Identify Four Internal Stakeholders

For a textile factory switching fabric suppliers, four key internal stakeholders are:

• Production Department
• Design Department
• Finance Department
• Sales/Marketing Department

• a) Production Department:

  • Influence: They will provide feedback on the workability, quality, and processing requirements of the new local fabric. They might need to adjust machinery or processes.
  • Effect: They will be directly affected by any changes in fabric handling, potential quality variations, and the need to adapt production methods, which could impact efficiency.

• b) Design Department:

  • Influence: They will assess if the local fabric meets aesthetic, functional, and quality specifications for current and future product designs. Their approval is crucial for design integrity.
  • Effect: They will be affected by the characteristics and availability of the new fabric, potentially requiring design adjustments or opening new creative opportunities based on the local material's properties.

• c) Finance Department:

  • Influence: They will scrutinize the increased cost of the local fabric and its impact on the overall budget, product margins, and profitability. Their approval is essential for the financial viability of the switch.
  • Effect: They will be directly affected by the higher procurement costs, which will necessitate budget reallocations or adjustments to pricing strategies to maintain financial targets.

• d) Sales/Marketing Department:

  • Influence: They can advocate for the switch by highlighting the potential marketing benefits of supporting local SMEs and promoting the "locally sourced" aspect to customers, potentially justifying a higher selling price.
  • Effect: They will be affected by the change in product cost (potentially leading to higher retail prices) but can also leverage the ethical sourcing story to enhance brand image and attract socially conscious consumers.