Case Study - Avie Products Inc

docx

School

Seneca College *

*We aren’t endorsed by this school

Course

1283

Subject

Economics

Date

Feb 20, 2024

Type

docx

Pages

2

Uploaded by ProfApeMaster1003

Report
Avie Products Inc. Case Study Scenario Avie Products Inc. is planning to add a third shift to its production schedule. It currently has 450 workers involved in all aspects of its fertilizer business, best done in Canada. A recent surge in demand from its global customers is driving the need for more workers; however, Simi Meher, the CEO, is concerned that the surge may be temporary, especially in light of the recent economic downturns in the global environment where Avie does business. Questions 1. Which approach would be the best for Avie use to forecast demand for its products? 2. What HR planning would assist Avie in determining how many additional workers it would need for the third shift? 3. Assume that Avie goes ahead with the third shift. What can the company use to evaluate the effectiveness of this strategy in a year's time? 4. If the demand for Avie's product should drop in the future and the company is required to lay off some of the staff on the third shift, what would be the best way to determine who, on this shift, should be laid off? (Note that Avie is not unionized.) Answers Which approach would be the best for Avie use to forecast demand for its products? Trend analysis would be the best approach to forecasting demand as opposed to Markov analysis, staffing tables and skill inventories. The sales of fertilizer would be the most appropriate business factor used to predict HR needs.
What HR planning would assist Avie in determining how many additional workers it would need for the third shift? Reconciling supply with demand would be the best way to determine the number of workers needed for the third shift. Assume that Avie goes ahead with the third shift. What can the company use to evaluate the effectiveness of this strategy in a year’s time? Benchmarking - evaluating productivity against other firms in the same business - would be better than Markov and trend analysis and skill inventories. If the demand for Avie’s product should drop in the future and the company is required to lay off some of the staff on the third shift, what would be the best way to determine who, on this shift, should be laid off? (Note that Avie is not unionized.) Need to look at the jobs that are impacted and to what extent - some jobs may be more affected by a downturn in the global economy and a resulting downturn in sales than others - determine how many people are needed in each job and retain/layoff based on performance. As this is not a unionized environment and there is no collective agreement that contains a clause about seniority, it would be in Avie's best interests going forward to retain the best performers.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help