Transportation: A Global Supply Chain Perspective
9th Edition
ISBN: 9781337406642
Author: Robert A. Novack, Brian Gibson, Yoshinori Suzuki, John J. Coyle
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 2, Problem 1.1C
Summary Introduction
Case summary:
Person KE is the recently appointed vice president for Company H that is a highway construction company. He attended a meeting with the president. The focus of the meeting is the new state funding initiative, which would support the regional highway projects. The case further deals with the improvement needed in the overall infrastructure and the responsibilities of Person KE.
To discuss: The initial set of discussion points.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
"We must get it," Erickson Santos, president of Industrial Fasteners, roared. "Without it, we're in big trouble." The "it" Mr. Santos referred to is the renewal of a $20 million loan with Manila First Bank. The big trouble he fears is the lack of funds necessary to repay the existing debt and few, if any, prospects for raising the funds elsewhere. Mr. Santos had just hung up the phone after a conversation with a bank vice-president in which it was made clear that this year's statement of cash flows must look better than last year's. Mr. Santos knows that improvements are not on course to happen. In fact, cash flow projections were dismal. Later that day, Timothy Dela Cruz, assistant controller, was summoned to Mr. Santos's office. "Dela Cruz," Santos barked, "I've looked at our accounts receivable. I think we can generate quite a bit of cash by selling or factoring most of those receivables. I know it will cost us more than if we collect them ourselves, but it sure will make our cash…
"We must get it," Erickson Santos, president of Industrial Fasteners, roared. "Without it, we're in big trouble." The "it" Mr. Santos referred to is the renewal of a $20 million loan with Manila First Bank. The big trouble he fears is the lack of funds necessary to repay the existing debt and few, if any, prospects for raising the funds elsewhere. Mr. Santos had just hung up the phone after a conversation with a bank vice-president in which it was made clear that this year's statement of cash flows must look better than last year's. Mr. Santos knows that improvements are not on course to happen. In fact, cash flow projections were dismal. Later that day, Timothy Dela Cruz, assistant controller, was summoned to Mr. Santos's office. "Dela Cruz," Santos barked, "I've looked at our accounts receivable. I think we can generate quite a bit of cash by selling or factoring most of those receivables. I know it will cost us more than if we collect them ourselves, but it sure will make our cash…
You are working in a company that executes projects continually, you have been assigned in a project development team in addition to your original duties as a logistics system specialist. During your assignment you will report to both the project manager and your logistics manager.
Determine what type of organization you are working in?
What principles you are violating
Chapter 2 Solutions
Transportation: A Global Supply Chain Perspective
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- Task: Assume that you have been contracted as a marketing consultant by a sportsorganization, and have been asked to develop and submit a marketing and sponsorship plan tothem. The marketing plan is a comprehensive, written framework for strategically obtainingmarketing objectives. The sport-marketing plan can be written for a single sportproduct/service, a group of products/services, a new promotional strategy, or an entire sportsorganization.The Marketing and Event Proposal should include the following:1. Executive Summary - a condensed overview of the marketing plan2. Introduction - Description of the event3. Marketing Strategies:• A strategy for Market Segmentation: What will serve as the basis forsegmentation, and why? What is the rationale for selecting the target markets?• A discussion of the Product: What is the core product, and what are theproduct extensions? 4. A discussion of the Place the event is held and the means of its distribution.5. A discussion and presentation of…arrow_forwardIdentify the specific UNSDGs that Tesla contributes to, such as clean energy (Goal 7), industry and infrastructure (Goal 9), sustainable cities (Goal 11), and climate action (Goal 13) , good health ( SDG 3), Responsible Consumption and Production ( SDG 12) or Economic Growth ( SDG 8 ) through safe transportation and propose an argument defining the complex, systemic problem Tesla is addressing. This might include paradoxes in climate change, sustainable transportation, and renewable energy integration , and good health in safety and transportation.arrow_forwardRead the passage and please answer the questions: Whipple Logistics Company’s Transportation Challenge Ruby Shelton is part of the executive development training program. As part of her executive development plan, Ruby has temporarily been assigned to the transportation division of Whipple Logistics Company. The objective is to expose her to different parts of the company as a method of grooming her for a senior position someday. Ruby is excited about the opportunity. Her background is in operations management, therefore, she is familiar with transportation requirements, although not an expert. Doreen Delgado is Ruby’s mentor in the program. Doreen is a senior vice president and participated in the program when she was a junior executive. She understands the value of such a learning experience. Whipple Logistics Company has several new clients who want a briefing on the best mode of transportation for their businesses. Doreen assigned Ruby to this project. Doreen believes this is the…arrow_forward
- As a PMP candidate you must understand the provisions of project procurement even if your typical projects do not include procurements. Hence discuss the Project Procurement Management processes which help in diligent purchasing of product and services.arrow_forwardLook for a sample healthcare project charter document on the Internet from the University of Michigan, review the sections included in that document, include the URL in your post, and summarize why you chose this document.arrow_forwardHow is approval often granted for network modifications in large corporations?arrow_forward
- What are the impacts on international shipping with the Houthi attacks on shipping in the Red Sea and the Panama Canal water shortage. What needs to specifically be done? Outline: Introduction Topics to be addressed Conclusions Recommendations Sources of Informationarrow_forwardWhat is a Destination Marketing Organisation (DMO) and what are some of the common roles of DMOs? Identify some of the stakeholders who might typically interact with or be members of a DMO.2. How might autonomous agents have an influence on the formation of destination images for prospective tourists? Why might these autonomous agents be seen by prospective tourists as more trustworthy than marketing created by a destination marketing organisation (DMO)?3. What is an Explorer Traveller? How do they function as ‘influencers’ on the broader tourist markets?4. Why might tourism operators want to come together and work in partnership with their competitors within a destination? What other entities might want to work cooperatively in a destination partnership and what are some of the barriers and challenges for developing effective destination partnerships?5. Explain the characteristics of the Creative Classes. How do these relate to economic development? What are some strategies that…arrow_forwardFederal Express (FedEx) is a US-based company which is involved in the air freight business. FedEx is able to secure significant market share despite intense competition posed from much lower freight rates offered through belly spaces of combination carriers and passenger airlines. (a) In your own words, describe the business of FedEx and how it competes in the air freight market. (b) Examine three (3) possible reasons that FedEx is able to secure significant market share despite the intense competition. What lessons can you learn? (c) What do you think are the attractions and challenges for FedEx to operate large-sized freighters?arrow_forward
- Explain Project Procurement Management processes which help in diligent purchasing of product and services.arrow_forwardI need help in filling out the three appendixes in the textbook project partially answered below (I'm not asking for the writing part of the assignment. I just need help in filling out the appendixes): https://www.bartleby.com/solution-answer/chapter-c-problem-65a-purchasing-and-supply-chain-management-6th-edition/9781285869681/insourcingoutsourcing-the-flexcon-piston-decision-this-case-addresses-many-issues-that-affect/b359ac34-a888-11e9-8385-02ee952b546e Appendix 1 Year One Inventory Carrying Charges Outsourcing Option Beginning Inventory Ending Inventory Average Inventory Inventory Carrying Costs January 30,000 0 $ February 30,000 0 $ March 30,000 0 $ April 27,000 0 $ May 25,000 0 $ June 25,000 0 $ July 23,000 0 $ August 21,000 0 $ September 22,000 0 $ October 23,000 0 $ November 23,000 0 $ December 21,000…arrow_forwardYou are selected as part of a team to evaluate bids from many vendors for consultancy services. Which documents will your team most likely rely on to select a vendor that best meet the needs of your project? a. Project Risk and Stakeholder Register b. Procurement Contract and Bids Plan c. Project Charter and Project Scope Statement d. Procurement Management Plan and Source Selection Criteriaarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.