Tuesday, February 18, 2020

Supply Chain Management. Tehindo Tea Manufacturing Company Case Study

Supply Chain Management. Tehindo Tea Manufacturing Company - Case Study Example According to the case study, the company has two types of products, ready to drink fruit tea and ready to drink jasmine tea. The paper will also explain the characteristics of products, the nature of demand, and the supply chain structures implemented by the company, to deliver successfully their products to their consumers. Additionally, the paper will also facilitate the discussions of the various supply chain concepts, for example, supply chain coordination, bullwhip effect, and vertical integration and outsourcing. Role of the key players and supply chain concepts The company has implemented a vertical integration model where a company within the Tehindo Corporate Organization supplies tea leaves, one of the main raw materials of producing their products especially the fruity tea. The company has big parts of land, which they grow tea thus supplying over eleven sale centers with various sales offices in Indonesia. Integrating the supplier’s actions on its own has become unachievable by several companies given the need for the company to minimize inventories and be able to deliver customers’ demands on time. This has been very helpful to the company since they have been able to concentrate more on the production and distribution sections of the company. The other responsibility of the manufacturers is ensuring that the products are safe at the design stage, where they can eliminate the hazards and any potential misuse in this stage. On the other hand, the manufacturer receives the raw materials from the suppliers and produces goo ds as per the market segment and those products that will satisfy the consumer needs. In addition, the manufacturers sometimes when they sell their goods direct to the consumers that they tend to control the prices of their products. The manufacturer also receives information from the distributors, wholesalers, and retailers about the products sales thus it becomes helpful in forecasting or making a decision of which product to invest more. The distributors, wholesalers, and the retailers act as the intermediaries for the company. Their main responsibility is making sure the company’s products are safely delivered and available to consumers. The flow of information is important in the supply chain especially to the manufacturing company. Every key player in the supply chain ought to provide potential information and correct statistics that the company can use to predict its production rates and the product to produce more depending on the demand rate in the market segment. Su pply chain complexity in the company is evident it has over the years grown exponentially due to several factors such as several market segments, extended production chains, high product choice and configurations, and temporary demand cycles. For the company to be in a position of perfectly manage it supply chains, it is necessary to remove the complexity in order to get rid of the inefficiencies and the layers hidden costs. Comparative analysis of the two products/supply chain in terms of challenges The Tehindo tea company produces two major types of tea namely Goteh mainly called Jasmine tea and Fteh mostly referred to as Fruity tea. Goteh is mainly packed in glass bottles though a small

Monday, February 3, 2020

Incentives and Disincentives for Corporations entering the Texan Research Paper

Incentives and Disincentives for Corporations entering the Texan financial industry compared to other U.S. states in general - Research Paper Example The outstanding leadership of Governor Rick Perry has promoted the growth of the Texas State and eventual recognition of the Texas model for economic development. The no income tax policy, minimal government interference, and maintaining fiscal discipline has promoted an increase in population and newly created jobs. Texas State has been so successful that Governor Perry has been flaunting the Texas economic benefits and openly luring businesses from California, Maryland and other states to â€Å"think Texas† and relocate to the Lone Star State. Introduction In the  United States of America, Texas State  is the  second largest  and has the second highest number of inhabitants out of all the  50 states.   (Hess and Sauter, 2013) observe that the 2012 US national economy grew, and Texas and California, some of its largest state economies grew more rapidly. California has the largest state economy, closely followed by Texas. According to the International Monetary Fun d 2011 rankings, Texas has a GDP of $1.2 trillion, that is, 8 percent of the total U.S. GDP. It is further recorded that the 2012 Texan GDP went up by almost twice the 2.5% of the total U.S. GDP. ... compared to other states, it leads in the agriculture , space and biomedical sciences, computers  and  computer electronics, energy and petrochemical firms. The mining industry, the largest in the U.S. that consists of oil and gas extraction has energy firms such as ConocoPhillips, Exxon Mobil is based there. American Airlines is based in Fort Worth while Southwest Airlines is based in Dallas. The Lone Star state is the pillar of the U.S. Air Force and lots of others all over the world as it makes its own fighter jets and has massive quantities of weapons-grade plutonium near Amarillo. The NASA Johnson Space Center, an aerospace center, the Dallas Cowboys and the Houston Texans football teams, the  Texas Rangers  and the  Houston Astros baseball teams and the  Houston Rockets, the  San Antonio Spurs, and the  Dallas Mavericks basketball teams and the Dallas Stars hockey team are all based in Texas State.   Population growth and energy manufacture in Texas have incre ased the Texan GDP rate by 4.8%. In 2012, population grew by about 1.7% and the energy industry accounted for $123.3 billion of the nation's $285.2 billion output (Hess and Sauter, 2013). Just like Florida, Nevada, South Dakota and Washington, Texas is a no income tax state (Wood, 2013). Among the 50 states, Texas ranks relatively low in terms of tax burdens and taxation on consumption. Texas  Governor Rick Perry has always been enticing Americans to relocate to Texas using the â€Å"no state income tax† tag line and pointing out the benefits of residing in the Lone Star State. The Texas’ economy is entirely diversified and not reliant on any one industry. As countless states are still tussling to develop their finances, Texas not only has all it needs for its critical roles, but also upholds a fiscally