This website uses cookies to ensure you have the best experience. Learn more

Platinum Box Ltd. Case Report

1820 words - 8 pages

Contents
Executive Summary 2
Issues Identification 2
Environmental and Root Cause Analysis 3
Alternatives and Options 4
Alternative 1 4
Alternative 2 4
Recommendation 5
Implementation 5
Monitor and Control 7
Appendix 9
Appendix 1 – Total Cost Analysis 9
Appendix 2 – Weighted Evaluation 10


Executive Summary
Platinum Box Ltd. Is a small design house and printing operation that is well known for their superior graphic designs in the competitive printing industry. They have announced that they are looking to expand their market into the United States, and in order to do so they need to purchase five new presses to meet the goals of expanded production.
Jared John, the ...view middle of the document...

Environmental and Root Cause Analysis
Platinum has a history of relying on Jabaking as a key supplier for their company, especially since Jim Hicza is a longtime friend of Platinum’s founder and president, Conrad Thompson. When Platinum was not successful in the first attempt of their mission to be one of the top ten fold down box manufacturers in 1992, they relied on that relationship in order to get a head start in the industry. The purchase of the presses from Jabaking was done partially as a favor, meaning the motive was for personal reasons, not business reasons. This favor puts Platinum in an awkward position as Conrad expects Jim to remember Jabaking for business transactions in the future. From a business perspective, being dependent on Jabaking due to personal issues is not necessary the best decision, especially since Jabaking has a reputation for having good but not the highest quality products.
In order for Platinum to succeed in their newest mission to expand their market to the United States, they need to ensure they have the current technology that is capable of producing the required high quality products. To successfully do this they need to explore different options and see what products are available, which requires sourcing from multiple suppliers. They need to have a product that can meet the quality and production capabilities at the lowest total cost. If they decide to single source to Jabaking, they are limiting themselves to other options that could be more affordable and profitable in the long run. This may also affect future business opportunities with other companies because they are recognized as being dependent on one supplier.

Alternatives and Options

ALTERNATIVE 1
Engage in multiple sourcing to obtain presses that can meet their needs. The supplier should meet the requirements of total cost, quality, and production capability.
Advantages:
• Keeps suppliers competitive and enables them to provide better value
• Minimizes the risk of supplier failure
• Avoids buyer dependence on Jabaking
• Allows Platinum to assess the market price and conditions of supply
• Provides an opportunity to “test” potential suppliers
Disadvantages:
• Could have a negative effect on their existing relationship with Jabaking
• There is a higher risk since the other suppliers have never worked with Platinum before
• Relationships with new suppliers must be highly maintained

ALTERNATIVE 2
Continue to single source the presses with Jabaking.
Advantages:
• Continue to build a relationship with Jabaking
• Single sourcing reduces internal procurement costs
• Risk is reduced as Platinum has experience working with Jabaking
Disadvantages:
• Other suppliers may lost interest in competing for business
• Makes it difficult to ensure competitiveness
• Platinum may become dependent on Jabaking

Recommendation
After conducting a weighted evaluation and total cost analysis, I would recommend going with Alternative 1...

Other Papers Like Platinum Box Ltd. - Case Report

Advertisement Essay

1362 words - 6 pages Before the start of the paper, I have to declare that there are many ways to promote goods, but most important, these businesses must abide by the law. This case study analysis focuses on misplacement of cultural difference by mounting unethical advertisement campaign by two Indian cosmetic companies - Hindustan Lever Ltd and CavinKare Ltd. The development of revolutionary skin lightening technology brand; Fair & lovely by Hindustan Lever

Junk Food vs Healthy Food Essay

4606 words - 19 pages . Ajit Jain Branch Commercial Manager Godrej & Boyce Mfg. Co. Ltd. 4th Floor APM Mall Satellite, Ahmedabad-380051 Field of Work & Experience : Presently We are providing High end Security solution to Govt Customers and Industrial segment . My total experience is around 12 Years in Godrej. ACKNOWLEDGEMENT It is an honor to present this project report titled as Need Of High Level Security In Government & Industrial Sectors. This partial

Material for Cfl Bulb

1729 words - 7 pages Part 2 Individual Project Report: Lights Introduction There are many types of sources of light in the world. Amongst the most commonly used would be the light bulb. Furthermore, as Prof. Seeram thought of the project by looking at items found in everyday usage, I would assume that the light source in question would be the compact fluorescent light (CFL) bulb. It consists of glass vacuum tubing coated inside with luminophore; this tube

Creating a Plan for Positive Influence

1102 words - 5 pages . As higher level members, the choices made by both Kozlowski and Swartz to get personal loans worth millions of dollars from the company was wrong and against the law. Exactly how can Tyco International Ltd. anticipate their lower level staff to conduct themselves in an ethical manner, when the conduct of the top management is dubious which also resulted in litigation against the company by the Securities and Exchange Commission? In” the case of

Organogational Behavore

2899 words - 12 pages achieving organisation goals. Managers lacking to focus in one of them equally cannot get succeed compared how much they can succeed when they give priority both equally. This report has examined an organisation, ABC Institute Pty Ltd, where the attaining organisational goals were given highly important by manager and employees’ needs were badly ignored. This report has indentified the high staff turnover problem in the organisation. The

Ahd Shdjw Ajhdj

1043 words - 5 pages poor supervisory capacity and weak institutional framework. As a result, not only these banks are suffering from shortages of capital but their profitability has also started to decline (Table 3). Additionally, incidences of irregularities have weakened the overall performance and threatened the stability of the banking industry. The recently detected Hall Mark case of forgery through inland bills trade involving the largest SCB of the country

Dasreef Pty Ltd V Hawchar

1137 words - 5 pages employer, Dasreef Pty Ltd, the appellant as he was diagnosed with silicosis allegedly caused by the unsafe working environment. An expert, Dr Basden was retained to provide a report centering on the foreseeability of the alleged injury claimed by Mr Hawchar and procedures that Dasreef could take in reducing the risk of injury. The case originated in the Dust Diseases Tribunal where the judge relied on the estimate of the expert evidence in

Research

632 words - 3 pages it with a 45% deposit of the software costs. Sincerely, This box for internal use only John Smith Director, Global Sales Enclosure RESPONSEThis letter correctly sets forth the understanding of our organization. | | | | Accepted by | Title | Date | ACME Corporation 123 Corporate Drive Milford, CT 06461PROPOSAL | DATE: 4/17/2009SOFTWARE: Model 60 | TO: Charles Jones | SOFTWARE COST:Library Multi-Record Including Report Master

Lost Of Innocence

632 words - 3 pages it with a 45% deposit of the software costs. Sincerely, This box for internal use only John Smith Director, Global Sales Enclosure RESPONSEThis letter correctly sets forth the understanding of our organization. | | | | Accepted by | Title | Date | ACME Corporation 123 Corporate Drive Milford, CT 06461PROPOSAL | DATE: 4/17/2009SOFTWARE: Model 60 | TO: Charles Jones | SOFTWARE COST:Library Multi-Record Including Report Master

Miss

3119 words - 13 pages International Finance Report PORSCHE RISK MANAGEMENT TOC \t "Subtitle, 1,Title, 2"\b _TOCRange Company Overview: PAGEREF _Toc \h 3 I. Foreign Exchange Exposure: PAGEREF _Toc1 \h 3 1.1 Operating Exposure PAGEREF _Toc2 \h 4 1.2 Transaction Exposure PAGEREF _Toc3 \h 5 1.3 Commodity Exposure PAGEREF _Toc4 \h 5 II. Porsche’s hedging strategies PAGEREF _Toc5 \h 8 2.1 Aggressive ‘Put options’ Hedging strategy PAGEREF _Toc6

Sample Interview Guide

910 words - 4 pages CALIPER Interview Guide Reid T. Clifford ABC Company, Ltd. Caliper Management, 506 Carnegie Center, Suite 300, P.O. Box 2050, Princeton, NJ USA 08543-2050 Tel. 609-524-1200 Fax. 609-524-1201 Reid T. Clifford ABC Company, Ltd. Caliper Interview Guide The Caliper Interview Guide is a special report derived from Reid T. Clifford's Caliper Profile. The Profile results suggest that some areas may be worth investigating. Below, you

Related Essays

Platinum Box Ltd Essay

2781 words - 12 pages Platinum Box Ltd. Case Presentation Prepared by: Sailesh Kapadia Instructor: Michele Kelly Date: February 25, 2014 Table of Contents Executive Summary 3 Issue Identification 5 Environmental and Root Cause Analysis 7 Alternatives and Options 9 Recommendations 10 Implementation 11 Monitor and Control 12 Exhibits 13 Executive Summary Platinum Box Ltd. is at a

Market Analysis On Salix Pharmaceuticals Ltd. Product Pipeline Review 2014

1249 words - 5 pages Salix Pharmaceuticals Ltd. - Product Pipeline Review - 2014 Salix Pharmaceuticals Ltd. - Product Pipeline Review - 2014 Summary Global Markets Directs, Salix Pharmaceuticals Ltd. - Product Pipeline Review - 2014, provides an overview of the Salix Pharmaceuticals Ltd.s pharmaceutical research and development focus. This report provides comprehensive information on the current therapeutic developmental pipeline of Salix Pharmaceuticals Ltd.s

Global Research On Salix Pharmaceuticals Ltd. Product Pipeline Review 2014

1249 words - 5 pages Salix Pharmaceuticals Ltd. - Product Pipeline Review - 2014 Salix Pharmaceuticals Ltd. - Product Pipeline Review - 2014 Summary Global Markets Directs, Salix Pharmaceuticals Ltd. - Product Pipeline Review - 2014, provides an overview of the Salix Pharmaceuticals Ltd.s pharmaceutical research and development focus. This report provides comprehensive information on the current therapeutic developmental pipeline of Salix Pharmaceuticals Ltd.s

Analysis Of Financial Report

2731 words - 11 pages believes in its uncompromising commitment to fulfill its customer needs and satisfaction and to become their first choice in banking. Taking cue from its pool of esteemed clientele, Dutch-Bangla Bank intends to pave the way for a new era in banking that upholds and epitomizes its vaunted marques "YOUR TRUSTED PARTNER." METHODOLOGY This Assignment has been prepared on the basis of Annual Report 2011 of Arab Bangladesh Bank Ltd. (ABBL