Case Study: Four Star Industries Singapore Abdel Quzmar Production and Operations Management Professor Norma Davis March 23, 2015 Abstract Despite decades of success in producing and distributing high-quality mattresses, Four Star Industries has seen its competitive position dwindle in recent years due to an influx of new companies and products into the market. As a result, Four Star has witnessed increased stress in an already volatile and unpredictable industry. The company has attempted
CHAPTER 2: ANALYZING THE INDUSTRY Industry Background As mentioned earlier in Chapter 1, China Lodging Group is a multi-brand hotel group which as per now manages seven hotels with each having a specific target of customers. These Hotels are Hi Inn, Han Ting Hotel, Elan Hotel, Star-way Hotel, JI Hotel, Manxin Hotel, and Joya Hotel. Its mission statement is to create great brands of hotels that guests love. The group predicts to be owning over a quarter of the hotel market share in the next five years
WEAKNESS The company is still young and the CEO Ritesh Agarwal is only 21. Being young and relatively having much less experience compared to the established players in the hospitability industry may lead to its own down side. Also, the country-wide property owners might not share the similar business ethos as of OYO Rooms. This might need closer look and careful due diligence while associating with the property owners as potential partners in adding to existing room capacity. OPPORTUNITY India is
Brazil Motivated by the great prospects of the Brazilian Hotel Industry, many entrepreneurs are taken by the idea of establishing a lodging business in the country. This guide will provide the steps to open a hotel in the country, and give some general information about the sector. The lodging industry in Brazil It is no news that Brazil is a very coveted touristic destination for many travelers. The country offers its visitors a diverse range of options, highlighting its natural beauties and historic
Team M Team M Four Star Industries Case Study Case Study Anaysis Four Star Industries Case Study Case Study Anaysis Table of Contents Background Current Situation * Market * Production * Manufacturing * Order Process * Inventory Management Issues * Model Proliferation * Inventory and Demand Mismatch * Poor Order Management Analysis * Safety Stock Analysis * Warehouse Rent Analysis * MOQ v/s EOQ * Production /Assembly Line Analysis Recommendations Conclusion
Team M Team M Four Star Industries Case Study Case Study Anaysis Four Star Industries Case Study Case Study Anaysis Table of Contents Background Current Situation * Market * Production * Manufacturing * Order Process * Inventory Management Issues * Model Proliferation * Inventory and Demand Mismatch * Poor Order Management Analysis * Safety Stock Analysis * Warehouse Rent Analysis * MOQ v/s EOQ * Production /Assembly Line Analysis Recommendations
Movie Industry/Hollywood Hollywoodland, known as the most recognizable film industry in the world from the 1920’s to now, slowly went from black and white silent movies to colorful motion pictures in the screens. This lead to a major production of movies along the road and introduction to big world famous stars that helped with the expansion of the entertainment business. Hollywood became an overnight success during the 1920’s by making improvements in the film and motion picture industry. Some
Movie Industry/Hollywood Hollywoodland, known as the most recognizable film industry in the world from the 1920’s to now, slowly went from black and white silent movies to colorful motion pictures in the screens. This lead to a major production of movies along the road and introduction to big world famous stars that helped with the expansion of the entertainment business. Hollywood became an overnight success during the 1920’s by making improvements in the film and motion picture industry. Some
Over the years, the lodging industry has seen its share of tough times.There were many tragic events all over the world. Some tragics were 9/11 terrorist attack,Hurricane Katrina, Great Recession,Gulf of Mexico oil spill, Earthquake in Haiti,Tsunami in Japan,Boston Marathon bombing, Ebola,the Paris attack,Zika virus,Madrid bombing,London Olympic bombing and many more. Those tragic events had a huge impact on the financial performances of hospitality and tourism business.One tragic event that effected
every person at every stage of the decision making process. Boston Consulting Group (BCG) Matrix is a four celled matrix (a 2 * 2 matrix) developed by BCG, USA. It is the most renowned corporate portfolio analysis tool. It provides a graphic representation for an organization to examine different businesses in it’s portfolio on the basis of their related market share and industry growth rates. It is a two dimensional analysis on management of SBU’s (Strategic Business Units). In other words