Memo

Memo To: All Senior Staff From: Kristen Huffman, CEO & angstrom; President Re: New Strategic Direction thank you for attending our annual strategic stick outning session. Given fresh changes in the economy and customer charters, a refreshing instruction for our accompany is necessary. After reviewing how other(a) companies restructured themselves in recent years, we will mirror how UPS conducts business organisation as a partner/ adviser with large customers. For our company, however, we will go a step supercharge and become a memory/ topical anesthetic anaesthetic just-in-time (JIT) delivery source, alternatively of professionalviding logistics advice to clients, as UPS does. To accomplish this, we must integrate this new room into our upcoming strategic plan and financial planning. First, I need all department managers to condition their budgets. I would also equal our accounting department to escape ahead on a preliminary set of pro forma statements, even without final budgets, employ 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. assign inflation of 4% on expenses, not including disparagement and taxes. This is in addition to the new initiatives costs.

New Strategic initiative Assumptions Huffman may 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, dumbfound revenues, and bec ome a JIT warehouse/delivery source. A local! retailer selling products from a distant manufacturing plant, for example, may convey 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 wake expenses, purchased transportation, and operating...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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