Eagle Manufacturing

In: Business and Management

Submitted By tipj0729
Words 323
Pages 2
Case Name: Eagle Manufacturing
I. Major Facts
The major facts of this case are that Ted Jones has been the supply manager for two years. Ted has been struggling with one crisis after another. Although he has a great team of buyers, expediters, and support staff; morale has started to be a problem. Lack of communication and poorly written janitorial service contracts are also major facts that must be resolved. II. Major Problem
The major problems are lack of communication, proper lead times, quality issues and proper training. These problems could very much be causing morale, retention problems, and other issues that are affecting the effectiveness and efficiency of the company.
III. Possible Solutions/Alternatives 1. Ted’s team can improve the lack of communication by connecting and communicating with other departments to understand the exact requirements of the departments to provide the exceptional services and deliver great products. 2. Lead times will improve once that communication barrier is corrected and all departments are on the same level. 3. Training plays a major role in the various issues. Ted’s team will need proper training to improve their working style, attitudes, quality measurements, performances, and services by applying some quality tools such as six sigma.
IV. Choice and Rationale
Solution C involves and requires all employees because a proper training can and will eliminate several of the issues the organization is having.
V. Implementation/The Action Plan The plan would be implement a supply chain management approach to help eliminate the issues and loopholes. Ted’s team would be able to keep track of every activity and process of their department. The SCM approach will also help reduce delay delivery and cost by proper inventory management. It will enable them to keep all departments of the company updated about…...

Similar Documents

Eagle Poem

...Eagle his poem by Alferd Tennyson describes a magnificent eagle. The poet uses personifcation to personify the eagle. He uses powerful language to show how strong and fast the eagle is. he admires the physcial speed and power of the eagle when he dives towards the sea. Here is Alfred Tennyson's famous poem "The Eagle". He clasps the crag with crooked hands; Close to the sun in lonely lands, Ringed with the azure world, he stands. The wrinkled sea beneath him crawls; He watches from his mountain walls, And like a thunderbolt he falls. This poem is very short but full of meaning. Every verse consists of eight syllables with an alternating stress pattern of weak, strong, weak, strong. The eight syllables can be divided into four feet. The first syllable of each foot is weak and the second is strong. Poems with eight-syllable verses and a weak-strong stress pattern are in iambic tetrameter. The poem has regular rhyme. The first three verses all rhyme as well as the final three. Thus, the rhyme scheme is a,a,a,b,b,b. The first verse of the poem exemplifies personification. Though the eagle has claws, Tennyson uses the word "hands". In the second verse, Tennyson makes it clear that the eagle is very high in the sky when he says it is close to the sun. The phrase "lonely lands" expresses the eagle's solitude. It is also an example of alliteration because "lonely" and "lands" both start with the letter "l". In the third verse, Tennyson expresses the eagle's......

Words: 1442 - Pages: 6

Eagle Impairment

...The case begins with describing Eagle impairment, which is a manufacturing company, which has operations in Italy and Serbia. In Italy Eagle owns and operates a commercial building that is carried at its cost less depreciation. The case then gives us a chart which shows us Cash generating unit that includes: carrying amount $1,100, value in use 900, fair market value less costs to sell 800, fair market value 850, and undiscounted future cash flows 1,150 all in thousands. Eagle’s manufacturing company in Serbia attained a smaller competing company. The activities in Serbia are regarded as not impaired because the value in the use of CGU including goodwill exceeds its carrying amount. By the end of 2010 the govt passed a legislation drastically restricting exports of eagle’s main merchandise. The CGU in the end of 2010 was altered because of the new legislation, which included: cash $50, property plant and equipment 1,100, land 150, goodwill 300, total assets 1,600, liabilities (200), and carrying value 1,400 all in thousands. The case goes on to show us a 5 year business forecast of Eagle Impairment. It reflects an increase in the amount of capital expenditures in order to modify Eagle’s mail product. Eagle uses straight line depreciation and anticipates no residual value. 1. I assume the commercial building meets the requirements for a recoverable test under IFRS. The carrying value is $1,100 whci is greater than the claue in use which is $900. The fair market value......

Words: 654 - Pages: 3

Trouble at Eagle Manufacturing

...internal or outsourced, Eagle manufacturing is seeing a lack of input or data from the section. Could the robot requirement have been streamlined to manufacturer a less expensive machine? Could the lead time have been lengthen by knowing about the requirement sooner? III. Possible Solutions/Alternatives A. Ted can schedule the managers of all the sections together at regular intervals to discuss problems that arise amongst each other not just to him. Leadership can also pass down their goals to their department heads and assist in unity. Supply chain management is not just a lot of segments of a company working well independently, but all the segments as a whole working together. If one section has a working issue the company as a whole has a working issue. B. Rotational training (career broadening sessions) can help with incorporating insight to what other segments of the operation does and build team work. Establish other training such as establishing workshops, mixed with all departments that encourages this team work, will also help with moral. C. Incorporate more quality assurance (QA) to assure requirements of product fulfillment are maintained. D. Engineers working hand in hand with maintenance department may be able to curve costs. E. Procurement regulations need to be followed and in house policies established to set standards for procurement needs. A lead time of seven months for a $5.5 million purchase is unacceptable. If Eagle Manufacturing does......

Words: 749 - Pages: 3

Eagle Impairment Loss

...Eagle Impairment Loss Eagle Company (Eagle) is a manufacturing company with operations in Italy and Serbia. Eagle in Italy: In addition to other assets, Eagle owns and operates a commercial building in Italy that is carried at its cost less any accumulated depreciation and any accumulated impairment losses. The building represents a cash-generating unit (CGU) for which the following information is available as of December 31, 2010: Building | 12/31/10 inthousands | Carrying amount | $1,100 | Value in use | 900 | Fair market value less costs to sell | 800 | Fair market value | 850 | Undiscounted future cash flows | 1,150 | Eagle in Serbia: In Serbia, in 2008, Eagle acquired a smaller competing company and goodwill was allocated to the CGU shown below. Activities in Serbia represent the lowest level at which internal management monitors goodwill. At the end of 2008 and 2009, the value in use of the CGU including goodwill exceeded its carrying amount. Therefore the activities of Eagle in Serbia and the goodwill allocated to those activities were regarded as not impaired. However, at the end of 2010, the newly elected government passed legislation significantly restricting exports of Eagle’s main product. The information below relates to the CGU (which includes goodwill) of Eagle’s operations in Serbia before the impairment analysis is performed. For this case, assume the basis of segmentation for CGUs and reporting units (RU) is the same under IFRSs......

Words: 1072 - Pages: 5

Eagle Company

...To: Eagle Company (Eagle) From: Subject: Eagle in Italy and Eagle in Serbia Impairments Date: May 7th 2014 1. For Eagle in Italy, is the building impaired under IFRS as of Dec. 31, 2013, and if so what is the amount of the impairment? After reviewing the given facts provided by Eagle in Italy, we have determined that there is an impairment on their building under IFRS for the amount of $200,000. We have determined this through the use of IAS-36 as well as the calculations given below: IAS 36-6 An impairment loss is the amount by which the carrying amount of the asset or a cash-generating unit exceeds its recoverable amount. The recoverable amount of an asset or a cash-generating unit is the higher of its fair value less costs to sell and its value in use. Our recoverable amount then equals $900,000 because the value in use ($900,000) exceeds fair market value less costs to sell ($800,000). IAS 36-59 If, and only if, the recoverable amount of an asset is less than its carrying amount, the carrying amount of the asset shall be reduced to its recoverable amount. That reduction is an impairment loss. Recoverable Amount ($900,000) < Carrying Amount ($1,100,000) Therefore, we shall recognize an impairment loss of $200,000 2. For Eagle in Italy, is the building impaired under U.S. GAAP as of Dec. 31, 2013, and if so what is the amount of the impairment? After reviewing the given facts provided by Eagle in Italy, we have determined that there is not an......

Words: 1715 - Pages: 7

Eagle Manufacturing Company Case Study

...Case Name: Eagle Manufacturing Company Case Study I. Major Facts A. Ted Jones is the supply manager for the Eagle Manufacturing Company. He has been the supply manager for two years. B. Ted has been struggling with one crisis after another while trying to placate operations, plant maintenance, and seemingly half the management team (and their assistants). C. Although Ted Jones has a great team of buyers, expediters, and support staff who carry out top notch work, the morale in Ted’s department is low. 1) One of the senior buyer’s in Ted department, Bill Wilson, submitted his resignation. Bill accepted a position at another company where he will be paid substantially more although he will be doing the same work and will be under the same amount of stress. D. The previous month performance data for the office shows: 743 transactions, 98 percent with delivery on or before specific dates, 87 percent of supplies and material purchases at or within 5 percent of target price, 9 percent rejection rate of materials and supplies received. E. A purchase request for a new robot, that according to estimates would cost $5.5 million, was submitted by the maintenance department. It was supposed to be delivered and operational in seven months and only source of supply was able to meet the delivery date. 1) An experienced buyer in Ted’s department, John McCauly, was negotiating with Fenwick Electronics for......

Words: 3592 - Pages: 15

Eagle Manufacturing Corp.

...outcome. •List several possible alternatives that Eagle Mfg. can employ to resolve the problem and discuss the advantages and disadvantages of each. Eagle manufacturing must expect less quality products with a budget cut leading to less money to spend on supplies for the business. However, the company should look into other departments that may not need all the employees they have on staff and reduce those numbers. This will allow the companies the ability to purchase better supplies as these products are clearly critical to the business. Another thing they should look into which hardly ever gets looked into is cutting a bit off the high salaries some of the seniors may be getting. If there is a bonus program, temporarily stopping it until things get better for business across the board. Furthermore, the corporation may not be spending its money wisely as they are trying to purchase a robot that costs millions of dollars. I believe they should delay that for right now as it will take many years for the company to get what they’ve invested in this piece of equipment. In addition, that robot may need maintenance that will add additional cost if it’s not included in the initial cost. Just a portion of that money could be put back into quality supplies improving everything that was affected by it. A down side to that is competing companies may purchase a robot and increase productivity which would put them ahead of Eagle manufacturing. Another down side is that the cost of......

Words: 603 - Pages: 3

Eagle Manufacturing Case Study

...Case Study 1: Eagle Manufacturing Company I. Major Facts a. In the two years Ted has been with the company, he has put together a group of professionals, experts, and support staff whose work is tops. b. The performance of Ted’s department is satisfactory. c. Employee morale in the supply department has declined. d. Communication within the department is scarce. e. There will be a loss of an employee to a competitor for a better salary. II. Major Problem a. How can Ted improve performance within the supply department that will result having a direct impact on the company’s profitability? b. How can interdepartmental communication be improved? c. How can the start of co-operations within different departments be created? III. Possible Solutions/Alternatives d. 1. Ideally, as a supply manager, your role and goal is to find the best deals of high quality products at the lowest cost. In order to do this, Ted would need to research and implement a number of strategies. i. Segmenting the company’s suppliers. – Know the supplier’s role and importance in the supply chain. ii. Establish supply chain metrics. – Use metrics that can be measured internally and externally, such as fulfillment and agility indicators and return on working capital. iii. More involvement of employee. – Inform them on how their role(s) impacts the supplier. iv. Include other departments, such as sales,......

Words: 932 - Pages: 4

Case Study 2: Eagle Manufacturing

...Introduction Ted Jones, a young man of 35 years, takes a reflective review of his 2 years tenure as the Supply Manager heading a team of professional buyers, expediters and support staff at Eagle Manufacturing Company. He reflects on his team’s laudable accomplishments, the different challenges that he has faced from the various departments within the organization, the incessant pressure from top management for seamless operations devoid of supply related problems, and seeks to find a way to solve these problem so as to ensure an efficient and more effective supply management process for his organization. Analysis of the Case Ted Jones has been the Supply Manager at Eagle Manufacturing Company for two years. He heads a team of professional and experienced supply staff, but feels that there is a need for additional training for some of his team members so as to closely align them to the desired performance outcomes of his department. Despite his team’s great performance data, morale is low among his staff and some of them has started resigning due perceived poor remuneration, low visibility of the impact the department’s achievement has had resolving the company’s supply related problems, and high work pressure brought about by a never ending tirade of supply problems emanating from other departments. Some of the most recent supply management problems were: 1. Late submission of a purchase request by the maintenance department that makes it impossible for Ted......

Words: 1546 - Pages: 7

Eagle Impairment Loss

...Case 10-2 Eagle Impairment Loss Eagle Company (Eagle) is a manufacturing company with operations in Italy and Serbia. Eagle in Italy: In addition to other assets, Eagle owns and operates a commercial building in Italy that is carried at its cost less any accumulated depreciation and any accumulated impairment losses. The building represents a cash-generating unit (CGU) for which the following information is available as of December 31, 2010: 12/31/10 in thousands Carrying amount $1,100 Value in use 900 Fair market value less costs to sell 800 Fair market value 850 Undiscounted future cash flows 1,150 Building Eagle in Serbia: In Serbia, in 2008, Eagle acquired a smaller competing company and goodwill was allocated to the CGU shown below. Activities in Serbia represent the lowest level at which internal management monitors goodwill. At the end of 2008 and 2009, the value in use of the CGU including goodwill exceeded its carrying amount. Therefore the activities of Eagle in Serbia and the goodwill allocated to those activities were regarded as not impaired. However, at the end of 2010, the newly elected government passed legislation significantly restricting exports of Eagle’s main product. The information below relates to the CGU (which includes goodwill) of Eagle’s operations in Serbia before the impairment analysis is performed. For this case, assume the basis of segmentation for CGUs and reporting units (RU) is the same under IFRSs and U.S...

Words: 1110 - Pages: 5

Eagle Bank

...Eagle Bank Assignments 1. Type of crime * Scenario 1 is economic crime which is the illegal acts committed in order to achieve economic gain. * Scenario 2 is white collar crime. The person used his economic power for some purpose of illegal gain and also committed illegal act for personal gain. 2. Subject * Scenario1: suspects are the individual A,B and C * Scenario2: suspect is Smith 3. Victims * Scenario1: * the bank’s employees and customers, * customers who deposit money in the bank, * FDIC which insures the bank * Scenario2: * Smith’s family because the business profits were their financial source, * the bank because they lend money but may not collect the money back, * the store employees because they may lose their jobs * customers of the store. 4. Scenario1: * The damage would be the economic loss of $2,300 * bank’s reputation because customers may feel unsafe to go to that bank. Scenario2: * the 1 million dollar Smith borrowed from bank but cannot return, * the extra money that needs to spend on the repair of the building * attorney fees 5. Witnesses: * Scenario1: * the bank employees, * the customers who were in the bank during the robbery, * people who were within the visible area and saw what happened in the bank and the escape * Scenario2: * banks’ staffs who reviewed his financial status and rejected his application, * Eagle......

Words: 723 - Pages: 3

Soaring Eagle

...Soaring Eagle Skate Company Mona Alfarra EM501 course 01/20/2016 Abstract Stan Eagle was a well-known skater and board skating was his carrier for several years. After the interest in the sport waned, Eagle launched with his friend their own business (designing, building and selling skateboards). Eagle and his partner, William, Had a very successful business selling skateboards, but time changes and they have to gain and sustain advantages over their competitors out there in the market. Eagle and his friend considered new ideas for expansion and so they invested in a clothing line, selling shirts and shorts carried Eagle’s name on them. Eagle invested millions of dollars in this channel, but this business channel didn’t make much in returns and they lost lots of money. They sold off this part of the business to a clothing company and cut losses. As time passed, William came up with a new idea and pressed Eagle to try it. Eagle was troubled and was not sure what decision he should make.¹ Introduction Eagle’s previous experience with the clothing line was bad enough that he is troubled and has not decided yet which decision to make. His previous experience let him think deeper before taking any new decisions. Here, Eagle is facing a nonprogrammed decision again! This will hold him back for a while to think more about his Partner’s new idea. With regard to uncertainty and risk, neither Eagle nor William have any experience in selling equipment for two new types of......

Words: 732 - Pages: 3

Eagles

...The Philadelphia Eagles are a professional football franchise based in Philadelphia, Pennsylvania. The Eagles are members of the East division of the National Football Conference (NFC) in the National Football League (NFL). The Eagles have won three NFL championships and made two Super Bowl appearances, losing both. These were in 1980 (to the Oakland Raiders), and in 2004 (to the New England Patriots). The club was established in 1933 as a replacement for the bankrupt Frankford Yellow Jackets, when a group led by Bert Bell secured the rights to an NFL franchise in Philadelphia. Bell, Chuck Bednarik, Bob Brown, Reggie White, Steve Van Buren, Tommy McDonald, Greasy Neale, Pete Pihos, Sonny Jurgensen, and Norm Van Brocklin have been inducted to the Pro Football Hall of Fame. The team has an intense rivalry with the New York Giants. This rivalry is the oldest in the NFC East and is among the oldest in the NFL. It was ranked by NFL Network as the number one rivalry of all-time and Sports Illustrated ranks it amongst the top ten NFL rivalries of all-time at number four,[3] and according to ESPN, it is one of the fiercest and most well-known rivalries in the American football community.[4] They also have a historic rivalry with the Washington Redskins, as well as their bitter rivalry with the Dallas Cowboys, which has become more high-profile in the last three decades. Eagles fans are among the most loyal in the NFL. They consistently rank in the top three in attendance and...

Words: 291 - Pages: 2

American Eagle

...American Eagle 4184 & Safety Student Name: Institution: American Eagle 4184 & Safety It has not been a smooth ride for the United States aviation industry. There have been airplane crashes caused by distinct factors. Some causes are unpreventable. However, there are some crashes triggered by design flaws and ignorance of air safety rules. Whatever the case, human life is at risk. American Eagle 4184 crash was horrible and defied logic. It took several months for an investigative task force to conclude the cause of such a tragic accident that left the plane and human remains in thousands of pieces (Chester, 2000). The craters at the at the crash site were so remarkable that they could be mistaken for a meteorite strike. This paper is a step-by- step analysis of the crash events with a focus on the accident causes and the preventive measures. American Flight Eagle 4184, registration number N401AM was designed and built by ATR—a French-Italian Aircraft manufacturer. Simons Airlines operated the plane on behalf of American Eagle. Both captain and co-pilot were competent and experienced, with more than 5000 flight hours. The Accident The plane was scheduled on a flight from IIA (Indianapolis International Airport), Indiana to OIA (O’Hare International Airport), Illinois. However, Chicago’s bad weather conditions delayed the plane. As such, OIA air traffic control redirected the airplane to hold at LUCIT intersection. While on hold, freezing rain hit......

Words: 688 - Pages: 3

Eagle Sales

...Eagle Sale Applied Business Law Individual Work 1 Eagle Sales Company owns a warehouse, subject to a mortgage obtained from First National Bank. Separately, Eagle and First National obtain insurance policies from Good Hands Insurance, Inc. to cover the warehouse. Later, Eagle sells the property to Interstate Distribution Corporation but keeps the insurance policy. First National agrees to act as Interstate’s mortgage, and Interstate obtains an insurance policy from Good Hands to cover the property. A fire totally destroys the warehouse. Who can recover an amount for its loss? This was a little confusing, why does Eagle still have an insurance policy with a building they no longer own? I believe in this problem that there are three insurance policies on the same building, not sure if this is legal, since they all have the policy with the same insurance company. It was my understanding that this is illegal but I am not an expert on the matter. So let us believe that own more than one insurance policy on a building is illegal, we need to look at which one is the correct policy. I was always though that the own of the business had to have the insurance on the building, to cover the mortgage, most banks will not grant a loan without an insurance policy on the property. So Eagle did own the building and it was mortgage through First National, then Eagle sold the building to Interstate Distribution, who kept the mortgage through First National. So if the building is......

Words: 336 - Pages: 2