Fast Fit Case Essay

3. Assuming that processing starts at 7 am on a “busy” day, present the situation during such a day, by constructing an inventory build-up diagram for bins and trucks.

FastCat's mission is to exceed customer's expectations of value, dependability and reliability by focusing on innovation and teamwork; to help our customers succeed; to support and share with our employees; and to respect and recognize individuals and their performance contributions. The following compensation plan

Starting a business can be an exciting time for an entrepreneur but new market concepts and opportunities are useless without the strategies to operate the company to success. Day to day strategies are needed to achieve the organizations goals. The largest expense of any company is usually the compensation strategy. The face of the retail company is the service staff and their relation to the customer are paramount to success. Firms are in competition to find qualified, engaged employees. The pressure for an organization to get it right is the key to competitive success. Companies now look to creative compensation strategies to create a environment that employees want to

They even desired to open a warehouse in any city in Australia. Thus, there are a number of Australian clients who embraced the idea. They even asked the company to take charge of their goods from Australia to the different states in the U.S. However, the CEO cannot afford to establish one without making preliminary plans. Furthermore, they looked forward to meticulously design a business strategy or plan to ascertain successful and efficient operations. Described below are the warehouse operations that present the company’s supply chain.

| HQ sends orders to the supplier notifying them of the quantity of goods that needs to be sent to the warehouse. When the supplier receives these orders, they then send the goods to the warehouse. From there, the warehouse records and sends the appropriate amount of goods to the store. And from the store, the goods are sold to the customer.

5. Proposed location of the new warehouse and transportation distances from the new location to each retail outlet/customer

Situation Analysis Summary: CEO Peter Walsh has reservations with launching a promising new product of resorbable fixation devices into the orthopedic market. The dilemma is that the product has not tested to the quality standards of Crescordia. The market has been searching for such a product for 20 years, and a competitor has launched such a product that has failed in many circumstances. Though, they are still selling the product, and according to Jane LaMott VP of sales their competitor Innostat has begun to gain ground against Crescordia simply because we do not offer the resorbable product.

The second share goal was to improve the relationships with customers and suppliers. This would allow for better use of current customer service information, as well as, create an opportunity to acquire new customers. In order to more effectively track customer information, the company must focus on larger accounts, have the ability to examine trends throughout accounts to determine which packages better suits each client, improve billing accuracy, and offer current customers addition value through new products. Sales processing and acquiring new accounts can be improved by examining purchasing trends,

Data Security: Data security makes the task of data integration very challenging. Confidential data such as Customer’s credit card details, account balance etc. are usually not readily accessible. First challenge is to get the access from the appropriate stake holders. Even if the access is arranged the data is so sensitive that while integrating it, we need to make sure that the confidentiality of the data is not breached.

Distribution centers have the responsibility to sift, pack and check the goods. The centers are equipped with advanced machinery, and about 85% of the goods have been sent by machine, which largely save the cost of manual labor. At the same time, because of the huge amount of goods and fully use of machinery, the advantage of scale-merit can be enjoyed in the entire operating process.

4. To Schedule about how products to produce so that it will not be sitting around their warehouse.

All manufacturing facilities are centralized to get the maximum benefit of capacity aggregation and also lower the inbound transportation cost from the manufacturer to the distribution center (DC). Seven-Eleven also requires all suppliers to deliver to the DC where products are sorted by temperature. This reduces the outbound transportation cost because of aggregation of deliveries across multiple suppliers. It also lowers the receiving cost. The information infrastructure is set up to allow store managers to place orders based on analysis of consumption data. The information infrastructure also facilitates the sorting of an order at the DC and receiving of the order at the store. The key point to emphasize here is that most decisions by Seven-Eleven are structured to aggregate transportation and receiving to make both cheaper.

A marketing manager is an integral part of any company that wants to increase their efficiency, growth or aims to continue to capture the same market share they may already dominate. In simple terms, their job is to help direct the marketing department of a particular business; sometimes they manage numerous products, or in other cases one singular

3. Large variety of goods is stored. This has a special appeal to the customers.

6) Warehousing: This function is responsible for the storage facilities for the materials, weighing facilities, materials handling equipments, material distribution facilities, fire fighting instruments etc.