StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Analysis of Parts Emporium Inc - Case Study Example

Cite this document
Summary
This essay discusses the sale distribution center of automobile parts Parts Emporium Inc which was founded by two auto mechanics. The increasing preference towards longer car ownership and the wider choice of inventory significantly contributed to the speedy growth of the business…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.1% of users find it useful
Analysis of Parts Emporium Inc
Read Text Preview

Extract of sample "Analysis of Parts Emporium Inc"

Parts Emporium Inc. is a whole sale distribution center of automobile parts which was founded by two auto mechanics; Dan Block and Ed Spriggs. In fifteen years time, it steadily grew to become one of the largest independent stores for auto parts in north central region of Chicago. The shift to the larger warehouse situated in Chicago’s south side, facilitated storage for more inventories and allowed them to expand their line auto parts. The increasing preference towards longer car ownership and wider choice of inventory, significantly contributed to the speedy growth of the business.

The relocation to still larger premises in the suburban Chicago considerably helped to increase the utilization but the sales remained constant. The founders, therefore, hired an outside manager to improve the performance.The new manager, Sue McCaskey found that the firm did not have well defined inventory system that could track the sales and customer trend towards specific auto parts and services rendered. While the physical verification of the inventory was carried out regularly but the lack of necessary records made it difficult to predict the stock of requisite parts that would be required by the customers.

These were the major factors for the stagnant sales performance. McCaskey studied the inventory and sales pattern for two of the products; exhaust gasket and drive belt to show the advantages of having good inventory and sales management system that would help identify the short inventory of the products that have good demand. The information thus generated would promote better management of the inventory. Sales and purchase are vital element of effective distribution center. It would therefore, help device strategies and plans to increase its performance outcome. (278)ReferenceCase Study.

Parts Emporium.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Analysis of Parts Emporium Inc Case Study Example | Topics and Well Written Essays - 250 words”, n.d.)
Analysis of Parts Emporium Inc Case Study Example | Topics and Well Written Essays - 250 words. Retrieved from https://studentshare.org/business/1563127-parts-emporium
(Analysis of Parts Emporium Inc Case Study Example | Topics and Well Written Essays - 250 Words)
Analysis of Parts Emporium Inc Case Study Example | Topics and Well Written Essays - 250 Words. https://studentshare.org/business/1563127-parts-emporium.
“Analysis of Parts Emporium Inc Case Study Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/business/1563127-parts-emporium.
  • Cited: 0 times

CHECK THESE SAMPLES OF Analysis of Parts Emporium Inc

Advantages and disadvantages of alternative dispute resolution over litigation in international business

For example Real Networks inc, a public traded company in its 2004 annual press report indicated that it has used about 15,000,000 in only one antitrust litigation case.... Alternative Dispute Resolution is a general term used to describe different methods employed to resolve arising disputes instead of filling for litigation....
14 Pages (3500 words) Assignment

The Joplin Tornado

xxxxxx Student No.... xxxxx EARTH AND SPACE SCIENCES (METEROLOGY) Professor: XYZ University of XYZ Department of XYZ 16 April, 2011 Table of Contents Contents Page No 1.... Introduction 03 2.... Joplin Tornado Synopsis 03 3.... Consequences 07 4.... Recommendations for Future Forecasting 08 Appendix-I: St Johns Hospital after Joplin Tornado 11 Appendix-II: Joplin High School after Joplin Tornado 12 Appendix-III: Franklin Technology Centre after Joplin Tornado 13 Appendix-IV: Home Depot in Joplin after Joplin Tornado 14 Bibliography 15 1....
7 Pages (1750 words) Essay

Management of Organisational Behaviour

Introduction In the previous assignment, a strategic analysis of Secret Garden Party/Secret Productions in terms of understanding the business environment and competitive positioning of the company has been conducted.... The organisation can apply this strategy by: Offering unique products and services and putting more variety in existing offerings such as Secret emporium, Boutique camping, Soul Fire Restaurant, The Sanctuary and Secret Forum Improving the relationship with customers by developing customer community, online customer feedback forum and customizing the product offering as per request of customers Increasing brand credibility through developing unique promotional campaign consisting of brochures, mail shots, advertisements, website promotion , sales promotions, personal selling, exhibitions, and press publicity campaign 2- Offering new services in existing market by: Penetrating existing market by defining the market served and establishing strategic alliances with small level music festivals, public relation firms and music DVD selling companies 3- Entering new market by offering existing product portfolio by: The uncertain negativities of bad weather can be reduced by the company if it can organize its programs in the indoor halls of U....
10 Pages (2500 words) Research Paper

Earth and Space Sciences: Meterology

21st most extensive and 18th most populous state Missouri was extremely affected by a severe tornado at Joplin graded as EF-5 on Enhanced Fujita Scale.... It was actually a part of larger late-May tornado outbreak sequence and struck the Missouri on 22nd May, 2011.... The Joplin… o is considered to be the most severe tornado in history of United States since 1953 (Storm Prediction Center, 2011) as the optimum wind velocity was about 200 mile per hour that created an enormous damage in Missouri....
8 Pages (2000 words) Essay

Bellagio as the Famous Luxury Hotel of Las Vegas

This study aims to present a detailed analysis of the famous luxury… The MGM Mirage group along with the management of Bellagio has undertaken various refurbishment activities in the hotel due to future expectations of increasing visitors and also as A range of promotional strategies have been undertaken by the management to promote Bellagio as another name for luxury and beauty.... Bellagio was opened by Steve Wynn and his company called Mirage Resort inc....
9 Pages (2250 words) Research Paper

The High Brand Reputation and the Customer Preference

Haute couture created by the famous Italian designer Valentino Garavani has been the base strength of the brand that has rendered it a unique… Correspondingly, the marketing plan is based on brand extension of this famous brand which is to be named as ‘Valentino For All' and which would act as a diffusion brand of Valentino S....
17 Pages (4250 words) Essay

Finance and Accounting Issues

Basing on aging analysis and subsequent collection (WP 3.... In the event of no reply for a positive confirmation, we would resend the confirmation and consider calling the customer to encourage them to reply (Klopper, 2011).... If this does not work, we would perform alternative procedures that would be intended to verify the existence… These alternative procedures would include analyzing subsequent receipts to determine if amounts collected were related to sales after confirmation date (Siegel, 2010). 4....
7 Pages (1750 words) Coursework

International Relations

This paper casts light upon international relations of countries.... nbsp;Human rights can adversely be held as universal since most of the cultures and the societies of the world have practiced them over the centuries.... The different cultures have all revealed concepts of human rights.... hellip; In the Arab's literature, it is possible to trace the basis of their basic human rights that runs back to the Koranic texts....
13 Pages (3250 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us