Abstract Global Financial Corporation (GF) a subsidiary of Global Equipment Company (GEC) is tasked with handling financing for those customers who wish to purchase GEC heavy equipment. Currently GF only processes 51% of the leases within the “10 days or less” time frame, with some loans taking up above 41 days. Ms. Rodriguez, the Vice President of GF has been directed to decrease loan processing time to 10 days or less with the current staff she has. The current structure of the analysis and evaluation stage does not maximize staff time effectively and as a consequence creates a bottleneck in the process. We recommend switching to a case manager structure. lLan applications can be processed and * Expected wait time in the system for an application in Region 3 was approximately 15 days, with an actual processing time of 13.56 hours. With utilization rate of 84%, this Region has the ability to handle an increase in applications. * Each region utilized over ten days of average time in system and showed bottlenecks. 2. Interest rate stage is a multi channel process and is working effectively. Applications are processed quickly and are usually turned over to the next step within 30 minutes. The utilization rate is consistent at 64%, which means that this staff member can continue to devote only half of his time to this task. 3. Loan terms stage is a single channel and has similar issues as the analysis and evaluation department. It creates bottleneck and work is unevenly distributed. 4. Final issuing stage is an effective multichannel process with a consistently high utilization percentage. Each application takes less than 4 hours to process and utilizes time consistently at 93% of capacity. Alternatives Redistribute the staff to eliminate the bottlenecks in the process. Automate the input of information into a computer database at the sales level eliminating duplicate entry. * Generic queue would decrease processing time to 9 days. Evaluation will drastically reduce to 2 days of processing, increasing utilization and reducing idle time. Active
Case: JPMorgan Chase: Chasing Growth Through Mergers and Acquisitions JPMorgan Chase is a leading global financial services firm that provides broad-range investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity services. As of 2009, JPMorgan Chase operates in more than 60 countries with more than 200,000 employees. JPMorgan Chase serves millions of U.S. consumers and many of the world’s…
Zejnilovic March 2009 The Analysis Group Countrywide Financial Motorola AIG GM The Analysis Group will be taking a look at downsizing of GM, AIG, Motorola and Country wide financial. We will work on IT strategies that help these companies with their downsizing. Downsizing is done when a company decides to reduce its workforce for reasons other than poor performances, criminal conduct or unethical behavior. Countrywide Financial Countrywide was founded in 1969 with the commitment…
stakeholders Internal stakeholder’s External stakeholder’s Board of Directors Stockholders/Investors Management Government Agencies Employees Customers 3. Company’s mission and vision Company’s mission FedEx Corporation will produce superior financial returns for its shareowners by providing high value-added logistics, transportation and related business services through focused operating companies. Customer requirements will be met in the highest quality manner appropriate to each market segment…
civil war, 250,000 unfortunate people have died. When multitudes of people migrate to one country, that country would, in turn, become extremely pressured. “The pressures caused by massive influxes of people can be overwhelming”(“What's Driving the Global Refugee Crisis?”). Every year, Germany alone spends 21.7 billion dollars on anything which is refugee related, and with oncoming demand in Germany, this number continues to grow higher. The European Refugee Crisis has also displaced nine million Syrians’…
players. Express carriers like UPS, FedEx, and Deutsche Post are looking to expand their businesses in emerging markets like China and India, where a newly minted middle class promise opportunity. In its mission, Fedex strives to produce superior financial returns for its shareholders by providing high value-added logistics, transportation, and related business services through operating companies. They also strive to meet customer requirements in the highest manner possible with regards to the appropriate…
Business Research, Ecornell | John C. Pope, 63Independent Director | Kraft Foods Group, Inc., Waste Management, Inc., R.r. Donnelley & Sons Co., Navistar International Corp., Con-way, Inc., Pfi Group Llc | E. Follin…
Carnival Corp - Travel and Tourism World Euromonitor International : Global Company Profile January 2009 Carnival Corp - Travel and Tourism World List of Contents and Tables Strategic Evaluation................................................................................................................................................ 1 SWOT analysis..................................................................................................................................…
Financial Research Report Marquita Jackson Dr. Glenn Stephens Financial Management – FIN 534 March 4, 2014 Abstract Imagine that you are a financial manager researching investments for your client that aligns with its investment goals. Use the Internet or the Strayer Library to research any U.S. publicly traded company that you may consider as an investment opportunity for your client. The assignment will cover the following topics: Rationale for choosing the company for which to invest Ratio Analysis…
Global Environments and Problem Sets ACC/300 – Week 5 When you think about market growth, you have to consider the trends. What makes it increase? Why does it increase? Market growth is increasing mainly for the reason of occupied clients not having time to prepare a dish and for the comfort factor. In addition, the food industry is expanding very quickly because of the circumstances international markets offer. Take McDonald’s for example, they absolutely have a competitive edge both in the…
own resources5. With its knowledge centres and infrastructure located solely in Japan, Sharp could benefit from it by bolstering cutting edge production technologies/manufacturing capabilities nationally and extending its technologies gradually to global sites. Aiming to create a value chain in the consumption area/major markets, encompassing each step from procuring materials through manufacturing and sales; an internal company concept known as “local production for local consumption”, would allow…
