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Kimberly Electrical Supplies Limited Essay
It is true that one of the major challenges facing Kimberly Electrical Supplies Limited is poor stock management. There are a lot of inefficiencies on the way the management of this organization handles its stock.
However, I would like to give the following recommendations:
- There should be the establishment of a strong sales and marketing department. This should be equipped with a well trained to staff to effectively deal with all its activities. In order to help the organization deal with this problem, they should conduct an extensive marketing research in order to acquaint them with the prevailing market conditions. Research paper writing service-top-rated writers online Hence, ascertaining the level of consumer demands will make it easier for them to know the right quantity of goods to produce, not to have a dead stock.
- I would also like to recommend that there should be the construction of a well equipped spacious warehouse for the storage of stock purchased. As indicated in the case study, the current store is quite small and can not accommodate all the available stock especially when a high volume is purchased for re sale. This will help to ultimately eliminate this problem from causing havoc to this organization. Research paper writing service-top-rated writers online
- Finally, I would like to recommend that for this company to perfectly manage its stock, it should employ adequate staff to handle the various sensitive products it deals with, without any problem. They should be knowledgeable on how to handle these equipments at all the times.
Recommendations to improve work schedule
Since Kimberly Electrical Supplies Limited is a small enterprise with only 22 employees, it has become a great challenge for it to design the most appropriate schedule for all the workers. Hence, in order to remedy this problem, I would like to give the following recommendations:
- The organization should consider recruiting additional staff. This will enable each of these employees to get time to do the good job. They will not be overworked because their duties are well planned.
- There should be a division of labor and specialization in this organization. Each and every worker should specialize on their own areas of expertise without unnecessarily being multitasked. Research paper writing service-top-rated writers online As a result, employees such as Tim Seddon who are holding two different positions will get time to concentrate on one job. This will make them comfortable and improve the quality of their delivery.
Recommendations to improve handling of deliveries
This case study indicates inefficiencies in handling delivery of Kimberly Electrical Supplies products to its clientele. However, in order to improve on this, I would like to give the following recommendations:
- The purchasing section of this organization should be supplied with well trained personnel. These should properly handle the purchasing documents and operate delivery machines such as the fork lift. The way purchasing documents are traced in the delivery tracks indicates poor organization. Hence, modifications should be made to rectify the situation. Research paper writing service-top-rated writers online This will minimize the persistent delays experienced so far.
- There should be a proper management of delivery machines. The fork lift machine used for off loading must be well maintained and repaired in case of any break down. This will improve its operations without interfering with the delivery processes.
- Moreover, it may be important if more of these machines are acquired to help in handling bulk products often purchased. In fact, the current folk lift seems to becoming obsolete. It should also be replaced with a new modern one.
- I would like to recommend that there should be alternative sources of power for the operation of this machine. It is really difficult for the organization to accomplish its objectives if it can not perfectly handle this department. So, instead of relying on only one energy source, more alternative sources like generators should be availed. Even if it may be an expensive affair, it will help to improve the reliability of services and pave way for expansion.
Recommendations to improve capacity utilization
Since one of the major goals for any business organization is to make profit, the management of Kimberly Electrical Supplies Limited must take the most appropriate steps to ensure that this is achieved. Research paper writing service-top-rated writers online In order to improve on its out put, it is paramount for it to take the necessary steps.
This will be in line with the following recommendations:
- There should be recruitment of more staff. Being an engineering firm, it is essential to hire experts each of who should be motivated. They should be given equal opportunities with none of them being overworked.
- This organization must embrace the concept of specialization and division of labor. Each of its workers should posses the right qualifications needed for their tasks. There should be no gambling and favoritism in awarding any job. If practices such as employing of family members to serve two different positions are stopped and professionalism adopted, Kimberly Electrical Supplies Limited will go far.
- There should be a construction of a modern warehouse. Research paper writing service-top-rated writers online Meaning, it should be equipped both with competent personnel who can keep the records of products brought in and taken out of the store. At the same time, it should have properly maintained loading and offloading machines, accessibility, enough space and favorable conditions for the storage of commodities without any interference.
- Finally, the fir should market its products to a wider section of the market. This will increase the number of its clients who will then consider it the best supplier and purchase from it. However, this will only happen it takes the necessary steps to improve the quality of its output by fully engaging and occupying its workforce.
Kripsy Kreme Doughnuts Essay 2
Krispy Kreme Doughnuts International is an international store that deals with doughnuts. Its products are sold in gas stations, convenient stores and grocery stores.
This research paper seeks to analyse and report on the current business levels and it suggests recommendations and changes that could help the company become more competitive in the market today.
Krispy Kreme Doughnuts Management
A research study carried out on the Krispy Kreme Doughnuts management from a third party point of view shows that the company’s management is inefficient in relation to investment planning, accounting, marketing and its operations.
The main objective of the research was to come up with ways in which the company could recover its success. Some of the suggestions and recommendations include: the company has to gain back its lenders and investors confidence, increase profitability and sales in the selling and core business of the doughnuts, increase and regain the stock price thus the shareholders value, correct wrong and inaccurate entries into the financial statements, extend strategic policies to customers in order to ensure that significant growth is achieved within a period of 5 years and implement marketing measures and strategies in order to invest the premise operations strategically (Ireland 105).
In this case, the main areas of consideration are plans to open more doughnut shops, plans to generate more revenue from primary sources and plans to win their investors and customer’s confidence and trust.
According to analysts, the company will continue to grow and perform higher scores in the next two years based on the products quality (Parasuraman 51).
Research paper writing service-top-rated writers online The research carried out on the same has shown that the company will grow and perform higher rates in the next two years if the company continues to provide the highest quality doughnuts and adopt the above objectives.
Current business Level Strategies
The Kripsy Kreme business strategy is focused and based on revenues from the sales and franchises fees. In this way, the company will be able to reduce the risks and at the same time provide income.
Research paper writing service-top-rated writers online The company’s current strategic plan is to introduce vertical integration supply which will help to control all the costs. In this way, the company will be able to identify the changes in the new trends of the public in general.
Conclusion
Krispy Kreme Doughnuts still has many opportunities to expand its geographical network. The company’s perspective is to make Doughnuts with the best unique and quality taste. This will ensure that the company remains a step ahead of its competitors.
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