Mattel is a company that specializes in selling children’s toys. They aim to comprehend the disparities in people’s perception of toys and Chinese civilization. With an over and poorly conceived House of Mattel contends in the Chinese toy market’s possibility and is looking for a new strategy to reintroduce Barbie to consumers. Consequently, the following study aims at assessing the failure of Mattel Toy Company.
In the process of evaluating a decision, Mattel should know how to deal with longer leads. He should focus on the highest purchase price item and consider the total landed cost of outsourcing from offshore suppliers. Mattel should also perform a comprehensive evaluation of offshore suppliers to ensure that they can meet their expectations. The risks of contracting can be weighed against the benefits of lower cost of production by:
- Establishing the context of lower cost of production.
- Identifying the risks of contracting and the benefits of lower-cost of production.
- Evaluating both the risks and benefits.
- Defining the potential contract rusks treatments.
- Creating a plan.
- Reviewing and evaluating the plan.
When the materials entered the manufacturing company, Mattel thoroughly checked them. Furthermore, suppliers were scrutinized for issues such as lead-based paint, and some distributors were fired for infractions. Mattel outsourced with 30 and 50 other distributors for a fraction of manufacturing not done in its production lines (Eckert, 4). Mattel compelled its distributors to follow its cooperative safety regulations. Mattel recognized other companies as its most credible distributors were allowed to participate in routine checks, with Mattel undertaking quarterly spot tests.
These methods were ineffective in preventing the production of defective goods. Materials may have been outsourced to other vendors by vendors who subcontracted with them. Mattel scrutinized the subcontractors by forbidding them from using numerous levels of supplemental providers. Mattel did not know how well these rules were being accompanied at recall time. Mattel employed 200 people to oversee and instruct Chinese independent contractors, but they were predicated in Hong Kong, not a toy production plant (Eckert 6). To ensure products safety, Mattel can monitor standards and regulations pursue testing and certifications, Bolster supply chain, establish a compliance team, keep competitors close, and bucking the trends.
Mattel is primarily in charge of ensuring the safety of imported toys in the United States. The objective of the Consumer Product Safety Commission is to safeguard people from unreasonable risks of injury associated with consumer product lines. Mattel, Inc.’s mission, vision, and values inspire 33% of Mattel, Inc. employees (Eckert 11). The company mission is essential to 25% of employees, who say it is why they stay at Mattel. Half of the employees said Mattel, mission, and vision when asked whom they feel most loyal to at work. Chinese manufacturers and regulatory agencies in the United States and China are responsible for ensuring the safety of imported toys. They are also in charge of ensuring that the toy suppliers are solely focused on toys and no other products.
Mattel thoroughly inspected all materials that entered the manufacturing facility. In addition, suppliers were investigated for issues such as lead-based paint, and some distributors were fired for infractions. Mattel is primarily responsible for the safety of imported toys in the United States. The research has shown that the Consumer Product Safety Commission’s mission is to protect people from unreasonable risks of injury associated with consumer product lines.
Work Cited
Eckert, Robert. “Unsafe for Children: Mattel’s Toy Recalls and Supply Chain Management.” Stanford Graduate School of Business, 2019.