Global Supply Chain Management Assignment Fine Fruit Cake...

GLOBAL SUPPLY CHAIN MANAGEMENT Q2. FINE FRUIT CAKE COMPANY A. Monthly and annual capacity for fine country fruit cake company. 1. Calculations . a. In calculating the monthly and annual capacity, the following assumptions have been made: †¢ The Company works for five days each week †¢ There are four weeks in each month †¢ The opening stock of 100 cakes of each size on 1st of January is not considered while making the calculations b. From the question, we know that all production is done in batches of 10 kg of only one size of cakes at a time. Therefore we can either have a batch of ten cakes of 1kg each or 5 cakes of 2 kg each. If we assume that the company can produce an average of 2 batches each of†¦show more content†¦C. CHANGING MARKETS Currently, Fine Fruit Cakes Company sells its cakes mostly to cafes and restaurants. In trying to increase sales to crafts shops and tourist centres, the following advantages and disadvantages need to be considered: Advantages †¢ Crafts shops and tourist business would offer more flexibility and may not require goods at short notice as compared to cafes and restaurants; this would reduce pressure on the company’s production. †¢ The new markets would probably not demand discounts, (such as those demanded by restaurants), allowing higher profit margins †¢ They would also probably require goods in smaller sizes (1 kg cakes as compared to 2 kg cakes). As discussed previously, such a change in the ‘mix’ of products would result in higher profits since 1 kg cakes take less time to produce due to their shorter baking time. †¢ A look of the trends in sales reveals that there is a strong seasonal influence on sales; there are significantly higher sales figures in the months of March, October and November, with the highest recorded sales are in December, reflecting a heavy demand for cakes during Easter and Christmas seasons. This would probably change if the company focused on these new outlets; production would probably level out during the rest of the year and increase during tourist (summer) months resulting in an alternative, non-peak demand. As a result, the company would beShow MoreRelatedGlobal Supply Chain Management Assignment: Fine Fruit Cake Co Human Resource Inc3363 Words   |  14 PagesGLOBAL SUPPLY CHAIN MANAGEMENT Q2. FINE FRUIT CAKE COMPANY A. Monthly and annual capacity for fine country fruit cake company. 1. Calculations . a. In calculating the monthly and annual capacity, the following assumptions have been made: †¢ The Company works for five days each week †¢ There are four weeks in each month †¢ The opening stock of 100 cakes of each size on 1st of January is not considered while makingRead MoreTransforming Total Sales into Net Profits51271 Words   |  206 PagesData Kendall, Gerald I. Viable vision : transforming total sales into net profits / by Gerald I. Kendall. p. cm. Includes bibliographical references and index. ISBN 1-932159-38-X (pbk. : alk. paper) 1. Sales management. 2. Marketing—Management. 3. Corporate profits. 4. Corporations—Growth—Management. 5. Organizational effectiveness. I. Title. HF5438.4.K46 2004 658—dc22 2004018021 This publication contains information obtained from authentic and highly regarded sources. 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