Fast Fit Case Study Essay

1315 WordsOct 15, 20126 Pages
Fast Fit Case Study * Mark the main flows of goods and money in the diagram (above) and employ a key or table of descriptive elements to explain your answer. Key Symbol | Explanation | | The supplier gives the FastFit Warehouse the goods that the company needs. The excess is then stored as inventory. | | The double-sided arrow explains the communication between the headquarter and the warehouse in that the warehouse has to let the headquarters know how many goods are in storage, how much is needed, and by when. | | The warehouse sends the packaged goods to the stores | | Once the goods are in the stores, the customer then chooses the good, purchases it, and takes it home. | | In exchange for the goods that the…show more content…
a. Information Decision Information | Drives Which Decision | Which items were sold | Buy more of the items | Which items still on the shelf | Buy less of the items | The amount of time between shelf and purchase | Make decisions quickly/slowly depending how often the items are bought. | b. Information Source Information | Source of Data | Customer and the item bought | Computers | Customer satisfaction | Social media | Goods bought and returned | Cash register | c. This wouldn’t be a wise idea because items would be packaged at different times that are going to the same place. For example, if 2 stores in Huntington Ave. ordered separately, 2 different trucks and packaging would be used. So in order to save packaging and transportation costs, the stores don’t directly order from the warehouses. * a) Draw a system diagram that shows the key information and product flows between FastFit (HQ and Warehouse) and a supplier, including the steps for ordering and invoicing and label each flow descriptively. This diagram will have three circles. b) Compare your drawing with the diagram showing the flows between the customer and the store and explain why the former is more complicated. HQ Warehouse Supplier HQ
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