Case study draper Manufacturing Example | Topics and Well Written Essays - 250 words

Draper Manufacturing - Case Study Example Additionally, the company does not enjoy financial stability and growth, but is facing some serious financial, economic and environmental challenges. On the economic front, the increase in the oil price passing the point of $60 per barrel negatively impacts over the cost of the company as the petroleum is a basic raw material component for mattress. Second, the Gulf hurricanes severely damage the TDI, the chemical consumed to develop polyurethane foam. In addition, the Draper manufacturing also faces some competitive challenges from the competitors. In the recent times, there has been growing tendency to import low priced Asian products, which bring more challenges for the company. Workforce diversity is going to be there, and it cannot be termed as a problem for the growth of the company. In conclusion, the Draper manufacturing faces business challenges rather workforce diversity