numerous taxable jurisdictions to which our business is related. Concerning our inventory turnover ratio‚ it is decreasing to 10 because of our continuing focus on in-stock inventory availability and our investment in new geographies and product lines. But thanks to sophisticated inventory forecasting‚ our ratio is still superior to both industry and Staples ratios of 8. Our working capital turnover ratio of 10 benefits from its fast inventory turn. Moreover‚ Amazon has managed to build a retail
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Currently CanGo is focusing on implementing a new inventory management system by installing new technology to make things simplified and more efficient. The new ASRS systems will perform‚ on average‚ 8x the amount of work that a manual picker can perform in one hour. That translates to one ASRS will perform the same as the sum of your current staff. The idea of bringing in two machines to double your processing speed while cutting your storage space in half by storing vertical is a great first step
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How would you recommend we go about reducing the turnover in our stores? Whether the organization has one employee or 100‚ recruiting and retaining plays a very important role in an organization’s efficiency and profitibility. High employee turn over affects companies in a number of ways. Since every minor detail cannot be documented‚ when an old timer leaves‚ he takes with him a major share of valuable organizational knowledge with him. These people also boosts up the morale of the fellow
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WEEK 3 & 4 VIDEO ANALYSIS ASPIRE BUSINESS CONSULTANTS March 23‚ 2012 CanGo is looking at becoming more productive within their specific demographic. Before doing so they have to make the appropriate actions to encourage the customers to follow through with their orders and expanding to different demographics. Aspire Business Consultants has become aware of six key issues with recommendations that will help provide a solid foundation for future endeavors. These issues cover a range
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Question 4: Calculate the total asset turnover‚ the P‚ P‚ & E Turnover‚ and the intangible asset turnover for each of the past two years. Are these turnover ratios increasing or decreasing? What might explain these trends? Total Asset Turnover is a financial ratio that measures the efficiency of company’s use of its assets to product sales. It is a measure of how efficiently management is using the assets at its disposal to promote sales. The ratio helps to measure the productivity of a company’s
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Week 6 Video Analysis Team Go-Getters Issue 1: No clear strategy for expansion CanGo has had its success‚ and now they are looking into the future. Their question is‚ “What’s going to help them grow?” and as Liz said‚ “Turn them into a mighty oak.” CanGo recognizes that branching out and delving into new territory will be profitable and its popular with investors since they’re thinking of going for an IPO. The possibilities of adding e-books‚ streaming audio and video is hip but they also
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4.5 TURNOVER RATIO Turnover ratio help in knowing how well the company manages it resources. If the company manages its resources well‚ the larger will be its sales and thus helps in making larger profits. Thus it depends on the company how well it converts the assets to sales which can be determined through this ratio. I. DEBTORS RATIO It represents the number of days required or taken to collect the credit sales which reflects the collection strategy of the company. It measure the
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financial side of purchasing‚ installing and training the current employees on the new ASRS and also integrating it. Clark and Elizabeth try to tell them that the company really does not have the finances to do this at the moment. Solution: CanGo needs to start with just one ASRS system instead of purchasing two at this time so that they can see how product flows and if they really need second system. The cost of a ASRS system varies in size and how it functions within the warehouse. The cost
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American Apparel: Employee Turnover When our interviewees were asked the question: “Have you ever considered quitting? If so‚ for what reasons?”‚ each one of our interviewees answered yes. They each stated that they were either currently looking for a new job or have already found other jobs that better suite their needs. Employee turnover takes place when an employee willingly leaves their job and must be replaced. High employee turnover can be damaging to a company due to the fact that hiring
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Research‚ 2010‚ Volume 12‚ Number 1‚ pages 17-39 An Investigation of Country Differences in the Relationship Between Job Satisfaction and Turnover Intentions Lap Luu California State University‚ Long Beach Keith Hattrup San Diego State University The relationship between job satisfaction and turnover is important due to the extensive costs of turnover in most organizations. Unfortunately‚ little is known about how cultural differences at the national level‚ such as differences in uncertainty
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