Woodmere Products Essay - 720 Words

1.What are the major business propositions for Woodmere and HomeHelp to consider in evaluating this proposal? The major proposition for both of them to consider is would they both benefit from this challenge. -For Woodmere it would be a unique opportunity for them to grow their business relationship with a company that is growing and evolving to gain a bigger % of the market with an exclusive distribution agreement. They only have a few rules to follow: keep costs low and service high, low overhead and EDLP strategy. -For HomeHelp it is the opportunity to ally with Woodmere to create a time based logistics to improve product availability in stores while reducing overall inventory. By Allying with a furniture manufacturer we have†¦show more content†¦(Are we able to run the old system and make adjustments while we are setting up new one, and do we have the right personnel) -HomeHelp The short term for HomeHelp would be working with a company that has been highlighted for leading edge logistics technology to help us move into the future. The barrier would be that they are not positioned for a dual logistic system at this time. Relying on only Woodmere to take them to the next step. The long term benefit for Home help would be reducing in store inventory costs, by using new integrated computer systems for clients. The long term barrier would be Do either Company have the money to invest in this type of logistics system? Are they both willing to continually invest into the future? Are they both willing to depend on the other company for their future? 4. If you were Woodmere’s top management, what suggestions would you make to improve the current proposal? Why? They should keep a small inventory at the store for the DIY customer who does not want to wait for their product. With 60% of the DIY customers you need to take that into consideration. Most of them if they do not find what they want will go elsewhere. Traffic flow is the life blood of the customer. Also by signing the contract we want to make sure that HelpHelp is not going to come behind us and make their own brand and undercut our pricing. Make sure that we are coveringShow MoreRelatedThe Business Propositions For Woodmere1164 Words   |  5 PagesWoodmere is a window fashion supplier with facilities in Michigan whose customers are predominately dealers at the retail level. Currently John Smith, a sales representative for Woodmere, has been working with a company named HomeHelp which is looking to secure an exclusive distribution agreement with a supplier that currently practices time based logistics. The opportunity could be very profitable for both companies as a time ba sed system would allow both companies to have greater visibility intoRead MoreInventory and Time-based Logistics1057 Words   |  5 PagesIBMS 406 Group I 1. What are the major business propositions for Woodmere and HomeHelp to consider in evaluating this proposal? Is time-based logistics the right strategy for each company? These are the major business propositions: * Information transmission system from POS data to manufacturing plant. * Inventory level control * The future perspective of annual growth * New business process * The initial investment on equipment, and additional cost The time-based logisticsRead MoreA Report On Suntrust Bank943 Words   |  4 Pagesregards to their network, server and website. The goal is to conduct an overall assessment of SunTrust’s website and select the key areas for assessment. The SunTrust.com website provides consumers and business partners with various services and products to make their online banking a breeze. SunTrust Bank PLC. is independently and franchised owned, however, there are certain risk associated with operating online business especially when customers are given the privilege to access their bank accountsRead MoreA Report On Suntrust Bank1671 Words   |  7 Pagesregards to their network, server, and website. The goal is to conduct an overall assessment of SunTrust s website and select the key areas for assessment. The SunTrust.com website provides consumers and business partners with various services and products to make their online banking a breeze. SunTrust Bank Inc. is independently and franch ised owned, however, there is certain risk associated with operating online business especially when customers are given the privilege to access their bank accountsRead MoreBe Our Guest, Inc.3184 Words   |  13 PagesHowever, the company wanted to ensure it had sufficient financing to handle a 15% rise in revenue in 1998. It also was evaluating investing in new computer and phone systems, and such long-term plans as moving into a larger building, expanding its product line, or buying a competitor.ï ¿ ½ But while the companys annual revenue from 1995 to 1997 had risen 49% to $2.7 million, net income for 1997 had declined 37% to only $88,000(See Exhibit 1) - mainly because Be Our Guests principals had increased their