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Nipissing Bank

Problems within Firm

  • Wanting to expand
  • Current machine needs manual labor to make finished product
  • Increase amount of advertisements from 4/6 to 6/8
  • length of advertisements may increase to 10+ pages

Conclusion

Background

Action Plan

  • approximately 25 percent of the packets would exceed the machines capacity of 10 pages
  • Option 2 is in the banks best interest to meet the new capacity
  • Canadian Bank est. in Ottawa, Ontario 1986
  • Over 500,000 personal, commercial, and corporate customers.
  • 25 branch banks
  • 2.9 trillion in assets, 70% of total Canadian assets in financial service sector

References

  • Implement Option 2
  • Replace sorter with upgradable 16 hopper unit
  • Decreases mailing packing time in half
  • Expensive
  • Spread out the cost

Eric Janssen

Analysis of Options

  • Option 1 (upgrading existing machine)
  • Option 2 (New machine)
  • Option 3 (outsourcing)

Ethic & Sustainability Issues

  • Outsourcing to third party jeopardizes clients financial security
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