How a company is most efficient in its use of credit, Operation Management

Assignment Help:

Step 1: Pick an industry that you find interesting. This may be driven by a company by which you would like to be employed or by some other factor. Within the industry, identify three companies that compete with one another. In order to ensure comparability and then go to Fundamentals, Company Report. The industry is in the first column, underCompany Information. Find three companies that are in the same industry.

Step 2: Collect data related to each company. At a minimum, find the income per employee, revenue per employee, receivable turnover, inventory turnover, and asset turnover for each company. This data is available under "Fundamentals," "Key Ratios," and "Mgmt Efficiency" on the website. You might also find it useful to review the "Company Report" for each firm. Here read the description of each company to better understand how they do business.

Step 3: Compare the companies based on what you have found. Which company appears to have the most productive employees? Which company has the best operations and supply chain processes? Which company is most efficient in its use of credit? Which company makes the best use of its facility and equipment assets?

Step 4: What insights can you draw from your analysis? Benchmarking is a process where one company studies the processes of another company (or industry) to identify best practices. What could your companies learn from benchmarking each other?

Related Discussions:- How a company is most efficient in its use of credit

Explain objectives along with your reasoning for creating, Imagine you are ...

Imagine you are the product manager for a new electric car similar to the Chevrolet Volt. Using all your knowledge of the new product life cycle, speculate on the stages of the lif

Explain one-factor-at-a-time experimentation, What are the advantages and d...

What are the advantages and disadvantages of full-factorial design over one-factor-at-a-time experimentation?

Product layout - connected flow, Product Layout - Connected Flow Where...

Product Layout - Connected Flow Where the demand for a single product is sufficiently high to warrant truly continuous operation (mass production for discrete items such as, c

Explain it by using a flowchart, Pizza USA is a chain of pizza restaurants ...

Pizza USA is a chain of pizza restaurants offers sit down and take out service. Part I as the customer: make a list of the attributes of a pizza delivery of pizza delivery that are

Describe at least four basic factors, In operations management, as in life,...

In operations management, as in life, a balanced approach is often the best policy. One of the best examples of the benefits of this in operations management is the "lean approach"

Explain small proportion of unionized employees, Why would it be harder for...

Why would it be harder for heavily unionized organizations to settle on their bargaining targets than for those with a small proportion of unionized employees?

Location decisions, the globalization and geographic dispersion of operatio...

the globalization and geographic dispersion of operations

Explain lead time, Explain Lead Time. Lead Time : Lead Time is the tim...

Explain Lead Time. Lead Time : Lead Time is the time that takes the stock to reach from Re-order point to minimum stock level. This may be also defined as the time as elapses

Explain implement a back command as a single word, • Open the original proj...

• Open the original project zuul-better that you first encounter in this unit%u2019s required reading. Save it using a different name, in this format: zuul-last_name_first-initial.

Write Your Message!

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd