...CASE SUMMARY Summit electric supply is one of the top wholesale industrial electric distributors in US. The product range is from basic commodities to sophisticated electrical components. It provides many value-added services that help electrical contractors purchase electrical supplies efficiently. Founded in 1977 in Albuquerque, New Mexico and has grown very quickly. Unfortunately, its old legacy information system could not keep up with the business. The old system could no longer process its nightly inventory and financial updates. Summit needed a system that could handle a very large number of SKUs. Changed to new system ERP which is SAP that would require improve its business process and the way people worked. 1. Which business processes are the most important at Summit Electric Supply? Why? Paybacks and Charge backs For Summit Electric keeping track of the vendor cost recovery programs, validity dates, and associated SKUs using outdated legacy systems was a daunting task; complexity creates costs and errors. As Summit Electric grows exponentially, they needed an ERP system that measured orders and inventory at the growth pace and also reduce costs and errors. With this software solution, Summit Electric can capture charge back data; manage claims, control varied and changing charge back agreements. The application ultimately changes paybacks and charge backs management to a systematic and effective methodology. Supply Chain Management The company is known...
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...Summary Summit electric is one of the prominent industry for the wholesale Electric equipment in the United State. There are almost 500 employees working with this large company. Summit electric was found in 1977, New Mexico. The company has reached higher rank in the united states for the selling the electric equipment after the company came to the market. Summit electric plays a role as a middleman for supplying and manufacturing the good of electric. Summit was continuing to grow and was beginning the outgoing the legacy information system that were built in 1980. Summit SAP software also produce a significant return on investment from automating sales tax processing and chargeback. As we talk about chargeback, it is a most important and large part of the wholesale distribution channel of equipment in profit model. In that situation summit electric was losing the revenue opportunity only because of its chargeback process was damaged and the other reason was reporting ability was incomplete. In addition, summit workers have to work on opening through client’s bills for particular manufacturer to identify which chargeback the company could claim. By the sometime the vendors of the summit electric responded to the chargeback invoices, as per talk the bills were three of four months old. In that case as a part of ERP solution, summit electric putted the SAP paybacks and chargeback application and this application was specifically for the vender industries. The SAP system NEW...
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...SUPPLY AND MAGAZINE DISTRIBUTOR In Partial Fulfillment Of the Requirements for the Degree of Bachelor of Science in Computer Science By: Artates, Lynse L. Pagatpat, Bonn Martin S. Piamonte, Joie Ara Mari C. Tupaz, Sieg Wilfred A. Mr. Michael Ellis Thesis Adviser October 2012 1.1. Introduction The used of manual processes in business has decline since the rise of computerized and automated systems. And in fact, nowadays, the use of computer-based business system has become prevalent all throughout the developed and developing countries around the world due to the increased productivity and efficiency of data processing. In the case of Montejo Newspaper Supply and Magazine Distribution they are currently using the manual sales and inventory system wherein computing for these are done manually. But in dealing with these transactions, accuracy, reliability and speed of human skills in performing these transactions are limited because clerical errors are often inevitable. Because of these, they accepted our proposed system. With the Montejo Newspaper Supply and Magazine Distributor, the tracking of sales, controlling of inventory, recording of products, calculating of numerical data and searching, sorting and filtering of item will translated into an automated process which considers speed accuracy, orderliness and maintainability of the system. Computerized Management and Monitoring System for Montejo News Paper Supply and Magazine Distributor I-2 1.2. Statement...
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...Business Plan Of Summit Rx Inc Table of Contents 1.0 Executive Summary 3 1.1 The Products 4 1.3 Mission Statement 5 1.4 Management Team 5 1.5 Sales Forecasts 6 1.6 Expansion Plan 7 2.0 Company and Financing Summary 8 2.1 Registered Name and Corporate Structure 8 2.2 Financial Position 8 2.3 Investment 10 2.4 Management Equity 10 3.0 Products and Services 11 3.1 Online Sales of Products. 11 Baby Care 11 Grocery 11 Personal Care 11 OTC Medicines 11 Cosmetic 12 Fitness Centre 12 3.4 Shipping and Handling Fees 12 4.0 Strategic and Market Analysis 13 4.1 Economic Outlook 13 4.3 Customer Profile 13 4.4 Competition 14 5.0 Marketing Plan 17 5.1 Marketing Objectives 17 5.2 Marketing Strategies 17 5.3 Pricing 18 The Company believes in healthy Competition, so we will offer our Products at competitive Price. The Company will offer discounts on the large order or at wholesale Quantity. 18 6.0 Organizational Plan and Personnel Summary 18 6.1 Corporate Organization 18 6.2 Organizational Budget 19 6.3 Management NOTE: 20 7.0 Financial Plan 23 7.1 Underlying Assumptions 23 7.2 Sensitivity Analysis 23 7.3 Source of Funds 24 7.4 General Assumptions 24 Monthly Sales Revenue (PROJECTED) 25 Yearly Sales Forecast 26 7.5 Profit and Loss Statements 27 Executive Summary The Summit, RX Inc. (hereafter, “The Company”) business plan provides the structure and focus against which we can measure future financial...
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...roles of managers that Henry Fayol discussed, Lascelles Chin is a people person, he provides food items for Jamaicans and Caribbean neighbors. Mr. Chin is a manager who supports his staff’s professional and personal development. His accomplishments have provided a great deal of motivation and inspiration for his staff and others. Form owning his first business in 1961, which was named National Trading Company, to date he operates a number of other businesses which includes, Soft Sheen Exotic Farms Limited, Lasco Foods Limited, Lasco Distributors, Lasco Properties, Lasco Financial Services, Lasco Barbados and Summit Development and this is just to name a few. Lascelles Chin clearly defined his goals in terms of what needs to be achieved and the timeline in which this should be achieved. In 2010 three of his Lasco Affiliates recorded increase in revenues. Lasco Manufacturing revenue was 186M, Lasco Financial Services Ltd 11M and Lasco Distributors Ltd 341M. This was achieved within six months, and brought the company’s net profit to 1.43B compared to 1.23B for the previous year. It is through his ability to coordinate the activities of the company and also motivating his worker that he was able to achieve this success. Mr. Chin was a good leader as he made sure to motivate his staff by awarding employee of the month and different activities that the staffs are able to participate in. Leader: Martin Luther King Jr. Pastor and Civil Right Activist Born Michael Luther...
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...Karachi School For Business & Leadership | MBA Class Of 2016 | Weekly Schedule for September 22nd till September 28th , 2014 | | | | | | | | | | | Term I - Week Two | Monday September 22nd | | 08:30 – 08:55 | Group DiscussionFinancial Reporting & Analysis I Break Out (1-6) | | | 09:00 – 10:30 | Financial Reporting & Analysis I Dr. Zeeshan Ahmed Venue (Lecture Room 1) | | | | Topic : 1) Long lived assets and their amortization | | | | Case : 1) Depreciation at Delta and Singapore Airlines | | | | Reading : 1) Long-lived Fixed Assets | | | 10:30 – 10:45 | Tea Break | | | 10:45 – 11:10 | Group DiscussionMarketing Management I Break Out (1-6) | | | 11:15 – 12:45 | Marketing Management I Dr. Jawaid Abdul Ghani Venue (Lecture Room 1) | | | | Topic : 1) Brand Extensions | | | | Case : 1) Flare Fragrances | | | | Reading : 1) Ch 7: Identifying Market Segments and Targets | | | 12:45 – 13:45 | Lunch & Prayer Break | | | 13:45 – 14:10 | Group DiscussionManagement Practice Break Out (1-6) | | | 14:15 – 15:45 | Management Practice Dr. Rizwan Amin Sheikh Venue (Lecture Room 1) | | | | Topic : 1) How to Create Motivation in Organizations | | | | Reading : 1) HBS Note: The Motivation for Creativity in Organizations | | | 15:45 – 16:00 | Break | ...
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...The Coca Cola Company- Midterm MGMT 330- Principles of Leadership and Management The soft drink Coca Cola as we know today was created by a pharmacist by the name of John Pemberton. One day while he was experimenting with a new recipe, he created a syrup, which he believed was tasteful. This syrup was taken to Jacobs Pharmacy in Atlanta, Georgia, May 8, 1886. Pemberton added the syrup to carbonated water because at the time it was believed to help cure health issues. This new drink became popular that Pemberton was able to sell nine drinks a day at 5 cents per glass. From that point on, the greatest refreshment of all times was invented. Dr. Pemberton’s accountant helped create name and logo what is known today. In 1888, the secret formula was sold to a business man by the name of Asa Candler. He soon began to produce, distribute, and advertise Coca Cola. For many years the soft drink was only served in soda fountains, until two business men sold the idea to Chandler to sell Cola in glass bottles. This way everyone would be able to enjoy it not only at the parlors but in their homes as well. A few years later the design of the contour bottle was produced in order to authenticate the beverage from its competitors and imitators. At the start of the 21st century, The Coca Cola Company began expanding their company, distributing their soft drinks to different countries. Not only does the company produce soft drinks, it also produces: bottled water, children’s...
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...T E AM B E A C H B O D Y ® S U C C E S S C L U B T E AM C H A L L E N G E 2011 OFFICIAL RULES S P O N S O R E D B Y : B E A C H B O D Y , LLC 1. Challenge Period: The Success Club Team Challenge 2011 begins on July 1, 2011, at 12:00 AM Eastern Time ("ET"), and ends on August 31, 2011, at 11:59 PM ET (“Challenge Period”). The Challenge Period includes several separate but related challenges and two (2) qualification periods. The first qualification period, the Sprint to Success Qualification Period, begins on July 1, 2011, at 12:00 AM ET and ends on July 31, 2011, at 11:59 PM ET (“Sprint to Success Qualification Period”). The second qualification period, the Participation and Overall Qualification Period, begins on July 1, 2011, at 12:00 AM ET, and ends on August 31, 2011, at 11:59 PM ET (“Participation and Overall Qualification Period”). Beachbody LLC’s (“Sponsor”) computer is the official time-keeping device for the Challenge Period and each Qualification Period. 2. Challenge Description: In the Success Club Team Challenge 2011 (“Team Challenge” or “Challenge”), Sponsor invites Coaches to join into teams and compete for individual and team rewards, as set forth herein. In addition to meeting all other terms herein, to be eligible for the Challenge and Challenge rewards, Coaches must form and register a team comprised of five (5) Coaches; however, each team may include only two team members who have achieved a lifetime rank of Diamond or above, and only one of those two team...
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...EXTERNAL ANALYSIS of the PHILIPPINES Filipinos are food lover. Filipinos do not consider it a meal if rice is not served. Plain steamed rice is the basis of the diet. Three crops a year are harvested to provide enough rice for the population, and the government keeps surpluses stored for times of drought. Salt water and freshwater of fish and shellfish are eaten daily, served either fresh or salted. Fish, chicken and pork are usually fried, although people are becoming more health-conscious and often choose alternative methods of cooking. Garlic is added to food because it is considered healthful. Filipino food is not spicy. All food is cooked on gas burners or wood or charcoal fires and is allowed to get cold before it is eaten. Rice is cooked first, since it takes longer. When it is ready, rice will be placed on the table while the next items of the meal are prepared and served. Table knives are not used. Forks and spoons are used for dining. The food is eaten from a spoon. The traditional method of placing food on a banana leaf and eating with one's hands is also used throughout the country. It is acceptable to eat food with one's hands at restaurants as well as in the home. Breakfast is served at 6 A.M. and consists of food left over from the night before. It is not reheated. Eggs and sausage are served on special occasions. Small buns called pan de sol may be purchased from vendors early in the morning. At midmorning and in the afternoon, people eat merienda. Since Filipinos...
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...Scientific Article DALAT WINE: CHALLENGES IN ESTABLISHING THE NATIONAL WINE BRAND POSITION IS STILL YEARS AHEAD -*Ngo Binh, MA. in Marketing Bui Thi Lan Huong, PhD. I. COMPANY HISTORY 1.1 Wine manufacturing traditional in Dalat (Vietnam) Dalat wine has been popular in Dalat, an attractive city located 1500 m above sea level on Langbian high lands. For long time ago, Dalat wine has been produced traditionally by local producers from blackberries (dau tam). Traditional wine makers in Dalat grow themselves dau tam at Bong Lai area. It is reportedly that the first wine producer was Lafaro, a local company founded by Nguyen Huu Duc in 1974. This company imported a new variety of dau tam to produce its wine. Unfortunately, the company stopped to operate in 1975. Nguyen Chi Man, a 80-year-old man, who did distribute this wine at that time, asked the company's owner this variety of mulberry' seeds to grow, then to make wine for his own consumption and later on for his small business in Dalat. Since then, other traditional wine makers follow him to open wine factories and mulberry plantations, especially in Bong Lai. Because of their small scale, they did not build up particular brand name for their wine. Dalat wine has been considered effectively as a “geographical indication”. Dalat wine has been consumed mostly by Dalat residents. The mind climate of Dalat is the favorable place for consuming red wine, especially in traditional holidays. According to Nguyen Trong Anh Dong, Vice-Secretary...
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...|RAVI TEJA P(0291/50) | [pic] |ACADEMIC QUALIFICATIONS | |Examination/Degree |Year |Board/University |%/CGPA |Rank (optional) | |B.Tech (Electronics & Communication |2010 |NIT Jalandhar |7.34 | | |Engineering) | | | | | |12th Class |2005 |Board of Secondary Education (AP) |88.40 | | |10th Class |2003 |Board of Secondary Education (AP) |87.33 |1 | |ACADEMIC DISTINCTIONS | ▪ Obtained 99.73 percentile in CAT 2012 out of 214,000 applicants and received interview calls from IIMs Calcutta, Lucknow, Ranchi, Rohtak, Raipur, Trichy, Udaipur, Kashipur...
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...To the extent that FDI involves transfer of scarce resources, output and employment in the host developing countries will be "stimulated directly from the production by foreign corporations and indirectly with the multiplier effects from the spending of the income generated in the economy" (Hess and Ross, 1997). FDI also boosts investment in other industries "by putting unused resources to work, by encouraging local suppliers to act as suppliers and distributors for foreign corporations, and by helping disseminate efficient foreign product techniques and management styles to local businesses" (Rothgeb,1989). In recent years many developing countries have increasingly turned to FDI as a source of the capital, technology, managerial skills and market access needed for sustained economic growth and development. It is against this backdrop that most nations seek to attract foreign direct investment. However, several doubts have been raised as to the perceived...
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...S w 999A37 BEN & JERRY’S — JAPAN James M. Hagen prepared this case solely to provide material for class discussion. The author does not intend to illustrate either effective or ineffective handling of a managerial situation. The author may have disguised certain names and other identifying information to protect confidentiality. Ivey Management Services prohibits any form of reproduction, storage or transmittal without its written permission. Reproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Ivey Management Services, c/o Richard Ivey School of Business, The University of Western Ontario, London, Ontario, Canada, N6A 3K7; phone (519) 661-3208; fax (519) 661-3882; e-mail cases@ivey.uwo.ca. Copyright © 1999, Ivey Management Services Version: (A) 2010-08-10 On an autumn evening in Tokyo in 1997, Perry Odak, Angelo Pezzani, Bruce Bowman and Riv Hight gratefully accepted the hot steaming oshibori towels that their kimono-bedecked waitress quietly offered. After a full day of meetings with Masahiko Iida and his lieutenants at the Seven-Eleven Japan headquarters, the men from Ben & Jerry’s welcomed the chance to refresh their hands and faces before turning to the business at hand. It had been just over nine months since Odak had committed to resolving the conundrum of whether to introduce Ben & Jerry’s ice cream to the...
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...NAME: RANJIT KAUR SAHOTA. ROLL NO. : 34. CLASS: TYBMS. SUBJECT: LOGISTICS MANAGEMENT. TOPIC: COMPANY- 3PL MAHINDRA LOGISTICS LTD. PROFESSOR IN CHARGE: POONAM MIRWANI. SUBMISSION DATE: 17TH OCTOBER 2013. INDEX Sr No. | Particulars | Page No. | 1 | Introduction | 3-4 | 2 | Definition of 3PL | 4-5 | 3 | History of the Company | 6-10 | 4 | Awards Received | 11 | 5 | SCM At Mahindra Logistics | 11-14 | 6 | Mahindra Logistics on the Road to Success | 14-16 | 7 | About Mahindra Group | 17-22 | 8 | Quick Facts | 23 | 9 | Top 5 Critical Success Factors | 23 | 10 | 3PL Data Structure | 24 | 11 | About CEO And Interview of Pirojshaw Sarkari | 25-35 | 12 | Benefits of 3PL Companies | 36 | 13 | 5 Reasons to use a 3PL Provider | 36 | 14 | Types of 3PL providers | 37 | 15 | Examples of Types of 3PL’s | 38 | 16 | Biblography | 39 | INTRODUCTION: For people new to the supply chain management and logistics industry, the term “3PL” is likely an unfamiliar term. This is certainly not surprising as every industry always has their own set of acronyms and buzz words, but I’d like to provide some clarity to the commonly asked question, What is a 3pl? 3PL Warehouse Facility, photo by Joe Goldberg A couple years ago I put together a list to provide a3PL definition but truly understanding what a 3PL company is and the services they provide really deserves a more in depth explanation. While it isn’t immediately clear exactly who coined the term...
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