Monday, May 20, 2019

EDMUNDS CORRUGATED PARTS & SERVICES Essay

I. Problem Identification1. Demand on Edmunds Corrugated separate and Services products are diminishing. 2. Remote location of its melodic phrase.3. High price of ram material.4. Difficulty of replacing untiring and loyal existing employee.II. Objectives1. To keep the company of its current standing in the market in the future.2. To raise new parts and products that will compete on new trends of shipping products.3. To find other behind market that will increase its market parcel.4. To train and develop highly skilled worker at an earlier time to replace the retiring work force.III. Analysis and MethodologyThe case is being solved on the point of view of Mr. Larry Edmunds the Owner.Methodology employ in analysis SWOT AnalysisStrength1. much than 2 decades in existence.2. It has hardworking and loyal workforce.3. Industry leader with exceptional reputation for reliability. 4. Market make do is at 75 percentWeaknesses1. Location is rural.2. Products are not up the current tech nology.3. Revenues were beginning to fork out clear signs of stagnation. 4. Current workforces are nearing retirement.Opportunities1. Diversification of new and existing products.2. Has 50,000 square foot factory.3. Youthful workforce is available4. Other alternative business venture is emerging.5. Make use of the internet as a marketing tool.Threats1. Products are going to be obsolete.2. Paper industry is being wipeout.3. Clients are going oversea for a joint venture.4. Surviving manufacturers are investing on high quality machines that broke flock less frequently.IV. Alternative Courses of Actions1. Develop new parts and product that will cater the new machines use in manufacturing new shipping products. 2. Make a careful study to branch out the business to other areas to increase its share in the market. 3. Find an alternatives source of materials like durable plastics for shipping products. 4. have younger workforce and develop their skills.V. Conclusion / RecommendationThe c ompany should always look on the constantly evolving market trend on manufacturing and distribution on its industry. The company should adapt quickly to keep its share in market or introduce machines that will keep industry grow and lower doing cost through automation.All of the alternative courses of actions are recommended to keep the company move forward and get its goals.

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