In order for Huffman Trucking to identify its trammel resources, one must(prenominal) first understand the nature of the billet itself. In a nutshell; Huffman posts ground transportation services in the main to the US government. With that being said, is now easy to identify those resources that Huffman must suck up in order to operate. At a glance, we have identified the following; servicemans Capital, Oil, and Truck Parts. While Human Capital and Oil might seem more of the essence(p) than replacement separate; should Huffmans access to such parts be particular or eliminated, the wear and tear of their assets pass on eventually catch up to them and grasp them from operating. Thus, these three resources be fundamental for Huffmans success and all three atomic number 18 vulnerable to a disaster whether natural or manmade.
The limitations given up to these three resources are complex. Human Capital for instance is limited to the number of employees that Huffman can keep in their payroll; opus payroll is directly associated to cash flow and accounts receivable. If theres no cash coming in, in other words, if the US government changes vendors overnight or decides to transport its goods via air, there lead be no money and/or the need to keep so many truckers employed.
By the same token, employees are human and humans are complex; Huffman must maintain an corking level of trust with the workforce so that the possibility of a strike diminishes.
Oil is a natural non-renewable resource and that represents a danger on it own. Naturally, Huffmans complete fleet is diesel motor based; which forces them to adjust their freight fees to their gas expense. By the same token, Huffman also relies on a given list of vendors and manufacturers to provide its fleet with the required maintenance. That represents a tremendous financial risk as the longevity of Huffmans vital assets is fully reliant on the healthiness of third parties.
Identify Time Restrictions
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