In today’s market businesses that are distributing good globally and nationally and therefore have to consider that the cost of distribution can depend on the method of distribution they use, there are cheaper methods of distribution available to all businesses such as by road or by rail, these are most commonly used because they are the most cost affective method’s but by using a cheaper method it does mean that the transportation is going to be slower. Compared to other methods that are expensive such as by air and container they even have their own advantages such as travelling by air is very quick process and distributing by container gives goods the best security available. There is other cost affective methods such as by sea but gain this a long and slow process.…
The overarching authority to address the question of recognizing revenue within the current quarter, is addressed in the AICPA Code of Professional Conduct ET 1.130.010.01.a.. The code states that one should not knowingly misrepresent facts by making materially false and misleading entries. In terms of the case, South City Electronics looked to accelerate a bill-and-hold transaction with Victor Systems in order to avoid being in default of a $10 million loan. It is clear that this deal was knowingly done with the idea of avoiding default, but is it materially false.…
1) The company’s long-term debt consists entirely of a 7% semiannual bond with a maturity date of 2039. The bonds last trading price was $1,098.83 per $1,000.00 bond. The bonds are not callable.…
1. If I were Skip Grenoble, which alternative would you advise Ms. Shannon to implement? What criteria would you use to arrive at your decision?…
2 When considering entrance into the new market, there are several initial and long term costs that should be explored. Because the current vessels cannot be converted to container vessels, an additional fleet will be necessary. In addition to the vessels and cranes, other equipment may need to be added to the company’s inventory. Some fixed costs on the waterways associated with the new vessels may increase due to the size and function of these new vessels. Labor rates and contracts may also change with the nature of the new business. Variable cost is also a factor when considering new bulk materials that involve, for example, the transportation of hazardous materials and containment.…
• Global commerce trade is primarly dependent on trans-ocean shipping; roughly 90% of general cargo is shipped via container Based on the container shipping value chain, there are several segments to expand and integrate the business and enter the market. This would provide benefit of business diversification hence decreasing risks According to the volume of growth of shipping lanes (Exhibit 6), every lane has steadily increased during the last years and is expected to grow further in the future…
From industry background perspective The outlook of the linerboard and box industry promises a healthy and stable economic recovery. First of all, the demand of linerboard and box were predicted to increase approximately by 7 percent annually. Furthermore only 1 to 2 percent new capacity might be available in the market until 1986 which results in a capacity utilization of almost 100%. The linerboard price for the year of 1987 was predicted $410 indicating high profitable sales. Thus increasing the linerboard production seems to be a smart and profitable strategic move. Especially due to its missing production capacity for linerboards the purchasing project asks for in time decision in order not to lose customers to competitors. Purchasing linerboard from Atlantic’s competitors to retain customers will have a tremendous effect on the profits. Noting that 70% of the Atlantic profits came from its building products until 1983 it faces a large capacity lack compared to its competitors. The forest products industry was directly linked to the interest rate fluctuations, thus after the acquisition of Royal’s linerboard mill and box plants would reduce Atlantic’s potential economic risk.…
As a project manager Jim was able to subdivide the overall system into a set of components. For example he understood the importance of having representatives from the COO and marketing. Jim was also flexible to change. Although he was not expecting to have representatives for the COO and marketing to be on the team and be directly reporting to their supervisors he handled the situation well. Last but not the least he made sure that he has representatives from information technology and a manger from a store to ensure that he has the best team possible to make the project happen. Reworking is a natural part of being the project manager of an object-oriented analysis and design project and an integral part of its development process. He also understood the importance of looking into which strategies helped to make the project a success by focusing on the busiest store in Irvine as a previous iteration. Jim also showed eagerness and interest in the project by compromising with his personal preferences for the benefit of the project. By personally investing his own time he will prove to be a leader and stimulate a similar motivation from other team members. This proves that Jim possesses the qualities of a good project manager.…
Transportation costs would need to be considered on the supply side. The cost and service for moving inbound would need to…
At first, we will discuss the responsibilities of seller, buyer and carrier and describe the documents that should be prepared by each of the three parties. Next we will discuss the characteristics of each transport mode and select the port according to the location and price to determine which mode of transport that should be used for this particular export and estimate the lead time for the whole operation. Moreover, international trade is faced with a number of risks and we will identify the critical issues that should be considered during this operation. Finally, we will give the final recommendations to complete this export successfully. We suggest seller use intermodal transportation of motor and sea transportation. Seller and buyer deal with motor transportation at the beginning and ending of the whole process, by using private vehicles.…
The long-term the dry bulk industry is expected to grow. Prospects for growth from 1994-2000 on average are +2.3%. The projections on exhibit 6 trend toward +1.5% y/y increase, which are in-line with data from previous years. In addition, over 85% of the cargo carried by capsizes is iron ore and coals. Given that India and Austrailian production in iron ore is expected to be strong, exports are expected to increase in the years immediately following y2000. Therefore, we should expect the same positive forecast/prospects of demand of vessel service over the long term.…
Shipment companies have to cope with these imbalances by looking at the situation as a whole. The solution comes from the fact that they deal with several ports and more than one industry of goods. Adjusting prices is one strategy, making exports from a surplus port less costly than imports to the same port and vice versa. Another is creating collapsible shipping container. This ingenious idea developed by a Dutch shipping container manufacturer, Cargoshell. It is an “energy-saving solution to empty shipping container.” 2 Its benefits…
sector, the costs for transportation (trucking, air cargo, sea and rail carriers) are rising because of the…
Around 90% of world trade is carried by the international shipping industry. Without shipping the import and export of goods on the scale necessary for the modern world would not be possible. The international shipping industry transported 6.2 billion tones of cargo in 2003, with a fleet of 26,280 deep sea cargo ships. Poor and inefficient port handling services have become one of the main causes of inefficient logistics in shipping industry. Such as poor communication, inaccurate paperwork, or inefficient port operation, upset shipping lines greatly.…
In the following years NAC may want to transportation its vehicles to Asia coasts and south coast of UK. In this case further negotiations can be arranged with BSL. It is enough to agree for three RoRo ships of BSL to transport NAC’s vehicles, for now. NAC assumes it can pay 40$ to $60 per cubic meter range for transportation. But price can be arranged if BSL accepts the other issues.…