wolf motors
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 PresentationTRANSCRIPT
Wolf Motors
Team 2:Lisa Gue, Nitasha Hatcher, Kitty Hollingshead-Mancil, Scott John
Owner, John Motors
15 years of service
New auto mall
Unique customer service
Wolf Motors-Company Overview
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
Structuring the supplier relationship process
Adopting new purchasing policies & procedures
Reducing the investment and space
Maintaining adequate service levels
Recommendations
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
Sharing sales data- creates visibility to your suppliers into your demand
Collaboration working with your suppliers to develop customer demand planning
Supplier Structuring
Shorten lead time working with your suppliers to reduce the time it takes to receive inventory
Supplier Structuring
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
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
Three benefits to sourcing as one company:◦ Product costs◦ Administrative costs◦ Avoid supply chain
disruptions
Generic Parts
Benefits:◦ Improved
forecasting ◦ Reduced complexity
in dealing with suppliers
Brand Specific Parts
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
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
Centralized ordering and inventory department
Computer system to help alleviate space issues
Space Requirements
Reduce Costs
Create Additional Space
Maintain Relationships
Order Adequate Inventory
Streamline the Process
Conclusion
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
Questions?Wolf Motors