Managing Time

Analysis

Objective:

Total grasp / understanding of situation

Steps:

• From ‘Case', List ‘Facts' & ‘Inferences'

Fact Inferences

Campbell Brothers, biggest supplier of the work

Biggest source of revenue

Less order during world war therefore compensated with other work

Industry is dependent on world political stability

Campbell was insisting Wald process • No other press

• Could be rely upon

• Good quality and fast processing (SLAs)

• Pricing low

Outside contracts • Not enough work supplied by Campbell

• Not efficient use of resources

• Wald press could sustain, because of outside contracts

• Manager influenced by past experiences

Skilled labours retention issue • Labours going to other industries/companies

In 1944, losses from outside contractors No other big publishing house, so have to be dependent on these contracts. Therefore take the contracts to keep the business running

In 1945, Campbell/others – 6.4 Still highest revenue from campbell

In 1945 – contractors were able to give profits Even these contractors grew with market improvement

No of days sales in inventory decreases Huge demand for their products,

In 1946, sales are again high • Campbell had enough work

• Political stability in the market

1946,

Manager doesn't want to drop outside contract • Key decision maker, not full support for idea, because

1.

Lack of skilled labors Only machine buy can't increase production capacity

Purchase of new machinery will take 1-2 years • Buying machinery is lengthy process

• Not immediate solution

Inventory expense for other contractors was high • Unbilled amount for other contractors was affecting liquidity and also responsible for additional cost

Overhead cost can't be separated easily • Not clear picture of profit

Manager prefer