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Application of OM Concepts/Tools - Essay Example

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The paper “Application of OM Concepts/Tools” seeks to evaluate the centroid method as the best applicable tool for the company Eldora (EDC) who were leading manufacturers of bicycle in the U.S. All the business processes of EDC remained to one location only…
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Application of OM Concepts/Tools
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Download file to see previous pages The organization that is under discussion in the thesis paper is Eldora Company (EDC), which is considerably one of the dominant, well-known and most popular businesses that manufacture and supply bicycles in the United States of America (Chase, 2006). Eldora experienced a boom in its sales and recognition in the marketplace since the last decade, as their lower price of the bicycles for a very long time gave them an edge over their competitors. With the increasing reputation, EDC became the market leader as it contributed to more than twenty-five percent of the bicycle sales of the United States. Eldora Company’s business units were located at the same site and all the operational units and the corporate office shared one roof. EDC was a huge organization with numerous employees and workers; and they have come under division according to their capabilities, areas of expertise and skills (Chase, 2006). Through the joint venture with a company based in Europe, Eldora expanded its business into the European market as well. Eldora was an organization that encouraged and promoted the viewpoints, innovative ideas, and recommendations of their employees related to the mechanism of the bicycle that provides with additional features. The loyalty and dedication of the employees towards the company can come under limelight as information and awareness of most modern and recent fashion and approach was the key motive of the members of the staff (Chase, 2006). The principal motivation and influencing factor for the bicycle manufacturers’ repositioning of facility location to the Asian world was that this market was experiencing a boom of bicycle producers at a phenomenal and an unprecedented rate, which allowed them to have cheaper labor in comparison coupled with low distribution costs (Chase, 2006). ...Download file to see next pagesRead More
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