In 1903, in a small wagon shop in Dearborn Michigan, a man by the name of Henry Ford started what is today the Ford Motor Company. It started it in 1896 when Henry Ford built his first car. It was only experimental at the time, but less than ten years later in 1908 he introduced a more updated version to the public. This became known as the Ford Model t. Once people realised what a wonderful novelty this was and how it would greatly facilitate their lives, there was a huge demand for them. In order for the company to be able to satisfy this heavy demand, ford introduced the worldâs first assembly line for cars.⊠Read the rest
Management Case Studies
Management case studies are real-life examples of issues and problems found in particular workplaces or business organisations. Case study assignments give the opportunity to relate theoretical concepts to practical situations. Most case studies are written in such a way that the reader takes the place of the manager whose responsibility is to make decisions to help solve the problem. In almost all case studies, a decision must be made, although that decision might be to leave the situation as it is and do nothing.
Case Study of Johnson & Johnson: Using a Credo for Business Guidance
Johnson & Johnson, founded by Robert Wood Johnson and his brothers James and Mead in 1886, has grown into the worldâs most comprehensive manufacturer of health care products and related services for the consumer, pharmaceutical, and medical devices and diagnostics markets. Today, Johnson & Johnson consists of more than 250 operating companies, employing approximately 121,000 employees, with more than 50,000 of those in the United States. Johnson & Johnson has operations in 57 nations and sells products all around the world. Johnson & Johnsonâs product categories include, but are not limited to: allergy, colds, and flu; baby care; cardiology; dental care; diabetes care; first aid; medical devices and diagnostics; oncology; prescription drugs; skin and hair care; and vision care.⊠Read the rest
Case Study: A Phenomenon Called Steve Jobs
Ask any Techno-freak his list of dream gadgets and the odds are high that the list would be populated by products from Apple. Apple has reached to such an extent that these new age Geeks would consider it a sin akin to homicide not to know about Apple! No wonder many people may at least find it better to pretend to aspire for Apple products when in reality they may not even know its functionality!
So who was (and is) behind this revolution called the âApple Revolutionâ which has managed to dominate B-School case study discussions? (Dear Techno freaks this question is not for you!)⊠Read the rest
Case Study: Inventory Management Practices at Walmart
About Walmart
Wal-Mart Stores, Inc. is the largest retailer in the world, the worldâs second-largest company and the nationâs largest nongovernmental employer.  Wal-Mart Stores, Inc. operates retail stores in various retailing formats in all 50 states in the United States. The Companyâs mass merchandising operations serve its customers primarily through the operation of three segments. The Wal-Mart Stores segment includes its discount stores, Supercenters, and Neighborhood Markets in the United States. The Samâs club segment includes the warehouse membership clubs in the United States. The Companyâs subsidiary, McLane Company, Inc. provides products and distribution services to retail industry and institutional foodservice customers.⊠Read the rest
Case Study: Wal-Martâs Distribution and Logistics System
As the worldâs largest retailer with net sales of almost $419 billion for the fiscal year 2011, Wal-Mart is considered a âbest-in-classâ company for its supply chain management practices. Â These practices are a key competitive advantage that have enabled Wal-Mart to achieve leadership in the retail industry through a focus on increasing operational efficiency and on customer needs. Wal-Martâs corporate website calls âlogisticsâ and âdistributionâ the heart of its operation, one that keeps millions of products moving to customers every day of the year.
Wal-Martâs highly-automated distribution centers, which operate 24 hours a day and are served by Wal-Martâs truck fleet, are the foundation of its growth strategy and supply network.⊠Read the rest
Case Study of Walmart: Procurement and Distribution
Wal-Mart always emphasized the need to reduce its purchasing costs and offer the best price to its customers. The company procured goods directly from manufacturers, bypassing all intermediaries. Wal-Mart was a tough negotiator on prices and finalized a purchase deal only when it was fully confident that the products being bought were not available elsewhere at a lower price. According to Claude Harris, one of the earliest employees, âEvery buyer has to be tough. That is the job. I always told the buyers: âYou are negotiating for your customer. And your customer deserves the best prices that you can get. Donât ever feel sorry for a vendor.⊠Read the rest