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  • Sparkle Collection: A Rising Generation’s Entrepreneurial Dilemma

    Karen Chan was a Hong Kong second-generation leader in her family business, German Pool Hong Kong Limited (German Pool), a home appliance and furniture company founded by Karen’s father, Edward Chan. By July 2022, Karen had developed the family business and founded her own high-fashion brand, Sparkle Collection, amid ongoing disruptions in Hong Kong. Karen was an innovator of products and ideas for the family business, but her niche venture Sparkle Collection gave her an understanding of the hardship her father faced starting a new business from scratch. Social unrest in Hong Kong in 2019 and the outbreak of the COVID-19 pandemic in March 2020 had a strong impact on the economy, drastically affecting sales of premium products. Karen pivoted to make her venture survive. She also created a new strategic plan for the enterprise’s portfolio. Sparkle Collection targeted a niche artistic and cultural sector. In contrast, German Pool’s appliance and furniture business, along with its Happy Kitchen Cafe, catered to the mass market. Karen knew that it could take years of continued investment in Sparkle Collection to make it a “star” in the portfolio. She wondered if she could balance her roles as steward of the family business, while pursuing her passion as the entrepreneurial founder of Sparkle Collection. Should she continue to invest in her venture despite uncertainties in the economy and in her own future? Or should she give up on Sparkle Collection and refocus her efforts on steering German Pool’s existing business through the pandemic?
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  • Sinofert Holdings Limited: Urea Distribution Planning - Spreadsheet for Students

    • 商品編號：7B13E027
    • 商品分類：Spreadsheet
    • 頁數：61
    • 出版日期：2014-09-15
    • 再版日期：2013-09-19
    Excel spreadsheet for students.
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  • Sinofert Holdings Limited: Urea Distribution Planning

    Sinofert Holdings Limited, the largest comprehensive fertilizer enterprise in China, is trying to improve the profitability of its urea business. The company has invested a great deal of time and money but still reported losses in 2007 and 2009 and only a small profit in 2008. Sinofert both manufactures urea and purchases it from external suppliers, as well as distributing it to the provinces. Manufacturing costs, transportation costs, market prices, demand forecasts and manufacturing constraints are all known. An optimal distribution plan using linear programming can be compared to the plan derived by Sinofert management. Substantial profitability increases are shown to be possible, although the optimization reveals some issues with contract constraints. If the company is to make its urea business profitable, it needs a fresh look and a change in the way of doing business. The company’s chief analytics officer has been asked to look at the urea business and to provide recommendations to increase profitability.
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