This action increased the inventory levels to a large extent thus blocking the capital and increasing the overage costs. It is recommended to read guidelines before and after reading the case to understand what is asked and how the questions are to be answered.
Hence, the bigger picture of efficient inventory management and effective funds utilization while maintaining a high fill rate was being lost.
It is said Scientific glass case case should be read two times. Hence, centralization or outsourcing would be a better option in this respect. Also, manipulating different data and combining with other information available will give a new insight. Initial reading is to get a rough idea of what information is provided for the analyses.
However, the new entrants will eventually cause decrease in overall industry profits. However, the new shipment company being considered Global Logistics offered an additional facility of 1 day premium delivery apart Scientific glass case the 3 day regular shipment.
Unique selling proposition of the company.
Pest analyses is a widely used tool to analyze the Political, Economic, Socio-cultural, Technological, Environmental and legal situations which can provide great and new opportunities to the company as well as these factors can also threat the company, to be dangerous in future.
As the most important objective is to convey the most important message for to the reader. Following points should be considered when applying SWOT to the analysis: Barriers to entry that includes copy rights and patents. Alternative Options As can be observed, the company never emphasized too much on reducing the inventory costs until it started facing financial crunch inhibiting its expansion plans.
SWOT analysis helps the business to identify its strengths and weaknesses, as well as understanding of opportunity that can be availed and the threat that the company is facing.
Scientific Glass Case In the case study of Scientific Glass case, the production, distribution and inventory management systems of the company Scientific Glass case have been discussed. However, as a result, the warehouse managers began ordering more than the requirement in order to ensure fulfilment of the target for their region.
Any relevant strategy that can be added. Prior to that, it was more concerned with increased sales and customer satisfaction.
Product and services quality standards Threat from changing technologies Weakness that threaten the business. Therefore, it is necessary to block the new entrants in the industry. And its ratio with corruption and organized crimes. External environment that is effecting organization Problems being faced by management Identification of communication strategies.
Objectives of the organization and key players in this case. However, if we look at the delivery time, outsourcing gives an added advantage with the 1 day premium shipment facility provided by the Global Scientific glass case.
From the above points, it can be observed that most of the parameters are in favour of outsourcing the inventory management to Global Logistics. The case analysis has been divided into 3 sections. The company would be able to dedicate additional funds for expansion. There may be multiple problems that can be faced by any organization.
The demands of the West and the East could be pooled respectively and supplied from warehouses in each of these regions. Interesting trends of industry. Activities that can be avoided for Scientific Glass In. To analyze the business objective and its opportunities and threats, following steps should be followed: These forces are used to measure competition intensity and profitability of an industry and market.STEP 5: PESTEL/ PEST Analysis of Scientific Glass In Case Solution: Pest analyses is a widely used tool to analyze the Political, Economic, Socio-cultural, Technological, Environmental and legal situations which can provide great and new opportunities to the company as well as these factors can also threat the company, to be dangerous in future.
2 Scientific Glass, Inc. – Case Analysis Case Introduction Established inScientific Glass, Inc. (SG) is a privately held glassware company specializing in glassware specifically tailored to suit the needs of laboratories and research facilities%(36).
Scientific Glass Incorporated: Inventory Management Case Solution, Question 3 How would you evaluate the alternatives that are available to SG in terms of the options being able to. View Homework Help - Scientific Glass Case Excel Solutions from INSC at Texas Christian University.Revised 01/04/ Exhibit 1: Select Income Statement and Balance Sheet Values96%(26).
Scientific Glass, Inc. Annie Chun Chen, Allison Louie, and Helen Xue Company Background OM Problems & SG's Solutions Our Solutions and Recommendations Private, midsize company.
SCIENTIFIC GLASS, INC.: INVENTORY MANAGEMENT Candas Demir Onur Yilmaz Burcu Yüzüak JanuaryAnkara I. INTRODUCTION In this case study, production and operations management (POM) issues of a mid-s ize company, named as Scientific Glass Inc., in 5/5(1).Download