Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Management Theories Expert

Attempt all the problems.

Section-A

problem1) A supply chain encompasses three important flows. What are these three flows? Why are they significant to effective supply chain management? Describe the direction of these flows.

problem2) Logistics comprises the relatively large number of managerial activities. describe five of these activities and why they are significant to logistics systems.

problem3) What do you mean by Bull Whip Effect?  In which ways could the effect of Bull Whip effect be reduced in supply chain?

problem4) What are the basic types of traditional forecasts? Do collaborative planning, forecasting and replenishment differ from these traditional approaches?

SECTION-B

Case Study

“We have to do something about our customer service levels and out inventory turns” complained Lisa Williams, CEO for Walton Seed Company, to Jason Greaser, new director of logistics. Jason immediately wanted to know details of problem, since he had just joined Walton Seed and had not had the opportunity to really delve into any of its problems. Lisa responded, “Let me give you some of the background and you could put that education to use that you received at Penn State”.

Jason smiled and said,” I am really interested in addressing some of main problems and issues that Walton Seed has in the logistics area, so I could put my education and experience to good use. We had the similar problem at CBL Electronics, where I did my internship. While I realize that products are different, there might be some common threads.”

Background:

Walton Seed Company was founded by Eric Walton in Toledo, Ohio, and subsequently moved to York, Pennsylvania. Traditionally, Walton’s niche was the high quality seed company selling grass, flower, and vegetable seeds through the mail-order catalog. But it subsequently started to distribute through small, family owned hardware and variety stores. As a business grew, company expanded it distribution to number of smaller wholesalers, who gave Walton extra market coverage in Ohio, Indiana, Illionois, and New York. Walton still continued its catalog business in Middle Atlantic States and served retailers directly in Penssylvania, Maryland and New Jersey.

Seed business is such that sales are traditionally very heavy in spring and early summer and drop off dramatically for the rest of the year. Catalog sales help to spread out demand a little by making sales promotions in January / February mailing when people start thinking “spring” to help get through the winter; but, overall, sales are still very concentrated. Hence, Walton pushes inventory out into its warehouse during fall and winter to be ready for big spring and summer sales spurt.

During season, company runs out of certain types of seeds and has the abundance of others. Wholesalers and retailers complain about stockouts. Sometimes they would accept substitutions but not often sufficient. Wholesalers and retailers don’t provide in- season sales information and tend to buy large quantities prior to start of the season.

Another matter worrying Lisa Williams is the decline in the number of independent hardware and variety stores, with the growth of Wall-Mart, Home Depot, Lowe’s and others of similar size. Walton doesn’t sell to these stores, directly or indirectly, as Walton has positioned itself at a higher end of the market with high quality seeds.

Walton really wishes to increase its late summer and fall sales of grass seeds and prrennial flower seeds, to spread out demand and also to avoid stockouts that result in lost sales and customers.

The problem:

“Well Jason, there you have it in a nutshell,” said Lisa. “It is the exasperating situation, and we need your help in solving these problems.
‘Wow, you are right!” replied Jason, “There are really challenging issues; I will not be able to claim that you did not give me anything significant to sink my teeth into. Do you have anything specific which you want me start with, since this is such a comprehensive set of problems?

problem5) Case problems:

a) How could we improve in-season sales forecasting and develop a logistics system which is more responsive to demand and sales?

b) What are some of the special logistical issues which we would need to consider if we attempt to sell to the mass merchandisers?

c) What standard of performance must we use for measuring customer service?

d) What E-commerce alternatives do you feel must be considered.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M93369

Have any Question? 


Related Questions in Management Theories

1 what is benchmarking2 what is the standard of due care

1. What is benchmarking? 2. What is the standard of due care? How does it relate to due diligence? 3. What is a recommended security practice? What is a good source for finding such recommended practices? 4. When selecti ...

Managing recruitment and selectionthe recruitment and

Managing Recruitment and Selection The recruitment and selection process is often challenging, as it can be expensive and time-consuming for health care organizations. Administrators are frequently under pressure to quic ...

What is the difference between qualitative measurement and

What is the difference between qualitative measurement and quantitative measurement? What is the OCTAVE Method? What does it provide to those who adopt it? How does Microsoft define "risk management"? What phases are use ...

1 what is coso and why is it important search the internet

1. What is COSO, and why is it important? Search the Internet for the term "Treadway Commission." What was the Treadway Commission, and what is its major legacy in the field of InfoSec? 2. Search the Internet for the ter ...

The creation of a successful strategic plan is derived from

The creation of a successful strategic plan is derived from researched data; in particular, applicable data can be obtained from a SWOT analysis. Review section 5.4 of the course text, which presents examples of environm ...

1 what are the practices that can be learnt from the

1) What are the practices that can be learnt from the theories and actual implementation of Green supply chain in Small Medium Enterprise (SME)? 2) What are the advantages and disadvantages for SME to implement Greer, Su ...

Complete the following three-part assignment in a microsoft

Complete the following three-part assignment in a Microsoft Word document. Step 1 of 3: Provide your opinion on one of the following issues, in at least 50 to 75 words. Health care system Climate change National debt Ask ...

1 what is risk management2 list and describe the key areas

1. What is risk management? 2. List and describe the key areas of concern for risk management. 3. Why is identification of risks, through a listing of assets and their vulnerabilities, so important to the risk management ...

Job description and recruiting strategies worksheetconduct

Job Description and Recruiting Strategies Worksheet Conduct an interview with someone who has a career or position that is different from your own. Identify the duties associated with his or her position, as well as any ...

Which two career paths are the most commonly encountered as

Which two career paths are the most commonly encountered as entrees into the InfoSec discipline? Are there other paths? If so, describe them. 1. Why is it important to have a body of standard job descriptions for hiring ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro