By Editorial Team Last updated: Jan 15, 2022
Questions:
1. You are a company that want to import some mobile phones from China. You want to buy 20.000 units for the Apple phone, 15.000 units for the OPPO one and 25.000 units for the Huawei one. You have received prices from two different sellers that work with different Incoterms. Before you close the deal make sure you understand the total cost of the transaction in order to make the better decision for your company. Price propositions for the 3 different brands are as per the attached chart (seller 1 and seller 2). Your warehouse is in Madrid and the plan is sea freight from Shanghai port to the Barcelona port. You want to have the product with an insurance for the shipment. Given all the concepts and its prices available (attached below), please put them in the right order and chose the ones you need in order to define the cost structure for the transaction. Please show me the total cost for the two options so your company can properly decide.
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2. In the chart below you will find all the operational issues you have encountered in your warehouse this 2021. Using the pareto analysis, please segment the issues, and define which ones you should take action in order to minimize the money loss. For the ones you have to take action, please define two actions and areas involved that should help you sort the issue out.
# |
Issue |
Area |
number of hours lost due to the issue happening |
€ lost for the company due to the issue |
1 |
wrong quantity prepared |
Picking |
340 |
3.555 |
2 |
Wrong reception and location |
Goods in |
50 |
575 |
3 |
Shipped in the wrong transport company |
Goods out |
60 |
1.300 |
4 |
wrong material prepared |
Picking |
20 |
200 |
5 |
Shipped in the wrong destination |
Goods out |
24 |
150 |
6 |
Invoice error |
Accounting |
30 |
330 |
7 |
wrong label |
re-work |
850 |
456 |
8 |
fork lift truck battery error |
storage area |
2 |
500 |
9 |
Lack of packaging material |
picking |
44 |
250 |
10 |
Trucks not delivering on time |
Goods in |
13 |
5.530 |
3. GUSTAV company has got annual sales volume of 400.000units for the last 4 years. The 2021 end stock in the balance sheet is 450.000€ (854.320 units x 0,53€/unit).
Current Assets |
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Current Liabilities |
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Cash |
150.000 € |
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Short term debt |
180.000 € |
Stocks |
450.000 € |
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Accounts payable |
220.000 € |
Accounts Receivable |
50.000 € |
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