Due to the COVID 19 situation, a business company specially (B2C) has fallen into profit diminution. Lots of foreign buyers have cancelled their deal due to transportation restriction. Many employees have been suffering from COVID 19. In this situation, the company cannot continue their business anymore. So, they decided to shut down their business for a temporary basis. But, the CEO of the company wants to run their business on a cluster basis. As a business analyst, a) What should be your approach to resume their business? b) How can they recover their losses of previous months?

Due to the COVID 19 situation, a business company specially (B2C) has fallen into profit diminution. Lots of foreign buyers have cancelled their deal due to transportation restriction. Many employees have been suffering from COVID 19. In this situation, the company cannot continue their business anymore. So, they decided to shut down their business for a temporary basis. But, the CEO of the company wants to run their business on a cluster basis. As a business analyst, a) What should be your approach to resume their business? b) How can they recover their losses of previous months?

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

ChapterC: Cases

Section: Chapter Questions

Problem 5.2SB

See similar textbooks

Similar questions

2. In this question, we will explore factors that influence growth for a company both growth in sales volume and growth in price. Describe one firm specific strategic factor, one industry specific factor, and one economywide factor that could impact one’s forecast of sales volume. Describe one firm specific strategic factor, one industry specific factor, and one economywide factor that could impact growth in prices as well.
In İstanbul, the number of electric scooter rental companies has reached five (i.e., Martı, BinBin, HOP!, Palm, and Link.). Considering the market structure types you have learned, how do you classify the electric scooter rental market? Why? What is the firms’ strategic variable in this competition?
Clean Air Ltd (Clean Air) had been a successful air conditioner manufacturer for manyyears. During the past two years, Clean Air has conducted research into newenvironmentally friendly ways to cool air without using electricity.In 2018, Clean Air made a decision to raise capital to enable it to conduct moreresearch. It also planned to expand its business by manufacturing portable solarpowered air conditioners. The board estimated it would need $100,000.After much consideration the Board decided to borrow the $100,000.00 from Vast Bank.Vast Bank would provide the loan only if Clean Air granted the bank a security interestover Clean Air’s assets.For some months Clean Air’s business expanded as planned but then a competitor, PureAir Pty Ltd, developed a more effective solar powered air conditioner and Clean Air’s salesbegan to decline rapidly.Clean Air is now finding it hard to pay its contractors and suppliers on time and is failing tomake regular loan repayments to Vast Bank. It is also…
Ramly Food Processing Sdn. Bhd or Ramly Group, is one of the Malaysian noble platform to produce halal, hygienic and quality products. The concept of Halalan Thoyiban has won Ramly products the confidence of the market. The Ramly Group currently exports its products to Indonesia, Singapore, Brunei, Thailand, Myanmar, Cambodia, and Bangladesh, and is planning to export its products to other Southeast Asian countries like Vietnam and the Philippines. Propose FIVE (5) options of entry modes that suits The Ramly group if they plan to open in other East Asian markets.
Problem 17 page 552The chancellor of a small regional college is concernedabout the declining freshman enrollment at his college. A number of factors have contributed to the decline, butthe chancellor believes it is directly related to annualtuition increases. He has collected the following data forthe past 8 years.year FreshmanEnrollmentAnnualTuition (In USdollars)1 6,550 32,0002 6,230 37,0003 5,980 45,2004 5,540 45,7005 4,960 46,2006 4,630 46,7007 4,520 52,2008 4,220 57,700a Develop a linear regression equation for forecastingfreshman enrollment as a function of the annual tuition.b Forecast freshman enrollment if the annual tuitionincreases by US$9,000 in Year 9.c Evaluate the "goodness of fit" of the regressionequation by computing the values of R2, r, and Syx and interpret the results.
SUBJECT : OPERATION RESEARCH 1. When problem become unrestricted after changing primal to dual simplex Method justify your statement with valid example. 2. Solve the following problem after finding its dual. Min z = x1 - 3x2 + 3x3 s.t. 3x1 - x2 + 2 x3 ≤ 7 2x1 + 4x2 ≥ -12 -4x1 + 3x2 + 8x3 ≤ 10 x1, x2, x3 ≥ 0
Sreebhumi Stationery is a stationery company that specializes in manufacturing of hard bound paper copies. However, in the recent years the cost of paper sheets that it used to import from Timbaktu has increased considerably. Therefore it is thinking of setting up a paper sheet manufacturing business in Timbaktu. What strategy is Sreebhumi Stationery pursuing? Whatare the risks and opportunities associated with this strategy?
As purchasing agent for Eynan Enterprises in Richmond, Virginia, you ask your buyer to provide you with a ranking of "excellent" (worth 4 points), "good" (3 points), "fair" (2 points), or "poor" (1 point) for a variety of characteristics for two potential vendors, Donna Inc. (D) and Kay Corp. (K). You suggest that "Products" total be weighted 0.4, the "Company" total be weighted 0.2, and the "Service" and "Sales" totals each be weighted 0.2. The buyer has returned the following ranking. Which of the two vendors would you select? Click the icon to view the rankings. Part 2 You should choose vendor ▼ Donna Inc. Either Kay Corp. or Donna Inc. Kay Corp. , with a weighted score of ________. (Enter your response rounded to one decimal place.)
Problem 4-11 (Algorithmic) Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity, and no one supplier can meet all the company’s needs. In addition, the suppliers charge different prices for the components. Component price data (in price per unit) are as follows: Supplier Component 1 2 3 1 $11 $12 $13 2 $9 $10 $9 Each supplier has a limited capacity in terms of the total number of components it can supply. However, as long as Edwards provides sufficient advance orders, each supplier can devote its capacity to component 1, component 2, or any combination of the two components, if the total number of units ordered is within its capacity. Supplier capacities are as follows: Supplier 1 2 3 Capacity 500 900 700 If the Edwards production plan for the next period includes 900 units of component 1 and 700 units of component 2, what purchases do you recommend? That is, how many units of each…
Civil engineering consulting fi rms that provide ser-vices to outlying communities are vulnerable to a number of factors that affect the fi nancial conditionof the communities, such as bond issues and real estate developments. A small consulting fi rm en-tered into a fi xed-price contract with a large devel-oper, resulting in a stable income of $260,000 per year in years 1 through 3. At the end of that time, a mild recession slowed the development, so the par-ties signed another contract for $190,000 per year for 2 more years. Determine the present worth of thetwo contracts at an interest rate of 10% per year.
A company can purchase component H from 3 potential suppliers. Supplier A charges a fee of $5.50 per component. Supplier B charges $1500 per order plus $2.00 per component ordered. Supplier C charges $4.00 per component, and requires the buyerto pay for at least 280 components (even if the order size is less than 280). ANSWER THE FOLLOWING QUESTIONS: 4) What is the full range of order sizes where each supplier is optimal?5) The company decided to buy 300 units of component H from supplier A. How much money could the company have saved if it purchased the 300 units from supplier C instead of supplier A?6) Next week supplier B will be running a 10% off special. If the company needs to purchase 600 units of component H during the special, which supplier should be chosen?
As the newly named president and CEO of Tourism Banff, the Destination Management Organization for the world famous iconic tourism community locatin in Banff National Park (BNP), Canada’s first and most famous national park, you have been asked to formulate a tourism development and promotion policy which balances the needs of residents of the small community of 6,700 permanent residents and the over 5 million annual visitors to BNP. In formulating the requested policy, keep in mind that the town of Banff is located in a National Park, how would you balance the rights and responsibilities of: a. Permanent residents of the community b. Visitors living in the nearby city of Calgary and c. Visitors from the rest of Canada How would you decide which kind of tourism activities you would both allow and encourage within the National Park? In formulating a vision for the future of the National Park community/destination, whom would you involve in the visioning process?