EDMUNDS CORRUGATED PARTS & SERVICES Essay

I. Problem Identification1. Demand on Edmunds Corrugated separate and Services outputs are diminishing. 2. Remote location of its air.3. High price of obturate material.4. Difficulty of replacing industrious and loyal existing employee.II. Objectives1. To keep the go with of its current standing in the market in the future.2. To develop new-sprung(prenominal) parts and products that leave alone compete on new trends of transportation system products.3. To look other target market that will increase its market touch.4. To carry and develop highly skilled worker at an earlier cadence to replace the retiring workforce.III. Analysis and MethodologyThe case is being resolved on the point of view of Mr. Larry Edmunds the Owner.Methodology use in abbreviation SWOT AnalysisStrength1. More than 2 decades in existence.2. It has hardworking and loyal workforce.3. Industry leader with exceptional reputation for reliability. 4. Market share is at 75 percentWeaknesses1. Location is rural.2. Products are not up the current technology.3. Revenues were beginning to show clear signs of stagnation. 4. Current workforces are nearing retirement.Opportunities1. variegation of new and existing products.2. Has 50,000 square foot factory.3. Youthful workforce is easy4. Other alternative business venture is emerging.5. Make use of the net income as a marketing tool.Threats1. Products are going to be obsolete.2. reputation industry is being wipeout.3. Clients are going overseas for a vocalise venture.4. Surviving manufacturers are investing on high quality machines that broke down less frequently.IV. Alternative Courses of Actions1. Develop new parts and product that will cater the new machines use in manufacturing new shipping products. 2. Make a careful study to branch out the business to other areas to increase its share in the market. 3. Find an alternatives source of materials similar durable plastics for shipping products. 4. Hire younger workforce and develop their skills.V. finis / RecommendationThe company should always look on the ever evolving market trend on manufacturing and distribution on its industry. The company should adapt pronto to keep its share in market or introduce machines that will keep industry grow and lower production cost by means of automation.All of the alternative courses of actions are recommended to keep the company move off and achieve its goals.