Problems faced by Grandiose Motors Essay Example | Topics and Well Written Essays - 2500 words

Problems faced by Grandiose Motors - Essay Example Being proactive in his approach, the CEO wants to make sure that the planning for inventory management is done in advance so that the company can remain efficient. A major factor, which Felix Fabulous has extracted out, which could cause problems to the company is the inventory management system of the spare parts which are used in after sales service, one of the most important reasons why customers prefer Grandiose Motors over its competitors. In order to maintain the reputation of the company as an excellent provider of after sales service, the CEO wants to make sure that the purchasing and inventory management of the service parts should remain as efficient as possible and the company must be able to provide all the necessary spare parts without delaying customer wait time and at the same time reduce the cost of inventory holding and other operations in order to provide customers with low priced after sales service car repairs.. That is why he wants the purchasing department to de vise strategies for improved purchasing and warehousing of spare parts and other materials. A car dealership is a business in which profitability depends on per square foot of floor space and as vehicles occupy a lot of space, it is important that any car dealership must allocate maximum space to accommodate the placement of vehicles. In order to do so, it must utilize a much lesser space for other operations such as keeping and warehousing inventory. In light of this, Grandiose Motors faces the following problems related to space availability and inventory management: All the parts had different levels of demand and different suppliers; hence the company had to deal with many suppliers at the same time. This prohibited the company to achieve cost cutting as they could not purchase bulk quantity from a single supplier at a discount.

G-20 and other Global Organizations Research Paper

G-20 and other Global Organizations - Research Paper Example G-20 initiates close cooperation with other international organizations like World Bank, International Monetary Fund, Financial Stability Board, and Basel Committee on Banking Supervision; moreover, experts from private and governmental organizations have been invited to the summit on an ad hoc basis (www.g20.org). New financial policies adopted by the core committee have evoked severe response from the public in many countries, particularly, Canada. Toronto was the hot potato during this jolt as it gathered world’s major financial leaders amidst warnings that their failure to cooperate on core financial and economic issues cold cost tens of millions of jobs across the globe. The inapplicability of the policies of G-8 resulted in framing a more powerful G-20 to overcome the financial crises the world face at the moment. The G-20 richest countries in the world gathered to facilitate discussions on international financial meltdown and finding out repairs to international capitalist system. The problem starts when the G-20 meeting is announced as the protestors keep in focus the issues related to continued lockouts and strikes at factories, job cuts, pension destructions, eviction of houses, rise in unemployment, uncertainty and homelessness of employees. The meeting essentially takes place to discuss only problems such as recession, bank failures, regulatory wreckage, falling trade, rising unemployment and anti poverty targets. Whenever there is a G-20 meet, it is common to see a large crowd of people gathering at the spot to protest the meeting with various reasons of their claims. As reported by Schneider & Wilson (2010), Toronto’s policy intended to further exploit the environment and people sing a system that sustains colonialism, wars and displacement was opposed largely by a gathering of tens of thousands of people at Toronto. The activists were capable of demonstrating their struggles