You are the operations manager of a large manufacturing company that produces widgets. Your widgets currently sell for $100 each. Your current cost to produce these widgets is $80.00 each. You have proposed a series of changes to the operations process that would reduce the cost to produce a widget to $64.00. The marketing manager of your company has proposed a marketing campaign that she believes will increase sales of the widget by 50%. The financial officer of the company has proposed a project which will enable the company to restructure their financing and reduce finance costs by 50%. The Board of Directors is meeting next week to decide which proposal to accept (They are only going to support one of the three proposals).
1.If you were a member of the Board, which of the above proposals would you support? Please provide your reasoning as to why you would support this proposal.
2.If you were asked to present to the Board the case for making changes to the operations process, what would be your main talking points?
3.Provide a scenario where you would recommend the Marketing proposal.
4.Provide a scenario where you would recommend the Finance proposal.
Attached Word document gives an evaluation of proposals and recommendations based on it.
Supply Chain for Time Restraint
Research an organization of your choice, and describe its supply chain. Your description should include a discussion of:
• Facilities (plants, distribution centers, etc.).
• Supply chain partners (third party providers, etc.).
Draw a schematic of the organization's supply chain with three associated flows:
In addition, research and discuss the following topics:
• Supply chain costs as a percent of sales.
• Modes of transportation throughout the supply chain network (air, water, surface, etc.).
• Types of warehousing (plant/warehouses, proprietary/private, etc.).
• Metrics to measure supply chain performance.
o Service levels
o Inventory turnover
o Their metrics
Finally, what supply chain improvements would you suggest for this organization?