Management of Working Capital Case Study: "George's Trains"
This clip explores the management of working capital at "George's Trains," a small business whose market demand runs in cycles.
Franchising Case Study: "Sir Speedy"
This clip describes the experience of a couple who elected to purchase a Sir Speedy printing franchise.
Just-In-Time Inventory Management
Maintaining appropriate levels of inventory is a fundamental aspect of operations. In order to insure a smooth flow of work and delivery to customers, companies need to keep some amount of both raw materials and finished product on hand. But histori...
Production and Operations Case Study: Rutherford Hill Winery
Rutherford Hill Winery is located in California's Napa Valley, one of the most prolific winegrowing regions in the world. Efficient production and operations at a winery like Rutherford Hill requires skillful management that includes: carefully anal...
Productivity Case Study: Domaine Chandon
For wineries like Domaine Chandon, making sparkling wine requires an enormous investment in everything from vineyards to corks. What makes the investment even riskier is that it takes several years for sparkling wine to mature. And the pursuit of pr...
Purchasing and Inventory Control Case Study: "The Harlan Corporation"
This clip profiles the Harlan Corporation, which manufactures tractors and equipment for moving heavy loads. Because it's not financially possible to maintain an inventory of tractors, the company tries to keep up with customer demand by maintaining...
Seasonal Demand
This clip notes that one of the more challenging aspect of managing working capital is seasonal demand.
Credit
This clip argues that, since a company's ability to collect its accounts receivable has a direct impact on its cash flow, it's important to establish clear guidelines for payment before extending credit to customers. The clip also looks at establish...
Potential Disadvantages of Buying Into a Franchise
This clip explains that, when buying a franchise, the entrepreneur gives up much of the freedom that comes with starting a new business. This must be weighed against the advantages of purchasing a franchise, which are considerable.
Inventory Control
The importance of minimizing unsalable or surplus merchandise is the focus of this video. Inventory control is presented as a strategy for business management and marketing, not just recordkeeping.