Today I worked with the head of purchasing, Rose Ann. First she showed me how to track a purchasing order that was being shipped through Fedex. The delivery was due to arrive on June 13th, 2012. She also talked to me about accounts payable and accounts receivable, which is the record of debts and money owed to the company. Next I was checking on Process Pro to see how many vendors the company had for each product. when I found how many vendors we had, I would record each one and the last date we ordered product from them. I did this for over 150 different products.
Later that day I sat in on a meeting at C&M Plastics L.L.C, who specialize in coustom mold building and design. I went to the meeting with Rose Ann and Mr. Hammer, and the owner of C&M, Sandra Craven. In the past, 21st Century has ordered from C&M, but Sandra made too many bottles and stuck us with the cost. Needless to say we wanted to avoid that from happening a second time. The problem with Sandra was that she was a little desparate. She had bought a building too big for what she needed and the payments were causing a burden on her. We had to remind her multiple times that we were sorry, but we couldn't put in a bigger order just because she needed to pay her bills. She was afraid of having to short sell her business. This means to sell at a lower price than what it was bought for in the first place. She was already down to only having one employee on the machine during a shift and there seemed to be only four people working in the entire building.
Later that day I sat in on a meeting at C&M Plastics L.L.C, who specialize in coustom mold building and design. I went to the meeting with Rose Ann and Mr. Hammer, and the owner of C&M, Sandra Craven. In the past, 21st Century has ordered from C&M, but Sandra made too many bottles and stuck us with the cost. Needless to say we wanted to avoid that from happening a second time. The problem with Sandra was that she was a little desparate. She had bought a building too big for what she needed and the payments were causing a burden on her. We had to remind her multiple times that we were sorry, but we couldn't put in a bigger order just because she needed to pay her bills. She was afraid of having to short sell her business. This means to sell at a lower price than what it was bought for in the first place. She was already down to only having one employee on the machine during a shift and there seemed to be only four people working in the entire building.
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