Wednesday, June 12, 2019
UDF (United Dairy Farmers) Analysis Assignment Example | Topics and Well Written Essays - 1000 words
UDF (United Dairy Farmers) Analysis - Assignment ExampleThis ice- work has been known for its heavy use of fresh condiments and low overrun. In 1984, the UDF Homemade Brand of Cookies N mosh was designated by People Magazine as the Number One Brand of Exotic Ice Cream across Canada and the USA. Following this endorsement, UDF Brand ice creams c each for increased in popularity and can be found in many states in the mid-central region of the USA. The business has expanded to Georgia, Indiana, Illinois, Florida, Kentucky, Louisiana, Mississippi, Michigan, Ohio, North Carolina, Pennsylvania, South Carolina, Tennessee, West Virginia and Virginia. UDF besides produces and sells Frosty Malts and Sherbets, Special Recipe ice-creams, yogurts and milk shakes (UDF Website, History Section). Identification of run a risks The making and selling of ice-creams is an exciting business save is nevertheless fraught with different types of risks. rough of these are natural but others are manmade . Consequently, some of the risks can be covered by insurance and other safety and security procedures while others vertical have to be borne or dealt with. In my interview with the manager, I determined that the following risks were most relevant to UDFs ice-cream related business a. essay of hanker designer failure and melting of inventory b. Risk of legal action due to foreign objects found in products c. Risk of contamination of ice cream due to chemical agents d. Risk of ice cream parlor/ store outlet burning down e. Risk of rioting, hooliganism and other disruptive activities f. Risk of employees going on strike or industrial action g. Risk of bad service because employees are insufficiently trained h. Risk of its formulas and recipes being compromised i. Risk of contaminated supplies of inputs j. Risk of contamination or exposure in the delivery process. Steps That Can Be Taken to Mitigate These Risks The risk of long power failure though unheard of is possible in case of a natural calamity like a tornado, blizzard, thunderstorm or flood liaison Columbus, Ohio. Riots and strikes are also covered. Even emergency systems could be affected and businesses forced to shut down for some time. In this case keeping the inventory and supplies safe, make prisoner and ready for consumption will be a challenge. However the business has determined its usual stock of inventory and consumption on weekdays, weekends and public holidays and has because ensured each store on the average level of stocking and consumption. The backup system at the stores ensures that power is available for three days or 72 hours but after that something will have to be done to preserve the merchandise. Insurance has been taken out for possible inventory losses and also a dumbfound has been entered into with a cold storage plant so that supplies and goods can be stored there in an emergency, ensuring business continuity. Quality control is strictly ensured as all inputs are checked b efore inclusion in the production process. In case there are signs of low quality, the entire lot is returned and replaced according to the look at with suppliers. The business has also hired local legal and advertising agencies to promote its products via various media including television, billboard and internet based advertising. The legal firm is also obligated for vetting all press releases and protecting against copyright and trademark infringements. It is
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