These choices will save money on paper, but would not be in the best interests of employee stakeholders. With the seamless launch of surge production at our York, PA. It will be important for Harley Davidson to maintain a strong code of ethics and attempt to make decisions that support the welfare of loyal employees.
It may be beneficial for the company to lease certain equipment in the supply chain in order to reduce costs when it is not being used during the peak season. For instance, the company will need to have a higher amount of material on hand during the peak demand seasons of spring and summer as compared to the winter months when demand is comparatively low.
A long-standing reputation of positive workforce satisfaction and loyalty has been established within the firm. Summary A new strategic initiative announced by Harley Davidson in is to implement season surge manufacturing processes at its U.
If implemented successfully, the initiative will reduce manufacturing costs, while meeting the product demands of the motorcycle customer base. This direction will require a higher attention to detail when it comes to financial planning due the variable nature of seasonal motorcycle demands.
A solar array at a manufacturing plan will have a high initial cost, but it will reduce variable energy costs over the long-term. From a financial standpoint, upgrading to new plant assets will create a higher degree of leverage and thus more risk for shareholders.
Write a 1, to 1,word paper in which you describe the relationship between strategic and financial planning. Be careful not to use quarterly reports.
The following paper will identify the similarities and differences between strategic and financial planning as they related to Harley Davidson NYSE: A detailed financial plan will be required to accommodate the surge in demand for motorcycles that occurs seasonally.
To reach peak efficiency, it is essential that that manufacturing process is closely aligned to the seasonal demand for motorcycles throughout the world.
Larger energy inputs will be needed during peak production cycles and this presents a good opportunity for the company to implement renewable energy sources at its manufacturing plants.
However, if new assets can reduce variable costs they will improve operational profitability when demand is high.
In addition to the York, PA plant, the company has plans to implement surge production practices throughout its U.
Third, the supply chain will be affected by the variable demand for materials needed to produce motorcycles. Shareholders, employees, suppliers, and consumers will need to be prepared for how surge manufacturing will affect their stake in the company.Strategic Initiative Paper (Harley Davidson) – FIN Week 3.
October 14, Posted by octotutor. Essays, Finance, Strategy. FIN Week 3 Instructions. A strategic planning initiative for the organization identified in the Week 2 assignment –.
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