Saturday, December 15, 2018
'Crocs Essay\r'
'The companyââ¬â¢s primary products include footwear and accessories which utilize its trademarked closed cell-resin, Croslite. It operates through three segments: Americas, Europe and Asia. * descent from WSJ. The stock damage (from 1/1/2007 to presently) shows the boilers suit up and down trends to Crocs. The point indicates on Nov. 2007, Crocsââ¬â¢s price meltdown. Clearly, Nov 2007 is just a start for Crocs to fall out going down. 2. Management conundrums-Inventory Crocs is a huge shoe-manufactory and worldwide company. As mentioned in the case, there is some counseling problems exist in the company. As seen the chart of price above, such big volatile may glint something wrong in the company. As we analyze the repose sheet and income statement of Crocs. We find that the inventory disorder is a little low. That is a huge problem for Crocs.\r\nBecause the low rate means there argon too much surplus inventory in the company. While shoes are fashionable items and Cr ocs is now offering large amount of new styles to customers. consequently the surplus inventories do damage to the company. The chart at a lower place compares Crocs with related-field companies to see if the inventory turnover is really low. * source from www. sec. gov/ However, I think Crocsââ¬â¢s inventory crisis may not be that serious. Because Crocs is an international company which focuses on seasonal products, the superfluous inventory john be digested selling abroad.\r\nBesides, there is another way to call this problem. According to Ron Snyder, President and CEO of Crocs, thereââ¬â¢s really no risk in having intemperance inventory of our high-volume products, where the new products we want to have excess capacity in place where, when a devoted style takes off in a season, we can quickly ramp up and take value of that new style.\r\n'
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