Dixon Audio Systems

In: Business and Management

Submitted By jessicajean
Words 373
Pages 2
Lesson 8 Chapter 7: Dixon Audio Systems

1. A supplier such as D&S can obtain several benefits from establishing a JIT with a buyer like Dixon.
Pros:
* Long term relationship * More cooperative * Single source vendors * Steady demand for product * Accurate forecasting
There are also reasons for D&S not to want to form a JIT relationship.
Cons
* D&S takes responsibility for all the supply * Business would be at risk if forecasting was done wrong, or poor performance * D&S would have to hire/appoint someone to place all orders for Dixon

2. Pros: * No longer has to worry about order timing * Improvements in quality * More reliable deliveries * Lower cost
Cons:
* Suppliers usually have multiple buyers, so the supplier could leave the buyer * Dixon worries that D&S could leak new product promotions to competitors * No longer has the ability to negotiate price

3. Some concerns that should be taken into consideration by Dixon are whether D&S will be able to handle the amount of needs Dixon has. Also they need to know that D&S will be able to uphold the quality and timing requirements set in front of them. Dixon should also make sure that the employee D&S provides to them will be trustworthy and will not leak the sensitive company information. They should also be concerned with whether they are committing to a price that is higher then the rest of the market. By making D&S the sole provider they could pull a fast one over on the company and charge them a ridiculous amount of money.
D&S need to understand the full liabilities if they are taking on. They need to know all of their responsible for poor quality or missing orders for the buyer. D&S needs to be concerned with the assurance they have to the agreed price. They need to insure the price…...

Similar Documents

City of Dixon Embezzlement

...Paper City of Dixon Embezzlement 11/6/2012 ACC 235 Growing up in a small town, Rita Crundwell spent most of her life very close to the town of Dixon. She was from a well brought up, hard working family and was one of six children. Her family was very interested in horses and would participate in horse shows while the children were growing up. Rita was an honors student while in high school, landing in the top 20 out of 300 students who were in the National Honors Society (Smith, 2012). Although she graduated high school, Rita did not continue her education. The reason being that while in high school, she landed a part-time job at City Hall. Darlene Herzog, who was Dixon’s comptroller at the time, convinced Rita to stay with City Hall because she caught onto everything so quickly and was a great asset to the team. Through her hard work, Rita was able to advance herself, moving from secretary and then to treasurer. After 12 years of working with City Hall, in 1983, she replaced Darlene Herzog, who had to retire due to health problems. This placed Rita at the top of the financial department of City Hall, being named both the treasurer and the comptroller. It was the start of what would eventually lead her to be taken out of her office in handcuffs almost 30 years later. Dixon is a small town in the northern part of Illinois. It has a population of nearly 16,000 and was never rolling around in the excess money the town owned. In fact, Dixon had a......

Words: 3205 - Pages: 13

Dixons Retail Case Study

...Dixons Retail PLC Planning for a Multichannel Future Dixons has grown from a one-man band into a fully orchestrated international retail and service operation, which attracts over 100 million shoppers to its stores and online businesses. How did the company get started and then develop into Europe’s leading specialist electrical retailers? This case explores the significance of adopting a market-orientated approach to planning in developing a family of successful international retail brands. Background: start-up to market leader Dixons started out in the photography business during challenging trading times in the early 1940s. By the 1960s the original photographic studio had developed into a relatively large public limited company, with an expanding mail order business and high street retail operation. The business continued to grow in the UK, by opening high street stores selling photographic equipment, computers and other high-tech gadgetry. In the 1990s, the acquisition of PC World, opening tax-free travel stores in airports (Dixons Travel), and expansion into European markets with the acquisition of Elkjøp, a leading Nordic retailer, enabled the business to grow further and more rapidly. More acquisitions in Italy (UniEuro), Russia and the Ukraine and expansion into Ireland, Greece and the Czech Republic enabled Dixons Retail plc to become Europe’s largest specialist electrical retailer and services company, which employs over 38,000 people spread over 26 countries...

Words: 2545 - Pages: 11

Dixo Audio Systems

...Answers to Textbook Case – Dixon Audio Systems 1. Identify the pros and cons of a JIT relationship from a supplier’s point of view. A supplier such as D&S can obtain several benefits from establishing a JIT relationship with a buyer such as Dixon. Usually, such relationships are longer term, more cooperative, and with a small set of vendors. D&S will then have a more certain, steady demand for their product. They should also have more accurate forecasts further into the future. Besides these demand benefits, D&S could improve its production and distribution efficiency. Better knowledge of the size and timing of orders would allow them to plan operations more efficiently. As they are responsible for much of the ordering, they can better coordinate their operations with the order cycles. However, D&S does have some reasons to be concerned also.. The relationship shifts supply responsibility to D&S. The guaranteed business would be at risk if D&S were to forecast or perform poorly. Further, the responsibility for placing orders in now a D&S paid employee. 2. Identify the pros and cons of a JIT relationship from a buyer’s point of view. A buyer, such as Dixon, can obtain many relationships from a JIT relationship with a supplier. Order timing becomes the responsibility of the vendor. Quality should improve and deliveries should become more reliable. Through better coordination, the supplier’s costs should improve, which may eventually be reflected in......

Words: 458 - Pages: 2

Dixon

...Harvard Business School 9-298-165 Rev. June 8, 1999 This case was prepared as the basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative situation. It is a rewritten version of an earlier case entitled, “American Chemical Corporation,” HBS no. 280-102. Copyright © 1998 by the President and Fellows of Harvard College. To order copies or request permission to reproduce materials, call 1-800-545-7685 or write Harvard Business School Publishing, Boston, MA 02163. No part of this publication may be reproduced, stored in a retrieval system, used in a spreadsheet, or transmitted in any form or by any means—electronic, mechanical, photocopying, recording, or otherwise—without the permission of Harvard Business School. 1 Dixon Corporation: The Collinsville Plant In June 1979, American Chemical Corporation announced a tender offer for any and all of the shares of the Universal Paper Corporation. American was one of the largest diversified chemical companies in the United States (Exhibit 1). Universal was a large paper and pulp company (Exhibit 2). Universal’s management opposed the takeover and, among other things, sued in federal court to have the tender offer blocked on grounds that American’s acquisition of Universal would violate the Clayton Act of the U.S. antitrust laws. Both firms engaged in the production of sodium chlorate. Universal alleged that its acquisition by American would substantially......

Words: 295 - Pages: 2

Dixon Corporation

...1. Should the Board of Directors of Dixon Corporation approve the purchase of the Collinsville plant from American Chemical? The plant location and sodium dioxide product is a good fit for Dixon. Dixon could use its existing infrastructure for Collinsville’s products and it fits well with Dixon’s overall strategy. However Dixon’s future success does not hinge on this deal. This deal financially is dependent on two things: the capital structure of the company and the viability / installation timing of the laminate technology. We believe the capital structure should be 10% debt to match the structure of the comparable NaCl producers like Brunswick and Southern. Without the laminate, this is not a financially sound deal. With the laminate, this is an attractive deal. The laminate development plan, however, is very aggressive and we feel there is too much risk of possible installation delays (or technology issues) which outweighs its possible financial benefits. Therefore, in summary, we would NOT recommend this purchase. 2. What is the cost of capital (WACC) for the Collinsville plant? We assumed that the target capital structure based on comparable companies is 10% debt. The calculated WACC is 16.88%. 3. What are the relevant cash flows for the Collinsville plant? Please see the attached financial analysis for FCFcap for details. We calculated EBIAT using an implied 48.7% tax rate from Dixon’s financials and added back in depreciation, Capx, and net......

Words: 539 - Pages: 3

Dixon

...Dixon 1. Why do you think that the Chinese apparently have a cost advantage in the production of pencils? Answer: Chinese apparently have a cost advantage due to the amount that they can sell pencils at. It may be due to the domestic competition, a rebate the Chinese offers for exports of pencils, and the lowering of duties that where imposed by the U.S. Department of Commerce. Also, the Chinese continued to find ways of lowering cost, increasing technology, and their know-how in making pencils. 2. Do you think that lobbying the U.S. government to impose antidumping duties on imports of pencils from China is a good way to protect American jobs? Who benefits most from such duties, who loses? What alternative policy stance might the government take? Answer: The U.S. pencil industry began lobbying the U.S. government to impose antidumping duties on Chinese pencil imports in the early 1990s. At the time, the industry was watching its market share being eroded by Chinese producers that were exporting low-priced pencils. Most students will probably agree that the imposition of duties by the U.S. government was nothing more than a stop-gap measure. In order to compete, U.S. producers needed to become more efficient and innovative. While the duties protected U.S. producers and workers in the short-term, they also harmed consumers who had to pay higher prices for pencils. Some students may suggest that rather than imposing duties, the government might have provided......

Words: 348 - Pages: 2

Audio Convergence

...Audio Recording Convergence and the Digital Age Final Project Abstract With information technology advancements and a more computer savvy world, the audio recording medium and digital medium have merged, changing the sound recording industry forever. This convergence has blurred the line between professional and amateur sound recordings. Technology has made new products smaller, feature rich and more affordable where anyone can record their music and offer it on the web for the whole world to enjoy. This medium convergence has closed the gap between musicians and listeners and brought forth a famine in the recording industry, which in turn, has brought new opportunities to the dying market. What does this mean to us? In short terms, with new digital formatting software available to anyone, the compression of music waves, and the technological advances, the recording industry is struggling to stay afloat. This statement is pretty remarkable, being that the world’s leading recording engineers are having difficulties keeping business alive with the evolution of technology. It is evident, recording engineers need to step backwards to differentiate themselves and find better innovative ways to keep the recording business profitable. This transformation in the world of recording, is affecting all of us as both consumers and producers of audio content. The following research paper discusses these convergence changes with a short look into......

Words: 1562 - Pages: 7

Dixon

...AMERICAN CHEMICAL CORPORATION 1. Executive Summary Dixon, an American specialty chemical producer, wants to buy Collinsville plant from American Chemical Corporation, another typical chemical company in 1979. Dixon wants to diversify its product line buy acquiring the aforesaid plant, which produces sodium-chlorate to supply to paper producers in Southeastern part of the US. This plant initially cost 12 mln. USD and additional 2,25 mln. USD needed to buy laminate technology to increase efficiency and profitability of the plant in order. Dixon has conducted thorough marketing research for the industry providing cash flow analysis on purchase of the plant. The cash flow analysis based with and without laminate technology cases, where the company should decide whether it should go on further to buy that plant and technology. 2. Calculating of WACC 2.1 Assumptions for calculations in the case: l Plant life is 10 years (p.4) l Salvage value of plant is 0 (p.4) l Book value of plant at end of 1979 is 10.6 million (=12 million purchase price - 1.4 million working capital) l Tax rate is 48% (calculated from Exhibit 7) l For the period from 1980 to 1984: all data of sales, depreciation and manufacturing and other costs are given in the case (Exhibit 8) l For the period from 1984 to 1989 we use the below assumption: - Price growth rate is 8% (p.4) - Power cost growth rate is 12% (p.4) - Net working capital is always 9% of sales (Exhibit 8, current asset and......

Words: 380 - Pages: 2

The Dixon Group

...Executive summary: This is report on the basis of the case study of the Dixon group, a market giant in the field of electronic and electric goods. This reports contain a brief analysis on the numerous part. And the answer was done on the basis personnel judgement and research. This report is done generally on the Dixon group’s member and the change happen by them to the whole Dixon group. The changing aspects on the company, stockholders and employees. The research methodology is personal research and on the data collection of the internet and websites. Further analysis was done to complete to give the shape of the report. Introduction: The Dixon group is giant company with its five members in the electronic industry of the England. Pc world, curry, master care and the link are the part of Dixon group. All the members are possessed by the Dixon Company in later. This company wanted to be the giant in the electronic and electrical product. To reach the goal it bought the other four company who are emerging stars of the field. Main motto of the Dixon group is to “make things work and keep them working”. For this reason it hired the master care to support the after sale services in the customer. And this group is establishing itself in the market every day. Task 1 1.1 Features of Dixon group showing continues improvement: From the above case study some clear ideas are generated about the company. This company group possesses electronic and electric goods and this goods......

Words: 2533 - Pages: 11

Dixon Case

...To. June 28, 2011 The President, Dixon Company [LF]     RE:  “Same Old Stuff”  Dear President, “The pay was good, and so were the benefits, but Dixon was not perceived as a great place to work.”     All your 30 employees are equally skilled people who do not want their skills to be kept under the hood. Owing to which, your workers are still low in morale. Just the good pay and the benefits is not enough keep your employees happy and motivated. They were dissatisfied with their job functions before the formation of the teams. “They never knew which tasks they were going to be assigned to and they did not like it”. The change in your organization’s structure then had been a good move. It was good to observe the fact that grouping in to teams and assigning tasks separately to each team has solved your problems of absenteeism and lateness to work and that there has been increase in your productivity too. To keep your employees motivated, their job characteristics have to be intensified and the jobs have to be redesigned in each team. Currently, each of the 5 members in the team delegate tasks among themselves. Assigning a good highly motivating team leader for each team will be beneficial. The Team leader will be chosen by its team members. The team leader will not only supervise the team but also makes sure that there is continuous job rotation in the team. Giving...

Words: 594 - Pages: 3

Nice Audio

...NICE AUDIO HEADPHONES INC.-BUSINESS PLAN Name Instructor Institution Date Table of Contents Executive Summary………………………………………………………………………………3 Business Description……………………………………………………………………………...3 Opportunity……………………………………………………………………………………….4 Industry and market analysis……………………………………………………………………...4 Market analysis………………...………………………………………………………………….5 Competitive analysis………………………………………………………………………………6 Marketing strategy………………………………………………………………………………...7 Human Resource Requirements…………………………………………………………………...9 Startup Costs…………………………………………………….……………………………….10 Sales and Financial Projections………………………………………………………………….12 Recommendations………………………………………………………………………………..18 Conclusions………………………………………………………………………………………19 References………………………………………………………………………………………..20 Executive Summary The business name is Nice Audio Headphones Inc. and it will be located in Louisiana, New Orleans in the East Coast of the United States. Its key activities will be marketing and provision of audio products, which entails the provision of audio devices for customers to use in mp3 players, smartphones, laptops and tablets among others. Being a technology industry, the business will be registered by the United States’ Registration Authority; RA, which regulates products from companies. Nice Audio Headphones Inc. will be facing stiff competition (hyper competition) from other established businesses which offer audio products since the technology industry is quickly progressing as......

Words: 3300 - Pages: 14

Nice Audio

...NICE AUDIO HEADPHONES INC.-BUSINESS PLAN Name Instructor Institution Date Table of Contents Executive Summary………………………………………………………………………………3 Business Description……………………………………………………………………………...3 Opportunity……………………………………………………………………………………….4 Industry and market analysis……………………………………………………………………...4 Market analysis………………...………………………………………………………………….5 Competitive analysis………………………………………………………………………………6 Marketing strategy………………………………………………………………………………...7 Human Resource Requirements…………………………………………………………………...9 Startup Costs…………………………………………………….……………………………….10 Sales and Financial Projections………………………………………………………………….12 Recommendations………………………………………………………………………………..18 Conclusions………………………………………………………………………………………19 References………………………………………………………………………………………..20 Executive Summary The business name is Nice Audio Headphones Inc. and it will be located in Louisiana, New Orleans in the East Coast of the United States. Its key activities will be marketing and provision of audio products, which entails the provision of audio devices for customers to use in mp3 players, smartphones, laptops and tablets among others. Being a technology industry, the business will be registered by the United States’ Registration Authority; RA, which regulates products from companies. Nice Audio Headphones Inc. will be facing stiff competition (hyper competition) from other established businesses which offer audio products since the technology industry is quickly......

Words: 3276 - Pages: 14

Dixon Ticonderoga Victim of Globalization

...Dixon Ticonderoga Victim of Globalization [pic] [pic] by Tapiwa Chibota & Clay Clifton Afro American Dixon Ticonderoga – Victim of Globalization Date: Class Name: Instructor Name: Contents Executive Summary 3 Situation Analysis 4 Research 5 Strategic Alternatives 6 Recommended Strategy 8 Implementation 9 Appendix 1 10 Appendix 2 11 Work Cited 12 Executive Summary “ We are moving rapidly away from a world in which national economies were relatively self-contained entities, isolated from each other by barriers to cross-border trade and investment; by distance, time zones, and language; and by national differences in government regulation, culture, and business systems.”(Hill, 4). The company was founded in the 1870 by Joseph Dixon as The Joseph Dixon Crucible Company. He introduced the No. 2 yellow pencil to the United Sates, and came to be the world’s largest dealer, and consumer of graphite world wide What began as a small business in Salem, Massachusetts with the discovery of graphite as a stove polish and an additive in lubricants, foundry facing, brake linings, oilless bearings, and non corrosive paint and manufactured lubricants soon expanded nation wide with annual revenues of a hundred million dollars and more. In 1982 Joseph Dixon Crucible merged with Bryn Mawr Corporation forming the Dixon Ticonderoga Company (www.dixonusa.com). However, in 1990 business was not as easy (refer to Appendix...

Words: 2286 - Pages: 10

Audio Electronics

...Troubleshooting Electrical Circuits EET-110 Research Paper Prof. Jeevan D’Souza I pledge to support the Honor System of ECPI. I will refrain from any form of academic dishonesty or deception, such as cheating or plagiarism. I am aware that as a member of an academic community it is my responsibility to turn in all suspected violators of the honor code. I understand that any failure on my part to support the Honor System will be turned over to a Judicial Review Board for determination. I will report to a Judicial Review Board hearing if summoned. Signature: Gary Martin- 1/17/2016 Narrative My Topic for this research paper is Troubleshooting Electrical Circuits. I have a little experience with troubleshooting and maintenance of electrical circuits. I used to work in maintenance for a gentleman that owned twelve Burger Kings in my area. It was a very busy job, especially with regards to electrical issues. These Burger Kings had a lot of equipment, signs and electronics that required electrical power. Most of the equipment required extreme heat and for extended periods of time. When I started the job, I would go into one of my BK’s and the first thing I would do with an electrical issue was to test the issue to see what results I might get, most of the time the equipment just didn’t work at all. I would then go turn off the power to the equipment but, first I would make sure the breaker wasn’t thrown and the equipment had been properly plugged in to the power......

Words: 2900 - Pages: 12

Dixon Corporation

...Meier, 1 Dixon Corporation: The Collinsville Plant (Abridged) Case Analysis Prepared by Renee Meier, Cohort B November 12, 2010 Prepared For Brett Hunkins MBA 634: Measurement II Richard DeVos Graduate School of Management Meier, 2 Dixon Case Analysis Introduction Dixon Corporation, a specialty chemical company is considering the purchase of a sodium chlorate plant in Collinsville, Alabama. This opportunity will allow Dixon to expand its market and product line. Because of the location of the plant and its’ current market share, the Collinsville plant seems to be a good fit with the current business already established at Dixon. Dixon has a successful track record in the specialty chemical business and is evaluating the impact of the purchase. A case analysis is provided to understand the financial implications and to determine under what conditions the purchase should be made if made at all. The Collinsville plant is being sold by American Chemical Company as a condition of their purchase of Universal Paper. They are eager to sell. The asking price is $12 million and they are offering new laminate technology for an additional $2.25 million. The technology has not been fully implemented and is expected to roll out in late 1980, almost a year after the original purchase. American Chemical has pledged product information and technical support throughout the year with full support upon roll out. The case is prepared with two scenarios: Purchase of the......

Words: 2029 - Pages: 9