Example: QMI Business Structure
Quality Manufacturing International (QMI) is a multinational company with its headquarters located in New York, NY.
• QMI has eight divisions located in USA, Canada, Mexico, France, UK, Netherlands, China, and Australia.
• QMI produces a wide range of products that cover Electrical and Industrial, Life Sciences, Consumer Products, and Automotive industries.
• These products are produced at all of the eight company divisions around the world.
• QMI uses shared services to manage their customers and suppliers. Customers and suppliers are also located in each of the countries where a QMI division is located.
The example on the following pages shows how QMI sets up the foundations of its business structure. The domain and entity structure have been previously set up by corporate headquarters in preparation for the startup of the new business unit. This process included the setup of the accounting structure and GL calendars to ensure the new unit correctly integrates with corporate financial reporting requirements.
This course will focus on setting up:
• Sites
• Locations
• Inventory Status Codes
