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A case study on Four Star Industries Singapore - Matching Supply (Paperback)
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A case study on Four Star Industries Singapore - Matching Supply (Paperback)
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Bachelor Thesis from the year 2012 in the subject Business
economics - Business Management, Corporate Governance, printed
single-sided, grade: A, University of Cambridge, course: Business
economics - Business Management, Corporate Governance, language:
English, comment: Very good, abstract: The study is being conducted
on the issues and problems that were faced by the Five Star
Industries Private Limited, a famous mattress brand which had been
suffering from heavy losses owing to the company's sales falling
and competition penetrating the market, with continuously
increasing day by day. The company came into being in 1966 when a
carpenter and his wife took the initiative and formed this company
to produce spring mattresses. In order to produce the mattresses,
Gim Sin the carpenter purchased sophisticated machinery owing to
the machines high productivity and quality. However, with time, the
intensity of the competition I the mattress producing industry
increased and the company had to suffer from the problems of local
mattress producers dominating the mattress market and thus forced
the company t take corrective action. The company was highly
affected since it was heavily dependent on the local dealers who
now penetrated the market with their own production of mattresses.
However, the company attempted to do this by increasing its product
range and service level. Although the action was to improve the
company's condition, yet it further deteriorated the company's
position since the variety of product ranges which now resided in
their portfolio became difficult for them to manage since the
increased variety slowed the mattress production. The act of thus
matching the demand with the supply of these variety of mattresses
became a problem for the company and thus led to the company facing
order fulfillment problems since the wide variety of products
produced and the orders of these various mattresses put a heavy
pressure on the company's manufacturing operations and c
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