Chemistry and business administration management

Assignment Help Operation Management
Reference no: EM132234736

A local homebrewer is looking to expand his small in-home operations into a company that will mass produce his beers. He hires you, the analyst, to conduct an analysis on specific types of strategies that his company should take so as to succeed in his mission of providing fresh, locally sourced, handcrafted beers to all (of legal age) in NJ. In this case study, you will provide an analysis of the current market as it stands. You will leverage 5-Forces to describe the competitive landscape. Furthermore, you will identify the resources that the brewer currently has, and what they can obtain, so as to ensure that they are able to execute their operations by leveraging their core competencies. Last, you will identify the supply chain strategies that this company may want to implement given the competitive and resource-based analysis.

VRIN Analysis: The home-brewer holds a degree in Chemistry and Business Administration Management. As both a scientist and a business owner, he has a good chance of succeeding in this area. However, he needs to hire very skilled labor. In this part, you will go resource by resource to analyze what the potential competitive advantages are for the home-brewer.

1. Identify some resources (raw materials, people, processes, skills) that the brewer will most likely require.

2. Identify which resources are VRIN. Go resource by resource, and give a reason why your think that resource is VRIN (go step-by-step through VRIN for each resource). Do this about about 10 resources.

3. Which resources have you identified as VRIN? How might this business owner leverage these resources to compete within the NJ beer market?

Supply Chain Strategy: The brewer will need to partner with suppliers so as to ensure they are receiving the correct raw materials that are necessary in order to manufacture the beer. In this section, you will identify the types of supply chain strategies that will be necessary in order to leverage the competitive advantages identified above.

4. Draw out what the potential supply chain for this brewer will look like (at the organizational level of analysis). Identify the types of organizations the brewer will need to contract with. From there, think about the type of suppliers that the suppliers themselves might have.

5. Identify one or more supply chain strategies that may be necessary to achieve the mission of this brewer’s company. Think about the market characteristics of the beer market, the resources that this company will have, as well as the consumer taste preferences and demand NJ Local Brews patterns. Explain why you believe that the firm should engage in the strategy, or strategies, that you identified earlier.

Reference no: EM132234736

Questions Cloud

What is the standard deviation of probability distribution : What is the mean of this probability distribution? What is the standard deviation of this probability distribution?
What are mental and spiritual benefits of yoga : What are the unique challenges to managing a virtual project team? What are mental and spiritual benefits of yoga?
Discuss how the professional nurse uses information : Articulate how the professional nurse uses information and data in everyday practice to improve outcomes. Select your interviewee and schedule an interview.
Performance of the implemented network in packet tracer : NIT2222 – NETWORK TECHNOLOGIES - Perform necessary verification to test the performance of the implemented network in packet tracer
Chemistry and business administration management : The home-brewer holds a degree in Chemistry and Business Administration Management. Which resources have you identified as VRIN?
What is the yield to maturity of the? bonds : The bonds have a face value of ?$1,000?, a coupon rate of 2.5?% with coupons paid? annually, and they mature in 25 years.
How much will you have in your account after 19 years : You save $164 every month in an account that earns 5.3% annually and compounds monthly. How much will you have in your account after 19 years?
Describe relationship between theory and nursing practice : Think about your unique nursing practice specialty area and the population you serve. Is there a clear connection to practice and theory in your specific.
Determining the bond face value : The interest rate required for similar bonds from similar corporations is 11 percent. What's the bond's face value?

Reviews

Write a Review

Operation Management Questions & Answers

  What traits does an effective leader exhibit

What traits does an effective leader exhibit? Support your answers with at least three references.

  Compare and contrast job descriptions and job specifications

Compare and contrast job descriptions and job specifications.

  About under the federal insurance contributions act

Which of the following is NOT true about Under the Federal Insurance Contributions Act (FICA)?

  Control process is vital to organizations sustainability

Control process is vital to an organizations sustainability. Control includes the following: (1) Measuring the performance measures periodically--monthly or quarterly (2) Determining if the organization is making progress (3)   Determining if the str..

  What are the disadvantages of fast tracking and crashing

What is needed in order to have an optimum resource utilization in an organization? What are the disadvantages of "Fast Tracking" and "Crashing"?

  Usually not relevant to the decision-making process

Management decisions are based primarily on quantitative data because the qualitative factors are usually not relevant to the decision-making process.

  Save sensitivity report

Rienzi Farms grows sugar cane and soybeans on its 500 acres of land. An acre of soybeansbrings a $1000 contribution to profit; an acre of sugar cane has a contribution of $2000. Because ofa government program no more than 200 acres may be planted in ..

  Rules and regulations and standard operating procedures

Which of the following is a similarity between rules and regulations and standard operating procedures (SOPs)?

  Managing contingent workers

What structural issues might arise in managing contingent workers? Again, think about what you have learned about organizational design. How might that information help a manager address those issues?

  Describe the benefits and costs of good quality

Describe the benefits and costs of good quality, and the costs of poor quality.

  Evaluate the effectiveness of these actions

MGMT-6090 : Evaluate the effectiveness of these actions (2 pros and 2 cons) considering operations of the company.

  What are the various steps in the communication process

What are the various steps in the communication process between formal and informal communication in organizations?

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