wolf motors

17
Wolf Motors Team 2: Lisa Gue, Nitasha Hatcher, Kitty Hollingshead-Mancil, Scott John

Upload: nita

Post on 04-Feb-2016

113 views

Category:

Documents


1 download

DESCRIPTION

Wolf Motors. Team 2: Lisa Gue , Nitasha Hatcher, Kitty Hollingshead- Mancil , Scott John. Wolf Motors-Company Overview. Owner, John Motors 1 5 years of service New auto mall Unique customer service. Wolf Motors-Company Overview. Foreseen dilemma with auto mall Buying experience - PowerPoint PPT Presentation

TRANSCRIPT

Page 1: Wolf Motors

Wolf Motors

Team 2:Lisa Gue, Nitasha Hatcher, Kitty Hollingshead-Mancil, Scott John

Page 2: Wolf Motors

Owner, John Motors

15 years of service

New auto mall

Unique customer service

Wolf Motors-Company Overview

Page 3: Wolf Motors

Supply methods and suppliers

◦ Parts borrowed from other locations when not in stock

◦ Forecasting method based on history

Foreseen dilemma with auto mall

◦ Buying experience

◦ Supply of parts & materials

◦ Financial concerns

Wolf Motors-Company Overview

Page 4: Wolf Motors

Structuring the supplier relationship process

Adopting new purchasing policies & procedures

Reducing the investment and space

Maintaining adequate service levels

Recommendations

Page 5: Wolf Motors

Company growth spurned by expansion

Current purchasing plan developed for smaller company with less lines of product

Four different car brands and the need to carry parts for each

Inventory is high and so are costs

The Purchasing Dilemma

Page 6: Wolf Motors

Sharing sales data- creates visibility to your suppliers into your demand

Collaboration working with your suppliers to develop customer demand planning

Supplier Structuring

Page 7: Wolf Motors

Shorten lead time working with your suppliers to reduce the time it takes to receive inventory

Supplier Structuring

Page 8: Wolf Motors

Safety stock levels inventory levels that a company carriers to protect against uncertainty

Just in Time “JIT” or managing inventories so that when product is reduced to zero restocking takes place

Supplier Structuring

Page 9: Wolf Motors

Multiple Purchasing Strategies

Generic parts: Items that can be used on multiple brands of cars; fan belts, oils, lubricants

Brand specific parts: Items that are designed specifically for one brand of automobile; guaranteed GM parts

Page 10: Wolf Motors

Three benefits to sourcing as one company:◦ Product costs◦ Administrative costs◦ Avoid supply chain

disruptions

Generic Parts

Page 11: Wolf Motors

Benefits:◦ Improved

forecasting ◦ Reduced complexity

in dealing with suppliers

Brand Specific Parts

Page 12: Wolf Motors

Overall Sourcing Strategy Compromise Strategy

◦ Centralized buying for generic parts◦ Localized buying for brand specific parts

Allows the dealership to get the best service for each category of parts

Page 13: Wolf Motors

To reduce investment, computer system will update the department when inventory is low.

Forecasting the budget in the future but still considering historical demand.

Reducing investments

Page 14: Wolf Motors

Centralized ordering and inventory department

Computer system to help alleviate space issues

Space Requirements

Page 15: Wolf Motors

Reduce Costs

Create Additional Space

Maintain Relationships

Order Adequate Inventory

Streamline the Process

Conclusion

Page 16: Wolf Motors

Krajewski, L., Ritzman, L., & Malhotra, M. (2012). Operations management: Processes and supply chains. (9th). Upper Saddle River, NJ: Pearson Custom Publication

Schiele, H. (2012). Accessing Supplier Innovation By Being Their Preferred Customer. Research Technology Management, 55(1), 44-50. doi:10.5437/08956308X5501012

Baladhandayutham, T. T., & Venkatesh, S. (2012). An Analysis on Application of Lean Supply Chain Concept for Construction Projects. Synergy (0973-8819), 10(1), 25-36.

References

Page 17: Wolf Motors

Questions?Wolf Motors