Memo

Memo To: All Senior Staff From: Kristen Huffman, CEO & antiophthalmic factor; President Re: New Strategic Direction convey you for attending our annual strategic stick outning session. Given youthful changes in the economy and customer wants, a modern path for our confederacy is necessary. After reviewing how other(a) companies restructured themselves in recent years, we will reflect how UPS conducts business organisation as a partner/ adviser with large customers. For our company, however, we will go a step push and become a memory/ topical anaesthetic just-in-time (JIT) delivery source, rather of professionalviding logistics advice to clients, as UPS does. To accomplish this, we must integrate this new charge into our upcoming strategic plan and financial planning. First, I need all department managers to condition their budgets. I would also want our accounting department to escape ahead on a preliminary set of pro forma statements, even without fi nal budgets, utilise the following assumptions. They must look if external funding is needed. I have attached a summary of assumptions about this new direction. New Strategic Direction foliate 2 1. engage inflation of 4% on expenses, not including disparagement and taxes. This is in addition to the new initiatives costs.

New Strategic initiative Assumptions Huffman whitethorn overcome increased competition and economic backwardness by initiating a new strategy; this will cycle our company into a one-stop shop and key logistics company. We will contribute consulting services, regress revenues, and bec ome a JIT warehouse/delivery source. A local! retailer selling products from a distant manufacturing plant, for example, may have JIT deliveries, instead of 40-foot trailer loads. This would be fulfilled by the local operation. 2. Assume the following regarding variables versus fixed-nature-of-income-statement operating expenses for the existing business: a. 80% of wage benefits is variable and 20% is fixed. b. 100% of open plague expenses, purchased transportation, and operating...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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