Team A Week 4 Case Study.docx

Team A Week 4 Case Study.docx - Team A-Andrew Gutierrez...

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Team A-Andrew Gutierrez, Crystal Jones, Melissa Highland Professor Yasin Dadabyoy ACC542-Week 4 Case Study 12-22 July 3, 2017 1. Indicators A. Late payment of vendor invoices, which means late fees and lost cash discounts N/A B. Late deliveries to customers Using Real Time information with Enterprise IQ, employees can let clients know when the delivery dates change or the possibility if they can be shipped earlier than the normal dates C. Growth in inventories, accompanied by an increase in stockouts A. Using IQMS’ Warehouse Management System, the company tracks down all the movements and states of the inventories system in the company B. The activity monitoring system, IQ Alert, triggers signals for any kind of investigation or issue presented D. Slowdown in inventory turnover N/A E. Increased time in collecting receivables The Implementation of an efficient billing system to detect, track and reduce average invoice aging, hence, any inconvenient with prices, quantity and quality are solved immediately in real time F. Late periodic reports N/A G. Increasing length of time to close out books and the end of a period The activities and tasks of the end of the month, they will take much more time to get completed H. Managers concerned about cash flows and financial picture of organization N/A I. Manager complaints about lack of information needed for decision-making To report tools and the abilities to forecast. There is no way to segregate the plants costs and sales when reporting J. Owner worries about cash flows, taxes, and profitability The company has a better understanding of costing and profitability at the micro and macro level 2. Procedures
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A. Measure success With the savings in time and money these things are used to measure success with employees, sales persons, and plant equipment 5,000 saved in possible machine hours lost due to downtime for physical inventory More effective inbound order processing: $40,000 annually Capability for outbound EDI invoice and ASN processing: $20,000 annually Eliminating physical inventories counting: $83,000 annually
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