Custom Molds, Inc
Title: Custom Molds, Inc
Category: /Society & Culture/Education
Details: Words: 489 | Pages: 2 (approximately 235 words/page)
Custom Molds, Inc
Category: /Society & Culture/Education
Details: Words: 489 | Pages: 2 (approximately 235 words/page)
Case is about family business (father and son : Tom and Mason Miller), which began producing molds and later added production of plastic parts to main business. Although production is traditionally being focused on quality and design of both molds and plastic parts (mass production/ customization accordingly), total number of order is remained the same, but client's desires have been shifted.
1). Custom Molds Inc. has faced the following major issues:
*<Tab/>Although
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and managers).
*<Tab/>Office- a) to make order placement more truthful (matching ability of order fulfillment with time promised); b) to identify customers` needs more precisely; c) compare changes and it's influence on company's finance (taking into consideration return on income); d) due to the market demand company should make strategic decision and conclude if it is better to concentrate on molds or plastic parts (this is the most appropriate alternative).