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MCM Footwear Team Project 1

MCM Footwear Team Project 1. M C M. by Monica Woodhouse, Cherretha Washington, Marcus Bowers . Products. We design, manufacture and distribute high quality, high performance structural component materials such as insoles, heel counters, and linings for the global footwear industry.

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MCM Footwear Team Project 1

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  1. MCM Footwear Team Project 1 M C M by Monica Woodhouse, Cherretha Washington, Marcus Bowers

  2. Products • We design, manufacture and distribute high quality, high performance structural component materials such as insoles, heel counters, and linings for the global footwear industry. • MCM incorporates innovate value-adding technology into our products, such as perspiration absorption system, 3D ventilation system and polyurethane anti-crease system to satisfy the demands and taste of target consumers

  3. Components • Heel counter - This stiffens the back of the shoe for stability. • Insole – or sock liner – It cushions and is an arch support that should be removable • Lasting– The mold or form around which the shoe is shaped during manufacture. • Midsole – The cushioning material – (usually ethyl vinyl acetate (EVA) or polyurethane) – often surrounded by air cells or gel cells for shock-absorbing quality is the make-up of the midsole. • Outsole – This part touches the ground and is made of durable carbon rubber or polyurethane. The carbon rubber has better traction. • Toe box – The area for the toes of the foot. • Ankle Collar – The padded area around the top of the shoe for added fit and comfort. • Heel Tab – The area of the ankle collar that is usually notched and located above the heel.

  4. Components Cont…

  5. Manufacturing • Labor-intensive process; Skilled labor necessary • MCM footwear provides a wide range of materials and components • We are leaders in eco-friendly technology through conservation, adapting manufacturing processes and recyclability of products • Our global network of sales offices and warehouses throughout Europe, and the Americas means that we always have local supplies of material available close to all major shoe manufacturing areas

  6. Triple Bottom Line • MCM footwear ensures the company reflects a triple bottom line of financial, environmental, and social equity • MCM footwear actively promotes the protection of the environment through innovation and conscientious process management as an integral part of its global recycling and sustainability business strategy • The company has made a continued commitment to producing products designed to meet the needs of present and future consumers while focusing efforts on issues pertaining to the environment.

  7. Distribution of Shoe Production

  8. International Operations and Trade • All of our products manufactured overseas and imported into the United States, are subject to customs duties collected by customs authorities • Customs information submitted by us is routinely subject to review by customs authorities • We believe that we have the ability to develop, over a period of time, adequate alternative sources of supply for the products obtained from our present suppliers • outside of the United States

  9. The Foreign Exchange Trading Process U.S. Company B Financial Institution A Money Center Bank U.S. Company A Financial Institution B Options/Futures Exchange Broker Broker Euros Dollars

  10. True Cost of AthleticShoes

  11. Dollar/Euro

  12. Currency Exchange Rate Chart of Euro/Dollar Currency Pair

  13. MCM The End

  14. Works Cited Berry, T. (2011). Bplans. Retrieved October 18, 2011, from International Business Planning: http://articles.bplans.com/writing-a-business-plan/international-business-planning/55 Cavanagh, P. R. (1980). The Running Shoe Book. Mountain View, CA: Anderson World. Crème de Languedoc. (n.d.). Retrieved October 21, 2011, from Currency Exchange and Current Exchange Rates in France: http://www.creme-de-languedoc.com/languedoc-property/exchange-rates.php Cross, S. Y. (2002). All About The Foreign Exchange Market in the United States. New York: Books for Business. Daniels, R. a. (2011). International Business 13e Environments and Operations. Upper Saddle: Prentice Hall. Seeking Alpha. (2011). Retrieved October 17, 2011, from Nike Inc.: http://seekingalpha.com/symbol/nke/description Stern, D. (2010, April 21). Everyday CFO. Retrieved October 17, 2011, from Exchange Rate Risk: Basic Mitigation Strategies: http://davidsterncfo.wordpress.com/learning/exchange-rate-risk-basic-mitigation-strategies/ Yahoo! Finance. (2011). Retrieved October 19, 2011, from Currencies Center: finance.yahoo.com/currency

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