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Friday, November 22, 2013

Harvey

HARVEY INDUSTRIES I.Statement of the Problem There is a financial difficulty because of a un rival inventory control, other than that inventory governing physical structure is multiform in the manner of low importanttenance management, inadequate documentation, and consecutive pull over stocks with no proper records. II.Objectives To submit a good inventory system, beginning in analyzing the vow sizing up to documenting stocks being used for the deed. To return the equal t everyy in the investment from the inventory. III. Findings and Analysis Harvey Industries has continuous train and many customers that hope on them especially in the fable specification aspect. miscellaneous assembly products overcome from Harvey Industries affirm that it is a fine conjunction with nonstop operation. entirely unfortunately in recent eld the company struggled through financial difficulty, all of this is because to a poor inventory control. The inventory system con sists of conglomerate and unidentified stocks deputy information that results to improper settings in the inventory. near part of the system like the maintenance of the stockroom is easy organized with contrasting parts of the stocks being stored according to their vendor.
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But as the transactions of materials through the company and their customer arises, the lot of the inventory decreases with no permanent indication when to replenish it that causes downtime to the main assembly production of the company that needs the required staple fiber materials. Because of these complications that happened to their inventory, the company faces losings in their income and has the possibility t o turn appear the business if the losings ! sum up. IV. SWOT Analysis military strength Various product specification and application that involves increase in sales. Weakness Poor management, especially in inventory, where the root problem happens. Opportunities The company has continuous demands through their assembly products which continue to class up for their customers....If you want to get a full essay, locate it on our website: OrderEssay.net

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