Thursday, February 20, 2020

Draper Manufacturing Case Study Example | Topics and Well Written Essays - 250 words

Draper Manufacturing - Case Study Example For instance, when Brent asked Adam Fox about on time shipment of orders, Adam’s reply hinted the dearth of workforce rather than any other issue. Additionally, the company does not enjoy financial stability and growth, but is facing some serious financial, economic and environmental challenges. On the economic front, the increase in the oil price passing the point of $60 per barrel negatively impacts over the cost of the company as the petroleum is a basic raw material component for mattress. Second, the Gulf hurricanes severely damage the TDI, the chemical consumed to develop polyurethane foam. In addition, the Draper manufacturing also faces some competitive challenges from the competitors. In the recent times, there has been growing tendency to import low priced Asian products, which bring more challenges for the company. Â  Company has adopted some measures to reduce its cost burden. This is where the Draper manufacturing really needs put its efforts and try to bring imp rovements in order to meet the business challenges. Workforce diversity is going to be there, and it cannot be termed as a problem for the growth of the company. In conclusion, the Draper manufacturing faces business challenges rather workforce diversity issues.Although there is no doubt that the current workforce working in the company is diverse and belongs to different races, yet the cause of contention between or among them does not represent their personal views over the racial issues but the business issues.

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