Executive Summary The CEO at West Lake Home Furnishings LTD‚ Charles Bowman‚ came across with a proposal of reducing the retail price of a signature line of decorative lamps from $69.99 to $29.99 for a period of one year. This customer has a large U.S. based retail chain accounted for one-third of West Lake’s wholesale business in 2006. The company had to adjust by holding higher inventory levels in warehouses. West Lake Home Furnishings LTD is intending to stay at top of its business and is
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West Lake Home Furnishings Ltd. Written Analysis and Communication - II Instructor Submitted by Section- D 2/08/2008 Date: May 30‚ 2007 To: Charles Bowman‚ CEO‚ West Lake Home Furnishings Ltd.‚ Ontario‚ Toronto. From Subject: Advice on whether to accept the offer of reducing the price of signature product to $29.99 for a year. This report is a summary and analysis of current situation on West Lake Home Furnishings Ltd. (WLHFL) The analysis is based upon the basic objective
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Overview West Lake was established in Toronto‚ Ontario in 1970 as a manufacturer of table lamps. During the next thirty years since its founding‚ West Lake had extended its wholesale line to involve both floor lamps and lighting fixtures. It opened a retail store in Toronto‚ selling a broad line of lighting and some traditional home decor products. In addition‚ it also began its business online and sells its products directly to consumers. Charles Bowman‚ the CEO of West Lake Home Furnishing Ltd‚ had
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ISSN 1940-204X Newport Home: Multichannel Merchandising and Inventory Management Regina M. Anctil University of St. Thomas Opus College of Business P. Jane Saly University of St. Thomas Opus College of Business Introduction furniture‚ are based on classic designs that change somewhat over time. Seasonal products‚ mainly soft goods‚ upholstery‚ and small hard goods‚ change frequently. The introduction of seasonal products has become a year-round job for the company designers
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A. 2006-2007 Current Ratio = Current Assets/Current Liabilities =(1‚500‚000/2) / (600‚000/2) = 2.5 Quick Ratio = (CA - Inventories)/CL =(1‚500‚000/2)-(950‚000)/2)/(600‚000)/2) = 0.92 NWC to Total Assets Ratio = (CA - CL)/Assets =(1‚500‚000/2)-(600‚000)/2)/(2‚200‚000/2) = 40.9% 2007-2008 Current Ratio = Current Assets/Current Liabilities =(1‚770‚000/2) / (774‚000)/2) = 2.29 Quick Ratio = (CA - Inventories)/CL =(1‚770‚000/2)-(1‚100‚000/2))/(774‚000)/2) = 0.87 NWC
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Scandi Home Furnishings Case Kaj Rasmussen founded Scandi Home Furnishings as a corporation during mid-2007. Sales during the first full year (2008) of operation reached $1.3 million. Sales increased by 15 percent in 2009 and another 20 percent in 2010. However‚ profits after increasing in 2009 over 2008 fell sharply in 2010 causing Kaj to wonder what was happening to his “pride and joy” business venture. After all‚ Kaj has continued to work as close as possible to a 24/7 pace beginning with
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Case Hand-In: WhiteWater West Industries Submitted by: Ben Goodman Student Number: 0306298 Submitted to: Prof. Tannys Laughren November 14th‚ 2013 Executive Summary In August 1995‚ President Geoffrey Chutter of Richmond‚ British Columbia based WhiteWater West Industries Ltd.‚ a water slide designing‚ manufacturing and installation company‚ decided that the company’s fiberglass manufacturing facility in Kelowna‚ BC needed to be relocated. The main reasoning for the move
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Kaj Rasmussen founded Scandi Home Furnishings as a corporation during mid-2002. Sales during the first full year (2003) of operation reached $1.3 million. Sales increased by 15 percent in 2004 and another 20 percent in 2005. However‚ profits after increasing in 2004 over 2003 fell sharply in 2005 causing Kaj to wonder what was happening to his “pride and joy” business venture. After all‚ Kaj has continued to work as close as possible to a 24/7 pace beginning with the startup of Scandi and through
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ndia Reports Home Furnishing Industry in India A Chillibreeze Publication | November 2008 Home Furnishing Industry in India Table of Contents 1. Home Furnishings – An Introduction ...........................................................................................4 2. Home Furnishing Industry in India ..............................................................................................4 3. Production Centres – Products Related To Home Furnishings .....................
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Introduction Progressive Waste Solutions LTD (PWS) was founded in 2001 and its headquarters can be located in Vaughan‚ Canada serves as a vertically integrated Waste Management organization. Its main purpose within the industry is to collect and dispose of commercial‚ industrial‚ municipal and residential non-hazardous waste. Previously operating as IESI-BFC LTD‚ PWS incorporated back in May 2009 which proved to be a positive step into its plan of vertical integration. Looking to further integrate
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