Alternative raw material is not strong, the product difference is not large, bigger production capacity, and different flour quality, types in the different sized factories, the purpose is roughly same, belong to the same target market, product production condition limited by the concentration of dust, and other restricts, is a one-stop production type continuous operation. What is more need to say, all the material for Win Tone Grinding Machine is given priority to with local materials, market admittance
Words: 281 - Pages: 2
projections monthly and historical usage. * Inventory levels are monitored daily and internal orders are placed to create demand for raw materials for purchasing. P: * Minimums based on Historical usage, blanket customer PO’s, sales forecasts. * Inventory levels are monitored daily and internal orders are placed to create demand for raw materials. * 5 day lead times for most products Stocking programs: * Inventory levels for stocked products checked daily. * Internal orders
Words: 262 - Pages: 2
middleman business between textile companies, we aim to help connect buyers and sellers of surplus or waste materials used in manufacturing their product. We would do this by first looking to get large manufacturing companies since they are most likely to have excess raw material stock. At first we would look to deal with mainly the textile industry and then would look to expand to various other materials thus expanding the scope of our target market. The objective of my company
Words: 1382 - Pages: 6
STANDARD INTERNAL AUDIT PROGRAMME ----- I. SALES: 1 To study the system for approval and acceptance of orders and to give suggestions for improvement. 2 To check the order acceptance with price list, if any, and to report the financial impact of sales below the price list. 3 To compute the percentage mix of sales made to new parties developed during the period under review and also compute the opportunity loss due to non-development of prospective parties as customers
Words: 3428 - Pages: 14
of Thorpe, “prices of many of our raw materials are apt to change suddenly and comparison of actual prices with a pre-determined, and often unrealistic, standard price is of little use. For some of our products we can utilize one of several equally suitable raw materials and we always plan to utilize the raw material which will, in our opinion, lead to the cheapest total production cost. However we are frequently caught out by price changes and the material actually used often proves, after the event
Words: 411 - Pages: 2
CLASS ASSIGNMENT 1 DATABASE CONCEPTS TTS2083 SUBMIT DATE: 2/4/2014 (BEFORE 5.30PM) * Hand writing * Individual Essay Question Create ERD including relationship cardinality for each of the following descriptions. Primary Key must be shown in each entity and the attribute also. Each answer is related with other answers in this case study. ( Means you have a large of Entity Relationship Diagram) Case Study (Pine Valley Furniture Company) 1. The company sells a number of different furniture products
Words: 588 - Pages: 3
The macro approach that locates a warehouse or distribution center at a point that minimizes transportation costs for products moving between a manufacturing plant and the markets, and is relatively simplistic: | 1. | Hoover's model | | 2. | center of gravity approach* | | 3. | none of these are macro location approaches | | 4. | Weber's model | | 5. | Von Thunen's model | Which is true regarding the facility/supply chain network design decision? | a. | generally, qualitative
Words: 914 - Pages: 4
eliminate any inventory of parts, they would simply arrive just-in-time! Similarly we could produce finished goods just-in-time to be handed to a customer who wants them. So, at a conceptual extreme, JIT has no need for inventory or stock, either of raw materials or work in progress or finished goods. Obviously any sensible person will appreciate that achieving the conceptual extreme outlined above might well be difficult, or impossible, or extremely expensive, in real-life. However that extreme does illustrate
Words: 303 - Pages: 2
companies are dependent on many external factors for their success. Whenever any problem arise in supply chain, these companies have to undergo huge looses. In this case also we found that company is dependent on other countries for the supply of raw material. Best way to deal such issues is that company should open their own subsidiary in those countries, where company export, maximum of its product. There are many companies who are using this strategy. The main challenge, which company faces in this
Words: 258 - Pages: 2
REPORT ON RAW MATERIALS Course:GEOSTRATEGY Teacher: Mr.Saint Grégoire Student: Pépin Loïc Year/Class: 3 CE2 Pépin Loïc – ICC 3ème Bachelor CE2 INTRODUCTION By definition, GEOSTRATEGY represent all the process established in order to consolidate the economic security related to geographical constraints. Basically raw materials are becoming even more strategical and problematic for states. Raw materials are essential for the efficient functioning of world economy:they are the first
Words: 1717 - Pages: 7
