Business, 04.03.2021 20:20 nicoleaaliyah

Steve’s Lumber Company on the Missouri River features a large selection of materials for flooring, decks, moldings, windows, siding and roofing. It is a small family business that is looking to expand. The prices of lumber and other building materials are constantly changing. When a customer inquiries about the price on pre-finished wood flooring, sales representatives consult a manual price sheet and then call the supplier for the most recent price. The supplier in turn uses a manual price sheet, which has been updated each day. Often the supplier must call back Steve’s reps because the company does not have the newest pricing information immediately on hand. Steve has hired you to assess the business impact of the situation and see what can be done for them to make this process more efficient. Complete the following:
1. Business Process.
a. List at least 3 issues with the current process. (9 pts)
b. Explain the impact of the existing process on operational efficiency. (5 pts)
2. Diagram the existing Process. Using a diagramming tool (Visio, Lucidchart, PowerPoint) model the existing process. (25pts)
3. Metrics. Identify 3 metrics that could be put in place to measure the impact of the existing process on operational efficiency. (9 pts)
4. Process Improvements.
a. Discuss the changes that could be made to make the process more efficient. (6 pts)
b. Explain how information systems could support those changes. Discuss what data the systems should capture and what decisions the system could improve.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 19:20

Which of the following areas provides residents with close access to high-paying jobs and cultural attractions? a. the suburbs b. exurbs c. rural areas d. the city 2b2t

Answers: 3

Answer

Business, 22.06.2019 09:40

Catherine de bourgh has one child, anne, who is 18 years old at the end of the year. anne lived at home for seven months during the year before leaving home to attend state university for the rest of the year. during the year, anne earned $6,000 while working part time. catherine provided 80 percent of anne's support and anne provided the rest. which of the following statements regarding whether anne is catherine's qualifying child for the current year is correct? a.anne is a qualifying child of catherine.b.anne is not a qualifying child of catherine because she fails the gross income test.c.anne is not a qualifying child of catherine because she fails the residence test.d.anne is not a qualifying child of catherine because she fails the support test.

Answers: 2

Answer

Business, 22.06.2019 09:50

The returns on the common stock of maynard cosmetic specialties are quite cyclical. in a boom economy, the stock is expected to return 22 percent in comparison to 9 percent in a normal economy and a negative 14 percent in a recessionary period. the probability of a recession is 35 percent while the probability of a boom is 10 percent. what is the standard deviation of the returns on this stock?

Answers: 2

Answer

Business, 22.06.2019 19:00

Which of the following would cause a shift to the right of the supply curve for gasoline? i. a large increase in the price of public transportation. ii. a large decrease in the price of automobiles. iii. a large reduction in the costs of producing gasoline

Answers: 1

Answer

You know the right answer?

Steve’s Lumber Company on the Missouri River features a large selection of materials for flooring, d...

Questions