Capstone - Chester

Andrews plans to introduce one high-tech sensor, Alpha, in 2022. When launching this new sensor, Andrews will build low-tech labor intensive factories. Although this strategy will increase the dependency on labor, Alpha will be flexible for frequent updates. This characteristic is important to have in the high-tech market because consumers want the highest updated quality.

Chester Sensor Corporation is in a good competitive position at the end of the seventh year of operations. Market share, profits, and stock price have all increased. There were some bumps in years

This then translates to a 50% chance of not having inventory available during job opportunities. Therefore, opportunity costs might occur. The indifference of the production managers' in these aspects of inventory control is alarming and should be acted upon.

Chester chose to enter the sensor industry in 2016 as the niche cost leader. Our mission is to providing trustworthy products to our customer base. Our goal is to offer these products at a cutting edge price, with low overhead, at a high volume. By focusing on the Traditional and Low End segment of the market, Chester’s ability to achieve our mission made it possible to gain market share. Many aspects went into the logistics of the supply chain in order to carry out our operation. While the cost leader strategy is not always an opportune circumstance for the traditional segment, it allows us to offer lower prices to entice customers to purchase our products over other companies in the industry.

The timing of capacity changes also needs to be taken into consideration to achieve maximum efficenty given that demands of their products varies with seasonal changes. The ability to react to market demand changes quickly will determine manufacturers flexibility in keeping up with these demands. Manufacturers needs facilities to produce, whether warehouses to store its raw materials or finished goods, or manufacturing plants to produce their products. Services facilities are needed by certain manufacturing industries such as consumer electronics to cater for returns. Distribution centres also determine the efficenty of production distribution and un-nesessary inventory holding will result in higher holding cost. Such facilities require large investments and are integral of the manufacturer’s supply chain strategy and thus proper planning is needed when making these decisions regardong the size, location which affect the overall operations. How manufacturers run their productions also determine how successful will they be in terms of productivity and quality levels. Different types of equipment and processes also affect the cost and output of the manufacturing plant. Information systems that flow both upstream and downstream affects the forecasting, planning, inventory and production levels, they must be robust to ensure the manufacturing firm is able to react accordingly to changing demands and variations. In addition to their internal environment,

At Chester, our highly skilled employees, combined with unparalleled technology, provide us the ability to create and develop industry innovating products with unique design, putting our product at the forefront of

Interest: I think direct mail is the best media to get people’s attention. Through direct mail I can easily send pictures of new and designer products and special offers to make interesting for people to buy.

Capacity Planning- It is essential to accurately predict what products people are willing to purchase. If there is not enough of something people will be angry and if there is too much of another thing you are wasting money as a company.

A breakdown of our overall long-term strategy as well as the year-by-year decisions and review will follow in order to assess how well we met investor expectations as well as attempting to beat

Core Competencies: The Company is full of assurance and potential. Each and every day represents a new opportunity to share Vision, strategy and style.

As an accuracy control monitor, it is your task to perform accurate inventory and reserve counts of all warehouse items. This should be done through a detailed cycle counting process, with adherence to SOX compliance.

The move to the state-of-the-art facility will result in the organization being more efficient and will as well result in quicker pull of inventory and quicker shipment. Furthermore, stock will be handled more efficiently with less errors resulting in higher profits for the organization.

A common way of decreasing the amount of inventory a business holds on a daily basis is implementing a just-in-time inventory process. A Just-In-Time inventory system means that the business gets the materials for a product, as they are demanded. “The electronic data

Axsäter, 2006). In this area only large scale multi-national companies have set a number of

reduction in inventories of finished goods. In other words, if operating plans call for a buildup or