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Lecture 5

AFM 211 Lecture 5: T4C

2 Pages
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Department
Accounting & Financial Management
Course Code
AFM211
Professor
Nancy Vanden Bosch

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Description
Who Am I?  Chris Janseen, CEO of T4C Industry/Market  Move HQ from London to Hamilton by August 2015  Western  GTA and Southwestern Ontario Marketing/Sales  May 2015 o 24k books donated o $69.3k microloans o $37.6k Canadian non-profits o Recycled 37k textbooks  15/14 o 88k textbooks collected  Expansion if 5% profit earned Operations  Textbooks collected and transported to HQ at $0.2/km and $14/hr for drivers  600 books in one shipment, but average is 250  Drivers o Compensated for round trip + 1hr of time for collection  Warehouse workers o $11/hr o Scanned, sorted, shelved & tracked 30 books in one hour  Textbooks o 25% listed on Amazon  Half of l
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