Wednesday, May 13, 2020

Inventory and Time-based Logistics - 1057 Words

IBMS 406 Group I 1. What are the major business propositions for Woodmere and HomeHelp to consider in evaluating this proposal? Is time-based logistics the right strategy for each company? These are the major business propositions: * Information transmission system from POS data to manufacturing plant. * Inventory level control * The future perspective of annual growth * New business process * The initial investment on equipment, and additional cost The time-based logistics will be the right strategy for each company. The first reason is the sales information transmission which POS data clearly indicates the product’s demand from the customer to the manufacturer. It’s more accurate that a forecast. The second†¦show more content†¦The company will have the chance to have independent distributors with delivery programs that are flexible. The short major barrier that Home Help might face is the resistance to change .Owed to the fact that this is a company that is well-known and has been making huge profits, the management and even employees may portray great resistance to change. Some may be opposed to the idea of partnering with Woodmere Company. The long term barrier is the collaboration between the two companies. It means they will share the risks for each other and the communication of these two company, information transmission have to be considered. 3. If you were Woodmere’s top management what suggestions would you make to improve the current proposal for long-run viability? As a top window fashion manufacturer, keep a stable and close long-term relationship between manufacturer and customers are always essential. If Woodmere considered accepting HomeHelp’s proposal, from positive point of view, it would be good for Woodmere to share the risks with its partner. On the other hand, as we know that once the Time-Based Logistics system was implemented, the initial investment would be considerable. In the meantime, Woodmere would lose more traditional customers because of such a shift, especially those who do not see anyShow MoreRelatedLogistics Management : Logistic Management1710 Words   |  7 PagesLogistics Management â€Å"Logistic is the process of planning, implementing and controlling the efficient, effective flow of goods storage of goods, services and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirements† Logistics exists to satisfy customer requirements by facilitating relevant manufacturing and marketing operation. 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