Question

In: Operations Management

Abeego is the original beeswax food storage wrap campany, based out of Victoria, BC. The true...

Abeego is the original beeswax food storage wrap campany, based out of Victoria, BC. The true vision behind Abeego is to Keep Food Alive,It keeps food fresh without having to use plastic wraps, aluminum foils, etc.

Abeego plans to export to Germany.

QUESTION

Provide a 1 year detailed summary of IMPLEMENTATION SCHEDULE PLAN for the export indicating Who , What, When, Where and How Much $

(250-300 words)

Solutions

Expert Solution

1 year detailed summary of implementing schedule plan

introduction of company involve in exporting- ABEEGO, it is a beeswax food wrap based company based in Victoria BC . its vision - " keep food fresh" . in implementing a schedule plan to export GERMANY following parameters keep in mind.

WHO-

  • who is your trading partner? the financial condition of a company that is your trading partner soon.
  • who is your loan provider? which bank you are getting a loan and under what conditions loan is provided.

WHAT-

  • what is the quantity of a lot? in one lot how many beeswax export, this is decided as per the agreement.
  • what is the quantity of inventory? how much we stock so that 1year demand fulfilled,
  • what is the duration of consignment? is there any clause of extending export contract i.e beyond 1 year.
  • what is the overall cost of implementation? overall cost includes shipping to boarding
  • what is the geographical area of exporting countries? under what climate condition beeswax wrap could sustain determine weather conditions where it is exporting.
  • what are terms and conditions? which INCOTERMS used and other tax condition

WHEN

  • when is the right time for exporting? the sailing condition should be in favor to sail also no diplomatic tension between both trading countries.
  • when to shipped the lot? shipping the lot also need specific timing as shipping effect by many factors.

WHERE

  • where the product export? the exact location of the trading company to whom export is planning.

HOW MUCH $

  • total budgeting in export for one year. cost estimation is a very risky and important part of any planning.
  • how much manpower needed.

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