Raw Materials: The materials of my company include the music CD’s that I will be purchasing from various sources to obtain my base inventory. Selection will be based on today’s popularity of music.
Inbound Logistics: Inbound Tracking systems will be used to track the inventory that is coming to the warehouse and have estimated times of arrival. Have feedback of what items we have to order more of and less of and base our shipments on it. If we have an item that is sold-out but we know one will be coming on the next truck we can give an estimated time of arrival at the warehouse and to the customers house for customer satisfaction.
Warehouse and Storage: An Inventory and Control System can be used. Here will be the warehouse that holds our unprocessed inventory. It will be held here and processed here. The system will update our inventory count.
Production: Processing and organizing the music CD's to be moved to the finished product storage. We can confirm our order was correct and add them to our finished product storage inventory.
Downstream Management:
Finished Product Storage: The processed CD’s are stored in an organized manner for easy retrieval when an item is purchased. Items are bin located and stored on a computer system. We can keep track of how many we have of a product, if we need a product and if we have too many. This way we can order more, lower the price, or refuse to buy any more if we have too many. Automated Storage and Retrieval Systems can be used once an item is purchased it can be marked as purchased and once it is pulled and shipped it is removed from inventory. This can help eliminate confusions and keep the inventory organized.
Outbound Logistics: Offer shipping options to our customers. Have a Distribution Planning system. Track the items that we are shipping out and have estimated time of arrival. We also offer a tracking number so the customers know where their CD’s are. Use the least expensive methods to ship to different places in the most efficient time to determine the most profitability and customer satisfaction.
Marketing and Sales: Use the proper, popular, more inexpensive ways to promote my new business (Website ads, commercials, Youtube ads). Use a Promotion Planning System to determine which methods work and which do not. Weight the cost of each method to the amount of traffic it brings to our website and limit/increase it based on what’s most profitable.
Customer Service: Customer Service Tracking and Control Systems can be used to track orders and customer feedback. Tracking orders helps with organization and confirms a package arrived to a customer. We can change services we offer and methods we used if a similar problem arises from customer feedback.
Feedback:
Grade: 5.00 / 5.00
Good job!
No comments:
Post a Comment