Individual Business Memo The Credit Process at Postbank Corporate Banking Division When I joined the Large Corporate Banking Department of Postbank Bulgaria, a year and a half ago, I was surprised to find a demotivated team with huge staff turnover and an inefficient credit process. Postbank is a commercial bank, among the top five players on the Bulgarian market with assets of over EUR 3 billion, offering the full range of retail and corporate financial products and services to its clients
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Research Pilot Project Research Tittle Inflationary cause and remedies in Latin American countries. Research Objective Aimed at trying to find out the precursors of inflation and its feasible cures. The paper examines the critical relationship between the cause of a problem and its possible solution. It emphasizes on the views of two theories– the monetarist and the structuralist theories. Overall, this paper seeks to answer the following question: what are the main determinants of
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the process of change continuously. Innovation is the motor of the modern economy, turning ideas and knowledge into products and services. 1 Apple, Google, 3M, Toyota, Microsoft, GE, and P&G were the most innovative companies in the year 2006 as per the annual list of the world’s 25 innovative firms. Innovation has been mostly discussed related to technology, product and processes. It has been argued that product and process innovation are not the main bottleneck to progress. The bottleneck is management
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manufacturing that was first developed in a standardized manner by Henry Ford in 1913. When the automobile industry became large enough for the need to streamline the manufacturing process, Henry Ford took the lead and laid out steps in a process with the use of special-purpose machines and equipment. This standardized work and process became what was known as an assembly line. Henry Ford called this flow production. However, the innovation of Mr. Ford’s flow production was flawed. His system was only suited
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head: Process Design for Riordan Manufacturing Process Design for Riordan Manufacturing Abstract This paper suggests a new process design for Riordan Manufacturing. This design concentrates on the major phases pertaining to the manufacturing of Riordan electric fans, from start to finish. This design incorporates a supply chain for the electric fans, while taking advantage of global openings in which Riordan Manufacturing can implement. Additional analysis of the present process pertaining
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Study Guide for Chapter 6: 1. What is a spend analysis? 2. Describe the strategic sourcing process from start to finish. 3. Describe the portfolio analysis matrix tool and how it is used to develop supply management strategies. 4. What are the major types of supply management strategies? 5. Why must organizations develop suppliers? Is supplier development a long-term trend? Explain. 6. What do you think are the reasons why there are so few companies classified
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50%. Process Design-Costco processes prescriptions and provides the prescribed drugs to customers. For each prescription, pharmacists carefully review the dosage along with other drugs you may be taking in order to prevent any chance of medications interacting with each other. They also ensure you do not receive any medication which could result in an allergic reaction. It is recommended to introduce E-prescribing in the near future as it would reduce the duration for each prescription process. Layout-The
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CAPACITY PLANNING Measures of Capacity. No single capacity measure is applicable to all types of situations. Hospitals measure capacity as the number of patients that can be treated per day; a retailer measures capacity as annual sales dollars generated per square foot; an airline measures capacity as available seat-miles (ASMs) per month; a theater measures capacity number of seats; and a job shop measures capacity as number of machine hours. In general, capacity can be expressed in one of two
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Push Systems Pull Systems Focusing on Bottlenecks 3 HOGWARTS SCHOOL OF IMPROVEMENT INITIATIVES PPC PRODUCTION PLANNING HORIZONS Long-Range Capacity Planning Long-Range (years) Aggregate Planning Medium-Range (6-18 months) Master Production Scheduling Short-Range (weeks) Very-Short-Range (hours - days) Production Planning and Control Systems Pond Draining Systems Push Systems Pull Systems Focusing on Bottlenecks 4 HOGWARTS SCHOOL OF IMPROVEMENT INITIATIVES
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environment factors influencing the revenues and performance of the company. After conducting this analysis, I will be in a position to identify the weaknesses and threats to the company and bottlenecks which needs to be removed. In order to start the turnaround, we need to first identify the bottlenecks and then discuss and
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