Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You are the operations manager of an electronics manufacturer based in Alabama. You currently use locally-made materials and assemble electronics at your facility. Your company
You are the operations manager of an electronics manufacturer based in Alabama. You currently use locally-made materials and assemble electronics at your facility. Your company does both wholesale and retail, selling to mid-channel distributors like Best Buy or selling directly to the buyer. You also offer in-house repairs and maintain a customer service department. The CEO of the company has come to you to explain that the company is being 'priced out' of the industry because the products are priced too high and the current production processes are not scalable. If expenses can be reduced, the company could lower the cost of the products and be more competitive in the market. If production processes can be increased, market share can grow, particularly internationally. The CEO has asked you to use your knowledge of the global business environment, multinational operations, and diverse work teams to come up with ways to lower costs and increase production, including possible outsourcing and expansion of operations to overseas locations. Please create a proposal that compiles your analysis and recommendations for the CEO
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started