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New Mexico Labor Department

Decent Essays

1. To calculate multifactor productivity, we divided our inputs by total outputs. Beforehand, capital costs as well as barrel costs were low. When we calculated the multifactor productivity for 2009, the capital costs nearly doubled and the barrel costs also increased. This resulted in a minimal increase in productivity. Since the productivity percentage has decreased, some of the suggestions for Zychol Chemical Corporations would be to look for suppliers that can offer cheaper cost per barrel. Also re-examining the large increase in capital costs might provide some deeper insight into the drop of productivity. 2. The productivity of making product decreased; however, the price of the product increased thus they are increasing profit. Thus, …show more content…

Identify non-core competencies New Mexico Labor Department should have made extensive analysis that would evaluate the degree of impact that unemployment compensation information has on the operations of the entire company. This analysis should include both qualitative and quantitative measurements. Identify non-core activities that should be outsourced Before assigning Tata as the outsourcing company New Mexico Labor Department should have made sufficient analysis that would provide an objective way to evaluate outsourcing company. Factor-rating method would one of the effectives ways to do evaluation. Identify impact on existing facilities, capacity, and logistics The initial system was delivered 1 year later and over budget by $10million Establish goals and draft outsourcing agreement specifications New Mexico’s Labor Department could have presented and enforced a more precise deadline, and consequences on unfulfilled requirements, established security of information contract. Identify and select outsource provider New Mexico did not factor that Tata had never worked on an unemployment compensation system. They should have looked for a firm with a higher experience, more reliable reputation, costs, reviews and feedback from those who have used Tata and Tata’s ability to meet budget and …show more content…

One of the ways to monitor process and make sure it is done by due date is specify partial deadlines and deliverables in the legal contract and develop penalties in case these specifications are not met. Evaluate and give feedback to outsource provider Make sure outsourcing company responsive to feedback and makes changes according to the requirements of hiring company. Monitor the process through representatives of hiring company to make sure mistakes being fixed before they incur additional cost. Evaluate international political and currency risks Implement extensive research to predict possibility of economical, cultural or financial complications in the outsourcing country. Make economical/political stability one of the factors in the evaluation process as well as tariffs, customs, and insurance. Evaluate coordination needed for shipping and distribution New Mexico’s Labor Department should have considered logistics and time required to transfer all information required to Tata to start the process of implementing software for them. Along with safety of transferring the

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