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Albatross Anchors part 3 - Case Study Example

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Albatross is a small-sized wholesale business organization. The company has its limited number of divided in two categories, the bell or mushroom anchors and the snag hook anchors. …
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Albatross Anchors part 3
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"Albatross Anchors part 3"

Download file to see previous pages Being founded in 1976, Albatross Anchor operates as a family business in the USA. It was instigated by four people family members and currently performs with the manpower of 130 employees. The company has been engaged with the manufacturing and shipping of anchors in the wholesale market of the nation and other neighboring countries as well. Thus, the entire organizational process involves various phases which can be sorted as producing, storing or warehousing and shipping among others.
With the intention of proposing the company to adopt changes, after taking certain beneficial strategic measures, the discussion henceforth will intend to address four challenges faced by Albatross in its current practices rendering recommendations to the identified issues. Furthermore, adhering to the changes recommended, the strategic selections will be justified along with a detailed plan of implementing those strategies and a timeline through Gantt chart.
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It is in this context that the company needs to witness challenges in terms of legal barriers limiting the maximum weight to be shipped at a time. Owing to this particular reason, where on one hand the company needs to incur extra cost burden of transportation costs in case of railroads; on the other hand, it had to witness hurdles in transporting through ocean routes as well where the products were entitled to be initially shipped through rail to the dock and then loaded on the ship, which incurred extra labor costs for shipping goods in the international market. Furthermore, due to the increasing complexities in the shipping procedure, the organization also had to face hurdles in managing the manpower effectively. Hence, it can be recommended that the company needs to reframe its administrative staff arrangement along with absorbing more manpower in its transportation process. Although engaging greater manpower shall prove to be a costly venture in the short-run, it shall prove as highly beneficial in the long-run to gain enhanced sustainability and profitability minimizing the confusions arising in the shipment process. Again, as the company produces both domestic and international products incurring different production costs, it should intend to re-consider its pricing strategies which would neither hamper the interests of the wholesale customers, nor would inhibit the profit margin of the company (Rivers, 2012). Challenge # 3: Quality Management In relation to quality management, the products which are produced by Albatross, i.e. bell anchors and snag hook anchors, follow distinct procedures or mechanisms and techniques. For instance, the bell anchors are ...Download file to see next pagesRead More
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