Kuiper Leda Problem Solution and Defense Case Study

Kuiper Leda Problem Solution and Defense - Case Study Example For increasing profit company has to focus on sales figure. Kuiper Leda built a strong reputation with its clients / customer due to right quality, right quantity & right price. Kuiper's customers are having faith on kuiper's capability. Kuiper decide to launch a new product knows as Radio Frequency Identification Devices (RFID). Initially kuiper's started with a very small setup for this device. And Kuiper is facing a problem in managing inventory for this new setup. The inventory cost is on the higher side. So Kuiper decide to decrease in inventory cost using effective operation management. Decrease in inventory cost will definitely increase the revenue of the company and its share holder / stock holder. Increasing the revenue of the company, automatically ensure the future growth of the company. Kuiper Leda management team should need to focus on the adequate forecasting of inventory, so that the production process can be run smoothly, without increasing the inventory holding cost. This Effect the future growth of Kuiper Leda. For achieving decrease inventory cost Kuiper Leda instruct the operation Management team to keep track of the production process. During the inspection of production process, team was asked to keep track on inventory also. This team has to focus on the production process & inventory, & need to found how much inventory is required for a specific order. Kuiper Leda asked its team to decrease in over heads in various department like in production, in quality, in inventory, in transportation. Issue and Opportunity Identification Issue Opportunity Reference to Specific Course Concept (Include citation) Concept Kuiper Leda's main issues are the future growth of the company, & future growth of the company is depends on production, inventory, resources & order completion in time To keep the cost down proper inventory management & increased in production is required. This process include to make a raw material store near to the company to keep transportation cost low, & material is available at the time of production process. Removal of Extra production capacity means that only required material or process should be used in production. Capacity of Raw material store should be adequate to handle incoming raw material. Right forecasting of inventory for just-in-time to maintain effective inventory controls (Aquilano, Chase & Jacobs, 2005, ch 8, pp. 60) Inadequate inventory management Need to make a effective Inventory management program Forecasting of inventory for just-in-time to maintain effective inventory controls Aquilano, Chase & Jacobs, 2005, ch 8, pp. 60) Number of suppliers are too large Need to develop a distribution centre Increase communication with suppliers to prevent delays in product to increase production. (Chase, Jacob, and Aquilano, 2006, ch 8, pp. 25). Logistic Control Need to develop logistic Management System Logistic will keep track on cost of delivery of finished goods (Aquilano, Chase & Jacobs, 2006, ch 1, pp. 5) Timeliness delivery of product Need to develop a team who keep track on supply chain Management Team will check each & every process

European financial market Essay Example | Topics and Well Written Essays - 1750 words

European financial market - Essay Example In business parlance, pooling is the grouping credit transactions like bank loans( Brigham, 1985). An example is when loans and other long term liabilities with the same characteristics are pooled successfully into a new stock. Other examples of pooling applying for cash loans(Weston, 1993) with property, plant and equipment are used as collateral loan received is used to invest in several stocks and bonds. The company can also enter into a bond agreement where the bank intermediaries will give a $200,000 loan where the house and lot and another factory equipment will be pooled together to be used as collateral to put buy stocks in the stock exchange. Funds includes all available money, including cash and checks deposited in banks and cash on hand. Funds also include mutual funds(Gartner,1997) where money is invested in many stocks and bonds and not lumped on one stock or bond alone. Pension fund is one fund pooling where the employees contribute a small amount of money to a fund so that when such employee retires, he or she will be able to receive a pension benefit upon his or her retirement. Pension fund could be availed of upon retirement either by lump sum method or monthly method. The factors that affect the success(Thompson, 1999) or failure of a pension fund is based on the tables below. The Life expectancy table shows , in 2002, that in the United Kingdom women will generally live until the ripe old age of 80 years old as compared to only 73.7 years old in 1960. The men, meanwhile, will live up to the ripe age of 75.2 which is an increase from the 67.0 years old age in the year 1960. The elderly will increase to 47 percent in the year 2040 in the United Kingdom as compared to only 32 percent in the year 2020. The table below also shows that pension assets divided by Gross Domestic Product is 91 which lower than the amount accorded to Switzerland and Swed en. The pension assets of United Kingdom pension assets will reach US $1,403,000.000. The real returns divided by risk for United kingdom pension fund is 5.9 and its 50-50 bond equity is 4.4 while the pension plan's global portfolio 67.5 and lastly, The real average earnings of United Kingdom is 2.8. One popular pooling of fund transaction is to exchange cash on and cash in banks and to invest these funds in the stock market. The company then generates income both ways. The first way is to earn dividends that the invested company declares. The second way to gain income is to sell the stocks at a market price that at a much higher than the price when the company bought the stocks. THREE OTHER FUNCTIONS OF FINANCIAL SYSTEM Financial System (UK) . This is defined as the information system(Obrien,1992) shows us all MONEY transactions using applications such as word, excel, quickbooks, MYOB accounting software and many others for the gathering of business related data such as official receipts received from suppliers for purchases paid or officials receipts issued for items sold. Electricity, water and telephone bills are also documents evidencing data to be inputted in the