1,297
10
Essay, 2 pages (250 words)

Analysis of parts emporium inc

Parts Emporium Inc. is a whole sale distribution center of automobile parts which was founded by two auto mechanics; Dan Block and Ed Spriggs. In fifteen years time, it steadily grew to become one of the largest independent stores for auto parts in north central region of Chicago. The shift to the larger warehouse situated in Chicago’s south side, facilitated storage for more inventories and allowed them to expand their line auto parts. The increasing preference towards longer car ownership and wider choice of inventory, significantly contributed to the speedy growth of the business. The relocation to still larger premises in the suburban Chicago considerably helped to increase the utilization but the sales remained constant. The founders, therefore, hired an outside manager to improve the performance.
The new manager, Sue McCaskey found that the firm did not have well defined inventory system that could track the sales and customer trend towards specific auto parts and services rendered. While the physical verification of the inventory was carried out regularly but the lack of necessary records made it difficult to predict the stock of requisite parts that would be required by the customers. These were the major factors for the stagnant sales performance.
McCaskey studied the inventory and sales pattern for two of the products; exhaust gasket and drive belt to show the advantages of having good inventory and sales management system that would help identify the short inventory of the products that have good demand. The information thus generated would promote better management of the inventory. Sales and purchase are vital element of effective distribution center. It would therefore, help device strategies and plans to increase its performance outcome. (278)
Reference
Case Study. Parts Emporium.

Thank's for Your Vote!
Analysis of parts emporium inc. Page 1
Analysis of parts emporium inc. Page 2
Analysis of parts emporium inc. Page 3

This work, titled "Analysis of parts emporium inc" was written and willingly shared by a fellow student. This sample can be utilized as a research and reference resource to aid in the writing of your own work. Any use of the work that does not include an appropriate citation is banned.

If you are the owner of this work and don’t want it to be published on AssignBuster, request its removal.

Request Removal
Cite this Essay

References

AssignBuster. (2022) 'Analysis of parts emporium inc'. 2 October.

Reference

AssignBuster. (2022, October 2). Analysis of parts emporium inc. Retrieved from https://assignbuster.com/analysis-of-parts-emporium-inc/

References

AssignBuster. 2022. "Analysis of parts emporium inc." October 2, 2022. https://assignbuster.com/analysis-of-parts-emporium-inc/.

1. AssignBuster. "Analysis of parts emporium inc." October 2, 2022. https://assignbuster.com/analysis-of-parts-emporium-inc/.


Bibliography


AssignBuster. "Analysis of parts emporium inc." October 2, 2022. https://assignbuster.com/analysis-of-parts-emporium-inc/.

Work Cited

"Analysis of parts emporium inc." AssignBuster, 2 Oct. 2022, assignbuster.com/analysis-of-parts-emporium-inc/.

Get in Touch

Please, let us know if you have any ideas on improving Analysis of parts emporium inc, or our service. We will be happy to hear what you think: [email protected]