Essays on John Deere

Understanding Financial Statements (John Deere)

What 3 items of important information does the income statement reveal about the financial performance of the company over the last three years? As we could see from financial statement of John Deere Company, the sales are decreasing for past three years (2013-2015 – the latest available data). There was almost $35 billion of Sales in 2013 and only nearly $25.7 billion in 2015. This is the major fact of financial performance. As a result, Net Income failed to $1.9 billion in 2015 from $3,53 billion in 2013 (second fact). And the last fact is that Total Costs are ...

John Deere

John Deere's is arguably one of the global leading manufacturing companies for agricultural machinery. It was founded in 1835, by a blacksmith named John Deere after he invented a new design of the plough (Machinery Journal, 2016). Its performance in the market became defined when it purchased the tractor company known as Waterloo Boy, and it started manufacturing the iconic Deere tractors. The company is deeply rooted in the manufacture of agricultural machinery though it also manufactures building machinery. The firm is dedicated to producing high quality and efficient machinery; thus, it is recognized as one of the world's ...

Last Name: Click here to enter text.

Question 1: What are the similarities between “reengineering” the shop floor (manufacturing) and reengineering business processes like order fulfillment? Question 2: Why has there been resistance towards BPR? What tried John Deere to overcome it? What downsides are connected to these attempts to overcome the resistance?

Answers:

Answer 1: There were various similarities betwee the reengineering process of the shop floor and business processes like fulfillment of order. This was exemplified by application of procedures which resembled each other in these two processes. Before implementing the reengineering process, those involved conducted a pilot survey which helped in ...

[Type the document title]

Question 1: What are the similarities between “reengineering” the shop floor (manufacturing) and reengineering business processes like order fulfillment? Question 2: Why has there been resistance towards BPR? What tried John Deere to overcome it? What downsides are connected to these attempts to overcome the resistance?

Answers:

Answer 1: Most of the concepts involved in shop floor reengineering were applied in the reengineering of business processes like order fulfillment. In these two processes, groups took time to evaluate how the process would be undertaken. The two processes were analogous to each other ...