Investor Planning Essay

1154 words - 5 pages

ventory planning Chapter 12: Inventory planning and... 
Study guide |
This chapter is relatively unusual in so much as it takes more of a quantitative approach to its topic. While not avoiding quantitative models where they are appropriate, the general approach of this book is to deal with operations management from a ‘general management’ point of view. Here we include some quantitative models of how inventory is managed mainly to demonstrate that some parts of the inventory decision can be quantified. In practice, most of these decision models will be embedded within an operation’s routine stock control computer system. However, whilst working through them remember that it is the ...view middle of the document...

Stock is both good and badThe problem with inventory management is that keeping stock has both advantages and disadvantages.The advantages include, * Inventory allows customers to be served quickly and conveniently (otherwise you would have to make everything as the customer requested it). * Inventory can be used so a company can buy in bulk, which is usually cheaper. * Inventory allows operations to meet unexpected surges in demand. * Inventory is an insurance if there is an unexpected interruption in supply from outside the operation or within the operation. * Inventory allows different parts of the operation to be ‘decoupled’. This means that they can operate independently to suit their own constraints and convenience while the stock of items between them absorbs short-term differences between supply and demand. In many ways this is the most significant advantage of inventory.The disadvantages of inventory include, * It is expensive. Keeping inventory means the company has to fund the gap between paying for the stock to be produced and getting revenue in by selling it. This is known as working capital. There is also the cost of keeping the stock in warehouses or containers. * Items can deteriorate while they are being kept. Clearly this is significant for the food industry whose products have a limited life. However, it is also an issue for any other company because stock could be accidentally damaged while it is being stored. * Products can become obsolescent while they are being stored. Fashion may change or commercial rivals may introduce better products. * Stock is confusing. Large piles of inventory around the place need to be managed. They need to be counted, looked after and so on.The objectives of inventory planning and controlGenerally the operations objectives of managing the company’s inventories include the following. * Quality – products need to be maintained in as good a condition as possible while they are being stored. For perishable products this means not storing them for very long. * Speed – inventories must be in the right place to ensure fast response to customer requests. * Dependability – the right stock must be in the right place at the right time to satisfy customer demand. There is no point having the wrong products in stock. * Flexibility – stock should be managed to allow the operation to be flexible. For example, that may mean keeping sufficient stock to allow the operations processes to switch to producing something else and yet being able to satisfy customers during that period from existing stock levels. * Cost – if possible the total cost of managing stock levels should be minimised....

Other Papers Like Investor -Planning

Direct vs Indirect Investing Essay

1637 words - 7 pages Direct versus Indirect Investing: What’s In It for Me? Beth Blackaby Axia College University of Phoenix What is the best approach to investing? When beginning to invest, we all may take a different approach. Investors always have the option of direct investing, making their own buy and sell decisions, typically through a brokerage account (Bidlisiw, 2008). Direct investing allows the investor to make decisions for them. Indirect

Strategic and Financial Planning Essay

1658 words - 7 pages those goals (Investor Words, 2009). Financial planning is the long-term process of wisely managing finances so you can achieve the goals while at the same time negotiating the financial barriers that inevitably arise in every stage of the company’s goals (FPA, 2009). Upon examining the relationship between strategic and financial planning, we will see how Quizno’s, Family Focus Lawndale and the LaSalle Network each utilize strategic and

About Nse Derivatives

3619 words - 15 pages useful? Forward contracting is very valuable in hedging and speculation. The classic hedging application would be that of a wheat farmer forward -selling his harvest at a known price in order to eliminate price risk. Conversely, a bread factory may want to buy bread forward in order to assist production planning without the risk of price fluctuations. If a speculator has information or analysis which forecasts an upturn in a price, then he

Fundamental Analysis During Financial Crisis

1887 words - 8 pages * Company analysis * Industry analysis For an investor the fundamental analysis is very important to invest in any asset or security. The investor when found the intrinsic value of security with its current value than this make easy for them to invest or not. Global financial crises are the period, which is experienced by the society, and the marketers, a situation of great difficulty in the world where nothing is stable in any state of

E-Marketing

901 words - 4 pages juga mensyaratkan bahwa organisasi harus berkomitmen untuk melibatkan semua bagian organisasi untuk mengkoordinasikan kegiatan memastikan bahwa kebutuhan pelanggan terpenuhi secara efisien, efektif dan menguntungkan. II. E-marketing Planning E-Marketing Planning diperlukan untuk mancakup strategi e-business yang lebih luas sampai tujuan yang lebih spesifik bagaimana sell-side dari strategi e-business akan dicapai melalui kegiatan marketing

Business Entities, Laws & Regulations

1611 words - 7 pages Business Entities, Laws and Regulations Mario Zapata April 28, 2011 BUS/415 University of Phoenix Michael John Abstract A partnership of entrepreneurs is planning in open a new sport restaurant bar, with big screen television, but the entrepreneurs do not have enough capital to complete the project. A wealthy investor is willing to participate in the business plan, but wants a percentage of the company. In this paper Mario Zapata

Learning

5454 words - 22 pages Executive Summary Building Block 3: dentifying, Targeting and Engaging Potential Investors I Building Block 4: eveloping and Delivering a Winning Investor Presentation D Each of these building blocks addresses an essential part of business planning and financing management. Once you have finished all four workbook guides, you will have a complete business planning and financing management strategy for your company. With this document in hand, you will

Tyco And Ethics And Management

1163 words - 5 pages for a manufacturing company, affecting all levels of planning. Holding on to and growing their customer base is a never-ending problem that requires careful planning at all levels of operation. Somewhat more unique are the problems of ongoing litigation and investigation stemming from the turbulent year of disaster, 2002. The result of all the lawsuits is likely to be very expensive for the company, at the least.ReferencesWalker, T. (2007, March 12). What leads some CEOs into scandal? Houston Chronicle, p.6. Retrieved June 11, 2007 from ProQuest database.Tyco. (2007) Tyco International S-1. Investor relations. p. 9. Retrieved June 12, 2007 from http://www.tyco.com

Islamic Banking

5608 words - 23 pages approvals to interview the key heads leading the bank, therefore we managed to interview the departments involved in strategizing the future of DIB. The following departments of DIB shall be interviewed to gain a roadmap of DIB, the future strategy of DIB and the competition that DIB faces and what is DIB doing to tackle this situation: 1. Investor Relations Team: Responsible for strategising and disseminating accurate and timely company

How Sharon Secured £100,000 For Early Retirement

894 words - 4 pages years, single and has no known dependents. A home owner, debt free and the potential investor with £100,000. Therefore, imagine Sharon being in the high income bracket. With the possibility of having an occupational pension. In the first instance, Sharon priority is early retirement at 55 years. To simulate further Sharon is a somewhat nervous investor. For example, with Sharon's view to risk. We know from Rutterford (2006 p.191) regarding the UK

Business Analysis Part Iii: Costco Wholesale Corporation

2019 words - 9 pages Business Analysis Part III: Costco Wholesale Corporation MGT/521 June 14, 2012 Business Analysis Part III: Costco Wholesale Corporation Jim Sinegal, Costco Wholesale cofounder and CEO summed up Costco Wholesale Corporations strategic planning and operations in a nutshell according to the Retail Industry website, “Wall Street is in the business of making money between now and next Tuesday. We’re in the business of building an organization

Related Essays

Tata Motors Fy 2010 Report

3871 words - 16 pages Rover The next 3 year planning cycle to witness several new models and refreshments for Jaguar and Land Rover 2010 Model year XK & New XJ 2010 Model Year LR Products INVESTOR RELATIONS Focus on Emerging Markets and Environmental technologies at JLR Emerging Markets Plans Environmental Technologies Plans Develop technologies targeting a 25% reduction in joint fleet average tailpipe CO2 emissions Jaguar Land Rover will continue to

An Outlook On The Evolution Of Mutual Funds India

2813 words - 12 pages questions: 1. Can the existing set of distributors play a greater role in improving investor awareness towards using mutual fund products (or indeed, any financial product) for financial planning? 2. Can the creation of a financial advisory channel/transition of the existing distribution agents towards financial advisory services be done by the financial companies themselves? 3. What is the role of regulation in the creation of such a

Strategic Initiative Essay

1620 words - 7 pages Strategic Initiative FIN/370 Finance for Business Strategic Initiative Microsoft like many other organization have developed a very strong systemic approach in order to achieve success. This systemic approach incorporates strategic planning with financial planning so that goals associated with these types of planning can help to strengthen operations, control the net value of the organization to stay in line with meeting profit goals

Patagonia Essay

568 words - 3 pages home phone, teleconference and internet business. 3. Lacavera used Information technology in his decision making. First, He gathers all the useful information from the existing competitors, consumers, and all the stakeholders and used it to have a good decision making. He used planning, organizing, leading and controlling aspect of the management process. He involved more people in the planning process. He found a major investor and