have experieited. CASE 1: ROUGH SEAS Bay Cove Marine distributes several lines o
ID: 420478 • Letter: H
Question
have experieited. CASE 1: ROUGH SEAS Bay Cove Marine distributes several lines of boating equipment, including parts for new and older models of pleasure boats, to coastal companies in lower Virginia and upper North Carolina. The items Bay Cove distributes to dealers are for direct sale to customers or for installation by dealers' service depart- ments. The pleasure boats the local dealers service include outboards, inboards, outriggers, and small sailing vessels. Bay Cove has always carried complete lines of boating equipment and marine paraphernalia. Its reputation has been maintained by a policy of stocking complete lines of parts and the widest selection of equipment within the area. Annual sales for Bay Cove have been fairly level over the previous three years, with the usual peaks prior to and during the summer season. Current sales are exhibiting a gradual downward trend, and projections indicate aExplanation / Answer
1. Lou's statement is not justifiable because managment is asking for explanation.
Why Lou's performance is not upto mark ?
why no improvement in inventory cost ?
Lou Port need to explain all the problems which impact the inventory level. He need to describe atleast some improvement during his 1 year tenure. He also need to describe some future improvement plans that management feels the positive sign of improvement in future for the organization.
2. Management should not expect from inventory manager to return the cost (Turnover) and free capital from the inventory. This is not acceptable job profile which you can expect from inventory manager. Bay cove create this job profile according their own requirement when they were not able to control the inventory. They have more expectation from new employee.
Inventory manager controls the inventory level (work in progress) throughout the workplace. Inventory manager need to schedule all delivery from supplier in timely manner. And He has to manage supplier delivery schedule in timely manner.
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