Create or use an existing company Term Paper Example | Topics and Well Written Essays - 1500 words

Create or use an existing company - Term Paper ExampleThere ar some of import factors that company has to deal with. As most of the kookie-drink and beer bottles are liable for reuse and recycling, company gets some of its black material from defected and used bottles that are supplied back by the beer companies. However, a number of bottles do not change by reversal and company has to involve glass as the raw material of new bottles. There had been a stagnant increase in the food market place since last three years which provides and tenderness for sibylline upcoming market demands. In light of those factors company has to keep a well(p) number of bottles that can be supplied urgently when required by buyers. On the other hand, a large number of bottles made in make out can reach a burden over companys investing strength. That would also create a lack of fluency in companys cycle of work. Thus, company has to involve a concrete Inventory management that keeps the overall demand and supply chain in a safe and trustworthy position to provide continuous profit to Volga Glasses. The supply chain and IT Factors Obviously, the purpose of Volga Glasses is to produce and manage its supply chain to perform with a perfect smoothness that does not shake scour in the conditions of an urgent tide in market situations. Company uses elegant IT techniques to manage that smoothness. Chiefly the bills are collected as electronic data providing an exact record of supply over a finical period. While mostly a supply chain is maintained over longer period alike(p) a year or six months, Volga Glasses is bound to use three month estimation because of the nature of its assets and frequently wavering requirements. Three years ago company has ordered a software product organization to design software for their inventory management. The software had produced good results while it had been quite dependent of valet de chambre inputs and mandatory analysis by the supervisor s of Volga Glasses. This software Smart-Task bases its strategy in collecting the supply data and compare the overall cost of raw materials added with the labor and mechanical expenses. Over the time it also manifests the comparative graphs of market tides during various supply chain periods. Company manages to base its strategies in short term chains much(prenominal) as three months as well as yearly managements of supply chains. During last years it had hump out that Smart-Task has been accurate and efficient in processing the data to manifest a scenario of the market. However, during the recent straightaway ups and downs of market the estimations of Smart-task have failed when external situations like a temporary recession had stricken the market of soft drinks. Therefore an analysis of Companys requirement and reliability of IT over numerous patterns of system of enquiry is mandatory. Synchronization of IT and HR Out of the data processing methodology of Smart-Task, it has co me out that it depends solely on human inputs which provide a base for calculations and estimations. Companys HR department is responsible for providing the supposed information for future uplifts and lowering of market because Smart-Task puts the data in various graphs that ease the methods of comparisons provide a manifestation of supply chain. The requirement of advance inventory is calculated on a