smaller and more abundant farms are helpful because they can create more jobs, can yield more crops than bigger farms, are better for the environment, and they can produce healthier and fresher products to more people. The smaller farms are more abundant compared to the big industrial farms, which means the amount of transportation is less. This means that they do not have to use as much, or any, chemicals on their crops because the products will not be sitting around in boxes for as long as they do when they have to travel further. Bigger farms use chemicals to preserve the longevity of the crop and to terminate anything that would come in the way of the crop growing out its full capability. These chemicals are meant to kill things, and are potentially harmful to people if they are ingested in larger quantities. The lack of pesticides and preservatives guarantee fresher, more organic products. Fewer diseases...

Words: 1353 - Pages: 6

Premium Essay

Ffff

...Share Embed Like Public Sarah Talley and Frey Farms Produce: Negotiating with Wal-Mart No description by on 20 March 2014 • 1438 Comments (0) Please log in to add your comment. Report abuse Transcript of Sarah Talley and Frey Farms Produce: Negotiating with Wal-Mart Sarah Talley and Frey Farms Produce Frey Farm is a supplier of produce Frey Farm - Wal-Mart Cooperation Frey Farm started growing Negotiation with Wal-Mart Harsh weather conditions lead to high prices Looking at the future Sarah Talley and Frey Farms Produce: Negotiating with Wal-Mart Atmosphere Intermediate strategy Modes of Conflict Trust Building Model Background Collaboration Negotiation In 1997, Frey Farm became Supplier of Walmart Frey Farms & Wal-Mart Problem faced by both parties Negotiation strategy & approaches Future (Threats, challenges & opportunities) Presentation outline Sarah Talley accelerated the growth by selling produce Wal-Mart Co-Management was a concept developed by Wal-Mart In both cases, negotiation failed and Sarah Talley become a third party supplier GET STARTED Frey Farm wants to become a Co-Managed supplier Wal-Mart wants to offer local sourced produce at EDLP Objectives Market position Wal-Mart has superior bargaining power Perceived divergence of interests Conflict/Cooperation Power/Dependance Unbalanced power relationship Expectations Short-term: Wal-Mart demands lower prices Long-term: "Frey Farm wants to grow alongside Wal-Mart" Ideal position Interests and desires for both...

Words: 309 - Pages: 2

Premium Essay

Farmer's Market

...Farmer’s Market research http://www.ruralscale.com/resources/downloads/farmers-market-study.pdf http://www.thefoodtrust.org/catalog/download.php?product_id=158 Supermarket produce is not as fresh as farmers’ market fare. Some items are coated or treated to give the appearance of freshness. Supermarket produce typically loses nutritional value as it is transported from California or Peru. (One local supermarket puts a “locally grown” sign on produce that takes less than six hours to arrive by truck. While that’s a step in the right direction, I expect the Salisbury Farmers’ Market averages about twenty minutes.) Produce in supermarket bins tends to come from large producers who use heavy pesticides and petroleum-based fertilizers to provide “perfect” specimens for the consumer. (Supermarkets do typically carry certified organic produce which are not grown with certain pesticides and petroleum-based fertilizers. They are quite expensive and typically shipped across the country.) Produce in supermarkets tends to be varieties that ship well, but don’t necessarily taste good. You might imagine that attributes that help a tomato endure shipping abuse and a long shelf life may not be the same attributes that make for tender, tasty flesh. Let’s count the ways that supermarkets make most sense. First, they are incredibly convenient. Open 7 days a week and many 24-hours a day, supermarkets provide dependability and availability without fail. there are deals. More deals than...

Words: 275 - Pages: 2

Premium Essay

Case Analysis Sarah Tally

...Sarah Talley Farm Produce Submitted by Sudeshna Pande FT14273 Character profile of Sarah * CEO of Frey Farms (family owned business) * Began selling pumpkins at the age of 8 * Negotiated deals with retailers like Wal Mart who were entering the produce business * Has good business acumen to identify the trend in retail. Able to maintain amicable relationships with Wal Mart * Able to manage distributed produce operations * Passionate about the farm business * Go getter – Was able to secure the initial deal with Wal Mart extempore * Ambitious and ready to go after the big-fish * Recognized her company’s shortcoming in operations (to competitors) and her inexperience in business * Needed the Wal Mart contract for her business * She is on the weaker side of the negotiation table According to the case : * The business of watermelon * Seasonality – peak prices in May , June, early July (10-15 cents/pound) and off-season in July & August (4-5 cents/pound) * Adverse weather conditions and diseases seriously affect the produce of melons. * Watermelon prices are going up, but Wal Mart needed the prices to go down Recommendations (strategies ): * Fey Farm as a single entity has less power . But so do all the other competitors. Hence Sarah can building a coalition with all the melon producers in the region. * Emphasize on the fact that if Wal Mart wanted to satisfy its...

Words: 399 - Pages: 2

Free Essay

Product

...PROJECT IN PRODUCT MANAGEMENT JESSICA VILLAFUERTE BSBA 3206 Dual listed on the Mainboard of the Singapore Exchange and the Philippine Stock Exchange, Del Monte Pacific Ltd (DMPL) is the parent to a group of companies ("the Group") that caters to today’s consumer needs for premium quality, healthy food and beverage products. It innovates, produces, markets and distributes its products worldwide. DMPL acquired the consumer food business of Del Monte Corporation in the United States on 18 February 2014 (which has been renamed Del Monte Foods, Inc). This acquisition extends the footprint of the Group's business to the US and South America. It also acquired various trademarks for consumer products such as Del Monte, S&W, Contadina, College Inn, Fruit Naturals, Orchard Select and SunFresh. The Group now has exclusive rights to use the Del Monte trademarks for packaged products in the United States, South America, the Philippines, Indian subcontinent and Myanmar. The consumer product business that the Group acquired enjoys leading market shares for the US canned fruit and vegetable segments and number two position for the US canned tomatoes and broth categories. In the Philippines, the Group enjoys leading market shares for canned pineapple juice and juice drinks, canned pineapple and tropical mixed fruits, tomato sauce, spaghetti sauce and tomato ketchup. The Group also owns another premium brand, S&W, globally except Australia and New Zealand. As with Del Monte...

Words: 644 - Pages: 3

Free Essay

Abc the Just-in-Time Consumer

...BUSINESS NOVEMBER 23, 2010 The Just-in-Time Consumer By ELLEN BYRON Julia Robinson for The Wall Street Journal Rebecca Seabern in her destocked pantry. She is using groceries that she already has before buying more. Executives peddling wares from canned goods to cashmere say the shift in consumption habits is prompting them to change how they produce, package, price and deliver their goods. When the economy sank two years ago, Rebecca Seabern realized she could shrink her grocery bill just by eating into her crammed kitchen pantry. "I had eight boxes of lasagna in there and a year's worth of paper towels," says Ms. Seabern, a 31-year-old accountant and married mother of two in San Antonio. Today, Ms. Seabern still has her job, but her antipathy to hoarding hasn't changed. "I've stopped purchasing things just to have them on hand," she says, preferring to make bigger mortgage payments instead. The Great Depression replaced a spendthrift culture with a generation of frugal savers. The recent recession, too, has left in its wake a deeply changed shopper: the just-in-time consumer. Access thousands of business sources not available on the free web. Learn More For over two decades, Americans bought big, bought more and stocked up, confident that bulk shopping, often on credit, provided the best value for their money. But the long recession—with its high unemployment, plummeting home values and depleted savings accounts—altered the way many people think about the future...

Words: 2120 - Pages: 9

Premium Essay

Core Business Processes

...Business Functions Lasting Memories is a provider of specialty handmade bags. The bags are produced from the clothes of children near and dear to the customers. Customers can provide a special piece of clothing that they want to hold on to and Lasting Memories will make any kind of bag that they choose. The following section will provide an outline of the core business processes and the business functions that support them. Inbound Logistics: This department is responsible for obtaining the clothes that are needed to make the designer bags. They will buy sewing materials, zippers, straps, handles, lining, beads, buttons and and anything else that is needed to produce the bags. Since Lasting Memories is offering such a unique item there are many different supplies and materials that could be needed to produce these unique designer bags. Operations: In the operations business function they will be responsible for designing and assembling the bags according to customer specifications. They will work directly with the customer prior to production to come up with a layout of the kind of bag that they want. Customers will be able to order any extra items that they want to make their designer bag unique for them. The operations department will package the bag upon completion. Outbound Logistics: The outbound logistics business function will be responsible for the transportation of the bags to the customers. This department will make sure that the customers get their product...

Words: 702 - Pages: 3

Premium Essay

Ab/Inbev: a Sustainable Competitive Advantage

...! Anhueser-Busch/InBev: A Sustainable Competitive Advantage! ! Operations Management is a key component in the success of any firm. The textbook outlines ten critical areas to focus on for Operational Managers--many firms have developed these one or two of these areas into a competitive advantage. One firm, Anhueser-Busch/InBev has successfully incorporated all ten areas of focus and developed them into a legacy of quality and a sustainable competitive advantage. This focus on Operations Managemnt has lead to Ab/ InBev's reputation for quality, and their continued dominance as a global brewery.! Design of Goods! ! The design of goods/services defines a firm, and sets them up for success (or failure) in the market. In order to design a superior product, firms must first understand their customer— what their needs and requirements are. Anheuser-Busch/InBev has focused on developing a diverse portfolio of global brands to satisfy a myriad of customer needs; a few of their more recently-developed beers are actually based on customer suggestions and recipes. The AB/ InBev portfolio ranges from low-cost products such as Busch (which focuses on a costleadership strategy), while domestic brands such as Budweiser and Bud Light are a force to be reckoned with in the North American markets. Other brands such as Hoeegarden and Leffe appeal to craft beer consumers as well as global markets (a differentiation strategy). By customizing products to various consumer tastes, they are able to obtain...

Words: 978 - Pages: 4

Free Essay

Nestle

...Nestle: Sustaining Growth in Mature Markets Describe the characteristics of each of the following elements in the Current Competitive Landscape: Globalization, Technology, Knowledge, Strategic Flexibility, Quality, and Profit Pool. Nestle’ recognizes that increasing globalization is leading to the development of more and more international recommendations. Although, as a general rule, these recommendations are addressed to governments they inevitably impact on business practices. [ (Brabeck-Letmathe, 2004) ]. The internet is changing the way of doing business. It concerns business-to-business relations and also the Company’s interaction with consumers. In this respect nestle’ S.A. has an Internet Privacy Policy which is available on the Corporate Website. This policy aims to protect the privacy of the users; it covers, for instance, the accessing, deleting or correcting of information, the security of information, and relates also to tracking technologies [ (Brabeck-Letmathe, 2004) ]. Nestlé’s broad known of their products and laws that are required in order to design different product are impeccable. Needless to say one company has to know about water, using raw materials, nutrition for not only infants but everyone including animals. Nestlé’s knowledge of human rights gives them a strong understanding of strategic flexibility. Nestle’ recognizes that governments are ultimately responsible for the establishment of a legal framework for protecting human rights...

Words: 1293 - Pages: 6

Premium Essay

Case Study for Zara

...Case study Zara 1. 1.  ZARA is a Spanish clothing and accessories retailer based in Arteixo, Galicia.  Founded in 24 May ,1975 by Amancio Ortega and Rosalía Mera.  Zara needs just two weeks to develop a new product and get it to stores, compared to the six-month industry average, and launches around 10,000 new designs each year.  Zara was described by Louis Vuitton Fashion Director Daniel Piette as "possibly the most innovative and devastating retailer in the world.  1763 stores , 78 countries worldwide.  Zara has continually maintain its mission to provide fast and affordable fashionable items .  Inditex (Industria de Diseño Textil) of Spain, the owner of Zara and five other apparel retailing chains, continued a trajectory of rapid, profitable growth by posting net income of €€ 340 million on revenues of €€ 3,250 million in its fiscal year 2001.  Zara welcomes shoppers in 86 countries to its network of 1.763 stores in upscale locations in the world's largest cities.  Zara's approach to design is closely linked to their customers. 2. 2. Around the world Zara 1.763 Zara Kids 171 Pull & Bear 817 Massimo Dutti 630 Bershka 899 Stradivarius 794 Oysho 529 Zara Home 364 Uterqüe 91 TOTAL 6.058 Inditex is a global specialty retailer that designs, manufactures, and sells apparel, footwear, and accessories for women, men and children through its chains around the world. Zara is the largest and most internationalized of the six retailers that Inditex owns. By the end...

Words: 1804 - Pages: 8

Premium Essay

Hjhjhj

...INVENTORY MANAGEMENT SYSTEM CONTENTS • ACKNOWLEDGEMENT • INTRODUCTION • PURPOSE • INVENTORY INVESTMENT CONTROL • FACTOR THAT AFFECT INVENTORY MANAGEMNT • INVENTORY REPLENISHMENT • REQUIREMENT SPECIFICATIONS • DATA FLOW DIAGRAM (DFD) • ENTITY RELATIONSHIP DIAGRAM (ERD) • REFERENCES ACKNOWLEDGEMENT I am thankful to miss Maneet kaur for providing me the task of preparing the term paper on INVENTORY MANAGEMENT SYSTEM. I am at lovely believe in taking challenges and the term paper provided me the opportunity to tackle a challenge in the subject of data base management system. This term paper tested my patience at every step of preparation but the courage provided by my teacher helped me to swing against the tide and move against the winds. I am also thankful to my friends and my laptop to providing me help at every step of preparation of the term paper. INTRODUCTION You are in trouble if you have to keep telling customers, "I'm sorry we're out of that size. May we order it for you?" Even though the shirts are selling briskly, you will lose customers if you don't have an item in stock. When the customer spends, you have got to be ready with the goods. This is what inventory management is all about. In many retail and wholesale operations, the single largest asset is inventory. Control of this investment is vital. It will eliminate a number of the problems associated with capital shortages and will also provide capital to permit expansion of operations for increased sales and profit...

Words: 1639 - Pages: 7

Premium Essay

Whatever

...CHAPTER 1 INTRODUCTION 1.1 Company Profile PT Telkom Indonesia Tbk (Persero), or referred to as "Telkom", is the largest telecommunications services company in Indonesia. Formerly, Telkom known as Perumtel which then transformed into a limited liability company since November 1991. Telkom is a state-owned enterprise that operates in the telecommunications and network services sector in Indonesia. Given its status as a state-owned enterprise whose shares are traded on the stock market, the Government of the Republic of Indonesia is the Company’s majority shareholder about 52,6%, while the remainder of the Company’s common stock is owned by the public about 47,4. Telkom’s shares are traded on the Indonesia Stock Exchange (IDX), the New York Stock Exchange (NYSE), the London Stock Exchange (LSE) and publicly offered without listing in (POWL) in Japan. To run the business portfolio, based on the Board of Executive, Telkom classify subsidiaries into four groups, they are; cellular business led by Telkomsel, international business led by Telin, multimedia business led by Telkom Metra, and infrastructure business led by Telkom Infra. Telkomsel PT. Telekomunikasi Selular, abbreviated as Telkomsel, was established in 1995, manifesting the spirit of innovation to develop Indonesian telecommunications into a successful leader. To achieve this vision, Telkomsel continue accelerating its expansion of telecommunications network throughout Indonesia by simultaneously empowering the...

Words: 1742 - Pages: 7

Premium Essay

Human Resource Management Final Project

...resources as well as developing new, creative recruiting ideas. The Corporate Human Resources Recruiter will play a critical role in ensuring we are hiring the best possible talent. (Saez) Recruiting staff is a very costly exercise. It is also an essential part of any business and it pays to do it properly. An organization may have all of the latest technology and the best physical resources, but if it does not have the right people it will struggle to achieve the results it desires. For that reason, the recruitment and selection process can become an extremely costly exercise, so it pays dividends to do it properly. When organizations choose the right people for the job, train them well and treat them appropriately, these people not only produce good results but also tend to stay with the organization longer. In such circumstances, the organization’s initial and ongoing investment in them is...

Words: 2061 - Pages: 9