...Executive Summary: Implementing localization with assessing the potential benefits and costs, the potential risks and the implementation plan have to consider historical aspects, geography, market, investments, human resources and supply chain as well. The North West Company is a leading community retailer to serve in the following regions: Northern Canada, Western Canada, Rural Alaska, The South Pacific and The Caribbean. Most of them are located in smaller; remote communities and generally not accessible by all-weather roads. Transportation is a considerable portion of North West’s expenses. With the goal of efficient logistic in mind, ordering was centralized, with input from the district and regional managers, and product was pushed to stores based on historical sales and forecast. Cooperation between North West Company with Giant Tiger Limited in 2001 which applied Pull Strategy System and the stores were growing well; This evidence made us to consider whether this pull strategy system overall would be more benefit than the current one. Based on the above reasons, I as a Director of Procurement and Marketing of North West Company decide to keep the current Push system innovatively such as realigned warehouse processing and shipping schedules, repositioning store location and distribution center on the remote communities and generally not accessible by all-weather road; and some of regional communities retailing that are generally accessible by all-weather road...
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...Executive Summary: Implementing localization with assessing the potential benefits and costs, the potential risks and the implementation plan have to consider historical aspects, geography, market, investments, human resources and supply chain as well. The North West Company is a leading community retailer to serve in the following regions: Northern Canada, Western Canada, Rural Alaska, The South Pacific and The Caribbean. Most of them are located in smaller; remote communities and generally not accessible by all-weather roads. Transportation is a considerable portion of North West’s expenses. With the goal of efficient logistic in mind, ordering was centralized, with input from the district and regional managers, and product was pushed to stores based on historical sales and forecast. Cooperation between North West Company with Giant Tiger Limited in 2001 which applied Pull Strategy System and the stores were growing well; This evidence made us to consider whether this pull strategy system overall would be more benefit than the current one. Based on the above reasons, I as a Director of Procurement and Marketing of North West Company decide to keep the current Push system innovatively such as realigned warehouse processing and shipping schedules, repositioning store location and distribution center on the remote communities and generally not accessible by all-weather road; and some of regional communities retailing that are generally accessible by all-weather road...
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...The North West Company Push vs Pull The North West Company Executive Summary: The North West Company is a leading retailer of food and everyday needs in rural Canada. They are currently using a “push” strategy with the category managers at headquarters analyzing trends, placing orders and allocating products to stores. Inspired by Giant Tiger’s pull system, North West management was considering giving store managers more control over their inventory ordering by moving to a “pull” replenishment strategy. Barry McLeod, Director of Procurement and Marketing, has been assigned with determining if this “Pull” strategy would be a better fit. In order to reduce the risk and capitalize on the benefits, North West should localize in the hands of Regional Retail Managers. This strategic change will be beneficial for North West as they would gain the required regional/store level knowledge while avoiding giving all the responsibility to local store managers and investing a large amount of dollars to support the pull system. Table of contents: Contents Issue(s) Identification 1 Environmental & Root Analysis: 2 Alternatives and/or Options: 3 Recommendation: 4 Implementation: 5 Monitor: 6 Issue(s) Identification The North West Company is experiencing inventory management problems with unsold inventory piling up as well as experiencing stock outs resulting in lost sales. They have not been able to increase their yearly inventory turns from 2.2, well short...
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...The North West Company Executive Summary: The North West Company is a leading retailer of food and everyday needs in rural Canada. They are currently using a “push” strategy with the category managers at headquarters analyzing trends, placing orders and allocating products to stores. Inspired by Giant Tiger’s pull system, North West management was considering giving store managers more control over their inventory ordering by moving to a “pull” replenishment strategy. Barry McLeod, Director of Procurement and Marketing, has been assigned with determining if this “Pull” strategy would be a better fit. In order to reduce the risk and capitalize on the benefits, North West should localize in the hands of Regional Retail Managers. This strategic change will be beneficial for North West as they would gain the required regional/store level knowledge while avoiding giving all the responsibility to local store managers and investing a large amount of dollars to support the pull system. Table of contents: Contents Issue(s) Identification 1 Environmental & Root Analysis: 2 Alternatives and/or Options: 3 Recommendation: 4 Implementation: 5 Monitor: 6 Issue(s) Identification The North West Company is experiencing inventory management problems with unsold inventory piling up as well as experiencing stock outs resulting in lost sales. They have not been able to increase their yearly inventory turns from 2.2, well short of industry averages....
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...have little or no influence over what is shipped to the store. In preparation for a meeting with Ken Claudel, Vice-President of Logistics and Supply Chain, identify the issues, look for alternatives on which to make recommendations and formulate an implementation plan. Specifically, you need to consider the following aspects: • The benefits of localization to the North West Company’s (NWC) suppliers and their customers. • The potential risks of localization to NWC’s suppliers, NWC and their customers. • An implementation plan that takes the necessary steps to capitalize on the benefits and minimize the risks. The challenge for NWC is to move to a supply chain strategy based on localization that involves the devolution of responsibilities from corporate headquarters to the store’s management. As such, consider the following aspects when forming your implementation plan: • Interorganizational information systems • Cycle time reduction strategies • Supply chain relationship development, and • Social responsibility issues Executive Summary Issues Identification Several key issues have been identified in North West’s current organizational supply chain. The first issue is the long lead times experienced for the purchase of general merchandise which is identified as all non-food items including but not exclusive to, home furnishings, apparel, and luggage. Although purchases from local and regional manufacturers have much shorter led times, the majority of merchandise is...
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...Executive Summary The North West Company is a leading retailer of food and everyday needs to rural and urban neighborhoods across Canada. They are currently using a “push” strategy, which the category manager at North West headquarters in Winnipeg analyzed trends, placed orders and allocated products to stores. Inspired by Giant Tiger’s example of a “pull” system in action, North West management was considering giving store managers more control over their inventory ordering by moving to a “pull” merchandise replenishment strategy — also known as localization. Using this “pull” system North West will need to invest $10 million in order to support the Open To Buy (OTB) for the retail stores managers. The issues North West are currently facing are they are unable to reach their annual inventory turnover rate target of 3.0 and money tied up in unsold inventories. In order to reduce the risk and capitalize the benefit of any changes North West should implement to localize certain product category in the hands of retail managers. This strategic change will be beneficial for North West instead of giving all the responsibility to local retail managers and avoid investing a large amount of dollars to support the technology for the pull system. The category manager will then produce product menu selections for retail store managers to choose items and quantity coming in to the retail stores. Issue(s) Identification The North West Company is experiencing inventory management problem...
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...i. The executive summary This report is going to focus on my initial business plan which is about a new estate agency named RG2 Estate agency. Partnership is chosen as our legal structure indicating that all partners are responsible for this business. Our objective is to provide satisfying selling and renting service to the public in London. At first, we collect the sources of property by advertising to people who want to sell or rent their properties through newspapers and internet. We also plan to cooperate with the education system and offer dormitories and home stay for students. Furthermore, we decide to rent six offices which locate in central areas in different parts of London. Our starting capital consists of each partner’s personal assets, bank loan and investment by anyone who is interested in our business. Finally, our budget is around ￡30,000 , 80% comes from partnership , 10% from bank loan , 10% comes from someone else. ii. The aims and objectives of the business For our services, we aim to respond our customers demand for properties satisfyingly and provide high quality estate agency services to the public. All the services are based on professional estate consult and intimate knowledge of property. For our social status, it is a start-up company for everybody so we aim to gain reputation in the first financial year and make normal profit in the following year then make profit in the third financial year. iii. The business...
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...EXECUTIVE SUMMARY (U) INFORMATION BRIEF–CULTURAL ANALYSIS ON PANAMA (U) (______________) Panama, known as the “Crossroads to the Americas”, is the southernmost country in Central America, located north of Columbia and south of Costa Rica. It is slightly smaller than the state of South Carolina. In both the east and west there are mountain ranges which develop into hills and dense jungle in the central part of Panama. Temperatures range from tropical and humid in the lower lying areas, to cool and pleasant in higher altitudes. The coasts are primarily lowlands with smaller islands located just off shore. The Panama Canal divides the country in half and connects the Pacific Ocean and Caribbean Sea. The population is about 3.5 million. The majority of the population is mestizo, 70%, which is a person with mixed European and Indian ancestry. The rest of the population is 14% West Indian, 10% white, and 6% indigenous. The indigenous population is composed of seven distinct groups which are the Kuna, Embera, Waounan, Ngobe, Bugle, Nassau, and Terribe people. The majority of the population lives in urban areas, with more than half the population living in the Panama City-Colon metropolitan corridor. The Roman Catholic faith is Panama’s predominant religion. Spanish serves as the official language but English is widely used in business and is spoken by most West Indians. About 75% of Panama’s income comes from the Panama Canal, banking, the Colon Free Zone, insurance companies...
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...Paints Industry Report June 15, 2011 SPA Securities Ltd. C o n t e n t s Executive Summary Industry Description Asian Paints Akzo Nobel Kansai Nerolac Berger Paints : : : : : : 01 - 01 02 - 05 07 - 12 14 - 19 21 - 26 28 - 33 Executive Summary Paint Industry Indian paint industry is in the sweet spot. Rising income and aspiration levels of young demography along with changing lifestyle has catapulted the demand for both repainting and fresh paints. Despite slowdown in FY09, paint industry reported robust double digit growth in last two years on back of higher demand. Going ahead, we believe demand scenario to remain strong backed by higher discretionary spend, increasing penetration, high construction activities and robust growth in auto & consumer durables industries. Paint industry has witnessed strong growth of 1.5-2x GDP growth since liberalization. There has been considerable reduction in average number of years required for repainting from 10-11 years 5 years back to 4-5 years now. This is the stark evidence of changing lifestyle with rising income levels. Repainting the home is not just a discretionary spend as it used to be as changing lifestyle resulted in people aspiring for cleaner and beautiful looking homes. Robust construction activities on back of higher housing demand has further boosted the growth of paint industry. The share of fresh paints in total demand has increased significantly in last decade on back of increasing urbanization and higher demand...
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...Table of Contents Executive Summary 3 Issue Identification 4 Slowing Growth in NAFTA Trade 4 Continuation of NAFTA Strategy versus Expansion into Latin America 4 Taking Advantage of Economic Growth in Asia and Emerging Markets 4 Expanding Overseas 4 Environmental & Root Cause Analysis 5 Slowing Growth in NAFTA Trade 5 Continuation of NAFTA Strategy versus Expansion into Latin America 5 Taking Advantage of Economic Growth in Asia and Emerging Markets 5 Expanding Overseas 6 Alternatives and/or Options 6 Slowing Growth in NAFTA Trade 6 Continuation of NAFTA Strategy versus Expansion into Latin America 6 Taking Advantage of Economic Growth in Asia and Emerging Markets 7 Expanding Overseas 7 Recommendations and Implementation 7 Slowing Growth in NAFTA Trade 7 Continuation of NAFTA Strategy versus Expansion into Latin America 7 Taking Advantage of Economic Growth in Asia and Emerging Markets 8 Expanding Overseas 8 Monitor and Control 8 Executive Summary Since Canadian National Railway Company (CN)’s privatization by the Canadian government in November 1995, CN has not stopped growing its sales, profits, cash flow and, as a result, market value. Privatization and deregulation of the rail industry led to some of CN’s success, but CN had to cut costs and increase revenues. Cutting costs meant reducing workforce and closing or selling unprofitable tracks. It also meant investing in more efficient rail equipment and technology. Increasing revenues required focusing...
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...Executive summary Ghana also known as the Republic of Ghana is a country located on the west corner coast of African continent with Ivory Coast to the west, Togo to the east, Burkina Faso to the north and Gulf of Guinea and Atlantic Ocean to the south. The word Ghana means “warrior king”. Ghana is a sovereign state with about 12 million citizens living in the both the rural and urban cities as well as towns and villages. The country receives an average of 258mm of rain annually and most of the region have the capability to handle the rainfall amount but the major cities such as Accra and Kumasi have seen a large immigration volume hence overload for the drainage system. Accra which is the capital of Ghana as well as other cities has become a perennial phenomenon. Urbanization, climate and reduced capacity of drainage channels, maintenance of garbage disposals, public attitude, erosion and sediment delivery, obstructions and damming of water bodies have contributed to annual flooding in the region. This annual flooding has created an appropriate environment for mosquito colonies which have become a major problem for the Ghanaian government. Mosquitoes carry the virus for malaria and when it rains, they are able to breed in these ponds, stagnant waters bodies that are created from the rain. The mosquitoes feed on warm bodies that is mostly animals and humans. When the mosquito bites a human, it transmits the virus into the person’s blood stream. Although not all mosquitoes...
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...Plan Of Work 1.0) Executive Summary 1.2) Situation Analysis 1.3) Market Analysis 1.4) Competitive Analysis 1.5) Company Analysis 2.0) SWOT Analysis 2.1) Strength 2.2) Weaknesses 2.3) Opportunities 2.4) Threats 3.0) Objective 3.1) Mission 3.2) Financial Objectives 3.3) Marketing Strategies 3.4) Marketing Mix 4.0) Action Plan 4.1) Product 4.2) Price 4 3) Distribution 4.4) Promotion 5.0) Financial Analysis 5.1) Sales Forecast 5.3) Marketing Expenses Budget 5.4) Control MARKETING PLAN FOR THE TRANSFORMATION OF MAIZE BY MARIA Co Ltd 1.0) GENERALITIES: Definition of Terms MARKETING PLAN Marketing Planning is a structure way of looking at the relationship between what an organisation has to" offer" and what the market need. It is therefore necessary to follow-up marketing options of an entire organisation(strategic planning) with many products or business units or it can be used to plan the marketing or a single product or service(marketing plan) or group of products. TRANSFORMATION: Transformation here is the act of changing maize into other forms of product. 1.1) EXECUTIVE SUMMARY Maria Co Ltd buy maize from rural areas in Cameroon FOR transformed it into product like; dry powder pap, cornflakes, can fresh corn, corn flour, animal feed, starch for dry cleaners and also sell the grains. All of these make up our product line. Maria Co Ltd sell its products to regions all over Cameroon and export some to neighbouring countries like; Central African Republic, Gabon, and...
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...Order of files: Filename | Pages | Comments and/or Instructions | MBUS 804 – Team Assignment | 18+ Cover Page | | Additional Comments: STRATEGIC BUSINESS PLAN for SANDRINGHAM INNS for the Period January 2010 to December 20xx ____________________________________________________________ _________________________ TABLE OF CONTENTS Executive Summary Section Page 1. Statement of Vision, Mission and Objectives 1 2. Identification of Major Clients and Markets 1 3. Positioning Statement 3 4. Key Performance Indicator Scorecard 4 5. Review of Major Environmental Factors/Trends 5 6. Key Success Factors for Industry 6 7. Major Strategic Issues (External and Internal) 6 8. Stakeholder Preferences 8 9. Summary of Anticipated Human Resource Requirements 9 10. Summary of Financial Impacts and Outcomes 10 11. Action Plans to Achieve Objectives 11 12. Summary of Major Risks 12 Appendices: 1. Strategic & Operational Health Assessment 2. Financial Calculations 3. Executive Team Changes and New Functions EXECUTIVE SUMMARY To come (1) STATEMENT OF VISION, MISSION & OBJECTIVES Mission Statement: To earn the loyalty of our guests by establishing internationally tailored inns run by a team of dedicated and talented people in an intimate, luxurious setting. Vision Statement: To establish an internationally recognized group of unique, high quality inns and hotels...
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... | |BUSM 4200 | Table of Contents Executive Summary 2 Mission Statement and Vision 4 1. 4 1.0 Political/Legal 4 2.0 Economic 4 3.0 Socio-cultural 5 4.0 Technological 5 5.0 Demographic 5 5.1 Geographical 6 5.2 Income Distribution 6 6.0 Global 7 7.0 Porter’s Five Forces 8 7.1 Bargaining Power of Suppliers 8 7.2 Bargaining Power of Buyers 8 7.3 Threat of Substitute Products 9 7.4 Threat of new entrants 9 7.5 Intensity of Rivalry among Competitors 9 8.0 Core Competencies 10 9.0 Porter’s Value Chain 11 9.1 Primary Activities 11 9.2 Supporting Activities 12 Executive Summary This report identifies and analyzes key information and issues about 'WestJet Airlines Ltd.' for business purposes. It examines the company's general and industry environments, its core competencies, and its value creation activities. Most importantly, the increase in demand for lower-priced air carriers coupled with its decentralized infrastructure and strong integrated strategy, has helped make WestJet the second largest Canadian airline by market share and one of the most efficient airlines in North America. As such, WestJet is in a strong position in facing the treat of major crises, like a global recession. The general environment presents major threats and opportunities for the airline industry...
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...North West Company Executive Summary North West Company is facing a unique situation where inventory turnover is way below the industry average, and there are gaps between actual customer demand and procurement process. The result is aging inventory and stock outs during peak season. Heavy discounts of up to 75% are provided to push the products to the customers. This contributes to revenue loss and decline in profits. Long lead times from 3 to 6 months also contribute to low inventory turnover as replenishment orders cannot be fulfilled during peak season. The localization strategy is helpful as it address issues of actual demand by the store managers, but there would still be a gap between actual customers and company and threats arriving from bullwhip effect. Also, long lead times would still exist after implementation of localization strategy. This issue would need to be addressed as well as fulfillment of orders during season needs to be done in case of stock outs. Accurate forecast development with collaborative efforts with customers would help reduce some dead stock and help in planning future stock products. Issue Identification Consistent low inventory turnover at North West Company is the primary issue which is way below the industry average that concerns the company decision makers to work on localization strategy or some other way which might help the company to reach target company turnover of 3.0 to 3.5. Currently the strategic focus is on push side, where...
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