Case Study Example | Topics and Well Written Essays - 1000 words - 33

Case Study Example Both lines of product compete for the company resources. Recently, the standard line of furniture has seen a significant increase in sales. As a result, the company has increased the labor hours for this line. However, the customized furniture line still gains precedence due to its huge profit margin. The company’s founder is quick to note the company’s growth in his review (Rice, 2003). However, the finance department has revealed that the inventory has tied up huge amount of cash. As a result, the inventory holding costs continue to increase. Additionally, the increasing lead times is causing more delays in delivery of both lines of production. As a result, the company management has been forced to re-examine the impact of the standard line furniture on the entire production process. Qatar has adopted an economic model that has led to the boom especially in the furniture industry. Small-scale production of furniture is not enough to meet its growing demand. As a result, a number of large-scale furniture manufacturing companies have cropped up in all corners of the country. Under this section, an analysis is provided of the strength and weaknesses of Gulf Creative Ideas. Since its inception, the company sales have rose dramatically. It has identified affluent consumers as its target market. High-end consumers are less price-sensitive and provide unique design specification for their furniture. The company has exploited this niche fully and this as translated to its continued growth in revenue. Chapter 1 is concerned with the operation management: activities that oversee the production process. Under the organization chart, inventory management is part of these activities in the manufacturing process. Chapter 2 analyzes the need for a mission statement and the operation strategies that follows. Gulf Creative Ideas should focus on the strategies that augment its competitive advantage. With regard to the sixth chapter, quality improvement is a