Edmunds CorrugateManagement in Practice: Case For Critical Analysis: “Edmunds Corrugated Parts & Services” Resource : Daft‚ Richard L. MANAGEMENT (8th Edition) Chapter 8 Case Larry Edmunds grimaces as he tossed his company’s latest quarterly earnings onto his desk. When Virginia-based Edmunds Corrugated Parts & Service Co’s sales surged past the $10 million mark awhile back‚ he was certain the company was well-positioned for steady growth. Today the company‚ which provided precision machine parts
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Problem The demand on Edmunds Corrugated Parts and Services products is diminishing‚ because many of the surviving manufacturers have invested in quality machines. There is an alarming increase in the cost of raw materials. There is difficulty in replenishing the existing manpower. Objective Have a study to look for alternative products to be produced by the current factory set-up. Prepare for the replenishment the same quality employees. Hold trainings and seminars.
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Edmunds Corrugated Parts & Services Charles Reynolds Dr. Charles Woods Modern Management-500 August 10‚ 2012 Edmunds Corrugated Parts & Services Analyze the Issues Faced by Edmunds and Describe what lead the Company to this Situation Edmunds issues were the quarterly earnings. They simply was not as they had been in the past. In the past years Edmunds Corrugated Parts & Service Company had seen earnings past the $10 million mark. And now the company is beginning to see clear
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Brian Collins August 12‚ 2012 Brandon Guy Analyze the issues faced by Edmunds and describe what lead the company to this situation. The issues that Edmunds Corrugated Parts and Services have been faced with all lead the company to be in position that they are in. This company issues could be sum up as employment and competitor advantage. The employee issues started from the beginning of the company. According to the case Larry‚ the owner and operator‚ was not only given a loan but also a barn
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Edmunds Corrugated 1. Analyze the issues faced by Edmunds and describe what lead the company to this situation. Edmunds Corrugated Parts & Services are a company based in Virginia‚ U.S. owned by Larry Edmunds; who provided precision machine parts and service for the domestic corrugated box industry. About two years ago‚ Larry’s grandfather loaned him the money to start the business. It is Larry’s first factory; in a barn on what had been the family’s Shenandoah Valley farm. He operates
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Issues faced by Edmunds and what lead the company to this situation. There some issues that Edmunds Corrugated Parts and Services have faced that has made it to be in the position that it is currently. Initially‚ the company started with a problem of where to put up the industry. Otherwise‚ Larry’s grandfather was there to offer a barn where Larry would put up his first industry. The industry also had no money initially and therefore it had to start with loaned money from the grandfather (Stodghill
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Role of Internet in corrugated box industry?? Information technology provides corrugated box manufacturers with effective means of achieving their new manufacturing strategy. Figure 1 shows the framework of a computer integrated manufacturing (CIM) system for corrugated box manufactures. While the early computerization mainly covered data processing functions such as accounting‚ sales order and delivery entry‚ the new wave of computerization will very much focus on the value-added
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costs 2. What role do you expect the internet to play in the corrugated box industry? What are some ways that Edmunds could better use the Internet to foster growth? I would expect that the internet would be a great resource for researching other corrugated box companies. It would be good for advertising as well. Edmunds could make their website better and offer some of their services on their website. They could also purchase ad space on other websites that target the corrugated box industry
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CASE STUDY: EDMUNDS CORRUGATED PARTS AND SERVICES. Larry Edmunds grimaced as he tossed his company’s latest quarterly earnings onto his desk. When Virginia-based Edmunds Corrugated Parts & Service Company’s sales surged past the $10 million mark a while back‚ he was certain the company was well positioned for steady growth. Today‚ the company‚ which provided precision machine parts and service to the domestic corrugated box industry‚ still enjoys a dominant market share and is showing profit
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Part 2 - Supply Issues Case Ryan Schwab MGT147 31512 Principles of Supply Chain Management Case 3) Don’t shoot the messenger 1. If you were in Jeff’s position‚ what would you have done to preserve relationships? If I were in Jeff’s position‚ I would first have thanked my suppliers and expressed gratitude to them for being willing to work closely with the company in not only designing the new product line‚ but in then reducing supply prices by the asked for 10 percent. I then would have tried to
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