...Riordan Manufacturing Supply Chain Evaluation ISCOM/476 Riordan Supply Chain Evaluation The management team at Riordan has completed a high-level strategic business initiative to improve its supply chain as a competitive advantage to ensure customer satisfaction. After extensive market and financial analysis a decision to create a new line of plastic perfume bottles has been proposed. The following executive summary outlines the business model implementation plan needed to introduce the new product line. Customer Value Supply Chain Management is about the delivery of a product to a customer in a timely manner regardless of its location of the globe. Providing the right component, the correct quantity ordered, and at the right price is what customers value the most. To enhance customer value and satisfaction a customer relationship integration team should exist and bring together each facility, its services, and its employees into the CRM process. Integrating the available information of an organization allows employees to have immediate access that may be crucial to a customer’s delivery. Customers value the open visibility of their supplier to track any material that has been shipped. Strategic Goals, Core Competencies, and Competitive Advantage Riordan’s strategic goals and objectives are to leverage its successful supply chain to integrate easily the production and distribution of the new bottle line. Riordan has the relevant experience and the...
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...Introduction In examining, the case study on Crocs; it displays an overview of the company’s objectives in operations to include the supply chain. This examination reveals the success behind how the company thrives in times when others are unable. Part of Crocs leading objectives and primary function is to reinvent the supply chain to provide less shortages and increase awareness and customer satisfaction. This paper will outline a brief overview of company history, Crocs two primary core competencies and in which manner do they exploit them; continued evaluation will cover vertical integration, acquisition, or product extension growth. Further discussion consists of company production and inventory as well, as how margins affect their decisions. History and a Foundation for Core Competencies Lyndon Hanson, Scott Seamans, and George Boedecker created Crocs, INC. in 2002 out of Boulder Colorado. The idea came from a trip taken by the three, where one of them had purchase a pair made from a company out of Canada. The decision to start a business selling the shoes was realized after they leased a warehouse in Florida; when sales took off, they contacted Ronald Synder a college friend who which was employed for Flextronics (electronics manufacture) in an executive position. The addition of Snyder was positive as he helped invent their supply chain strategy (Schroeder, Goldstein & Rungtusanatham, 2011). In historical industry practice, it was commonplace to build orders for...
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...world (H&M and water. n.d.). Although H&M asserts that it is an ethical firm, there are still controversies exposed by the news. A Greenpeace campaigner, Frauzel, (2011) wrote a report to expose that H&M’s suppliers discharge toxic water into China’s rivers, and that H&M’s clothing contains hazardous substances and chemicals, even the children’s clothes. The following paragraphs will analyze the unethical issue and give the solutions and evaluations. The case The situation and key fact H&M has become a second largest fashion retailer, but it is criticized by the campaigners many times, such as in 2011, Frauzel (2011) reported that the clothes from H&M contained an amount of hazardous substances, such as nonylphenol, ethoxylates (NPEs) and the toxic nonylphenol (NP). Because these clothes contain chemicals, the water which is used for washing clothes would also contain chemical substances at the same time . And then the suppliers discharged the polluted water into China’s rivers, which can devastate the biological chain and food chain, and also can affect the people’s lives. Meanwhile, She mentioned that after the issue had been exposed, H&M committed to its customers that it would make a toxic-free production line to decrease pollution. However, the way is not washing clothes. Besides, Frauzel (2011) also mentioned that compared with other two controversial companies, Nike and Adidas...
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...11.1 Logistics In both vertical and horizontal marketing systems, systematised information contributes to the efficient flow of goods and services from the point-of-origin to the point-of-consumption. This process of regulation begins with customer service and extends to the procurement, handling, and processing of resources aimed at delivering customer satisfaction. All ways in which resources are procured, handled, and processed fall within a set of activities known as logistics. Logistics is a process of systematising information to facilitate the efficient and cost-effective flows of goods and services to produce customer satisfaction. Each member in the supply chain must be involved in logistics activities. Logistics flows may begin with the supplier/manufacturer relationship, but efficient logistics activities are needed throughout the marketing channel. Relationship marketing epitomises the interac-tive process necessary to achieve customer satisfaction by maintaining a participative exchange of information with all of a firm’s channel partners. In addition, develop-ments in electronic retailing are now aimed at making this whole process more effective and efficient. The Council of Logistics Management defines logistics management as: ‘The process of planning, implementing and controlling the efficient, cost-effective flow and storage of raw materials, in-process inventory, finished goods, and related information from point-of-origin to point-of-consumption for...
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...Michael S. Dell has returned to the company as CEO and has devised a plan to bring back Dell as a market leader in this industry and to improve its stock price. Company’s Current Strategy Vision: To be the world’s leading supplier of computer systems Mission: To enable millions of businesses and consumers to get online for the first time Objectives: Improving Dell’s stock price Corporate/Business Strategy: • Outsource full system manufacturing facilities in China for retail business. • Split product design departments into commercial and consumer teams. • Listening & reaching customers, expanding and customizing their product and service portfolio • Low cost structure - drive costs out of the company’s supply chain and expand into foreign markets • Grow company in consumer, enterprise and emerging markets 1. EXTERNAL ANALYSIS 1.1. General External Environment Demographic: Global commercial and consumer markets; Wide range of income distribution among customers from individual consumers to governments and large corporations. Socio-cultural: Customers value aesthetic designs. Technological: Business liked process of having computers pre-configured to their specifications. Previously customized components have now become the standard in the consumer market. Global: Commercial and consumer markets world-wide, increasing as countries continue to industrialize....
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...Vision and approach Transformational solutions Environment Operating responsibly Responsible supply chain – Our approach We work with our suppliers to help them meet our ethical, health and safety, social and environmental standards and improve their performance through monitoring, assessments and engagement. We spend billions of pounds each year on equipment and services that enable us to operate our network and on products such as mobile phones, SIM cards and other devices that we sell to our customers. We demand high ethical, health and safety, social and environmental standards of all our suppliers. These are set out in our Code of Ethical Purchasing (http://vodafone.com/ content/dam/group/suppliers/downloads/VPC_Supplier Policy_A2_Code_of_ Ethical_Purchasing_(V3.0).pdf) and integrated from the initial qualification process all the way through to managing our suppliers’ performance. We conduct regular site assessments to ensure compliance with the Code and we work directly with our suppliers to help improve their sustainability performance. To target improvements further down the supply chain, we require our suppliers to demand similar standards of their own suppliers and check this through audits and performance management processes. We participate in industry initiatives to raise standards across the sector. Read on to find out more about our approach to this issue. Or go to the Performance section to read about our progress in 2014/15...
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...includes evaluation of the internal and the external environment with the help of The PESTEL framework, Porter’s five forces, Value chain, Capability analyses and The SWOT analyses. INTRODUCTION The executive report provides an overview of the strategic position of McBride Plc which is a fast moving consumer goods company which operates in United Kindgom, China, Vietnam, Malaysia, Hong Kong and other European and Asian countries. It supplies to over 95% of Europe's top 20 retailers including Aldi, Auchan, Carrefour, Casino, Edeka, Leclerc, Metro, Rewe, J Sainsbury's, Tesco and Asda/ Wal *Mart The company deals in major household products and personal care products which are supplied to almost all major retail chains across Europe. The PESTEL framework discussed in this report helps the analysis of the macro environmental whereas the micro environment is evaluated with the help of Michael Porter’s five forces. Value chain and capability analysis also help to study the internal environment. SWOT analysis evaluates the overall position of the company. Conclusion evaluates the company’s working in terms of its strategy being feasible, sustainable and acceptable. MACRO ENVIRONMENT PESTEL Analysis: It provides the broad ‘data’ from which to identify key drivers to change. Political The government makes it essential for the companies to become more environmentally and socially responsible by following the various trade n tax policies which affects the supply chain...
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...Value chain is the link between key value adding activities and interface with support activities (Lynch 2003). According to Audretsch (1995), value chain is a useful evaluation tool to make a distinction between advantages and disadvantages during value adding processes. The main purpose of applying the value chain framework is to maximize value creation, while minimizing total costs. Many financial users may prefer acquiring information about the value of Tesco’s costs. In some circumstances, many essential data could be hidden and may not be able be presented in financial statements. As a result, by applying this method it can analyse strategic planning of Tesco from previous years. Porter (1985) said that business activities could be divided into two main parts，supportive activities and primary activities. The former includes firm infrastructure, human resource management, technology development and procurement. The later includes inbound logistics, operations, marketing, sales and service. Primary activities: Operation: The operation within Tesco before 8 April 2013 was in fact only had one way that products sent to local stores and customers buy it in store, however after that day, Tesco has launched its online grocery shopping service for all customers in Bangkok (Tesco2013). “With our wide product range and great service proposition we are confident that Tesco Lotus online shopping will receive an overwhelming response from customers”, said Tesco Lotus CEO John Christie...
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...Low farmer price realization Surplus production Significant wastage - ` 330 billion (US$ 7.3 billion) annually AND TO CAPITALIZE GROWING DOMESTIC FOOD MARKET CURRENTLY ESTIMATED AT US$ 182 BILLION IN 2008, EXPANDING AT A CAGR OF 4.1% 1 21-Dec-10 10 Mega Food Parks established, 60 Agri Export Zone conceived Integrated Cold Chain project being implemented National Institute of Food Technology Entrepreneurship & Management established Source - IBEF Food processing sector is having less than 10% of the total manufacturing industries and dominated by SME & unorganized sector ……. 2 21-Dec-10 India decides to have the Public Policy response to this issue …….. • Dedicated Ministry at the Union Government level formed; • Policy on Food Processing Industries formulated to initiate shift from supply to demand driven; • Value Chain approach considered; • Significant Budgetary allocation; • 100% FDI allowed except alcohol & beverage sector & items reserved for SSI; • Emphasis n food safety, hygiene and regulations; Effective Government schemes are in place ……. Focus INFRASTRUCTURE DEVELOPMENT Schemes Mega Food Park Cold Chain infrastructure Modernization of Abattoirs TECHNOLOGY UPGRADATION & MODERNIZATION QUALITY ASSURANCE, CODEX STANDARDS, R&D Schemes for existing FPI UNITS R&D Setting up/ up-gradation of Quality Control/ Food Testing Laboratories HACCP, ISO 14000, ISO 22000, GHP, GMP Quality, Safety Management HUMAN RESOURCE DEVELOPMENT INSTITUTIONAL STRENGTHENING...
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...market and industry conditions. Dell Computers had been very successful with their virtual integration. However, since Dell and Ford are different types of industries, computer manufacturing and auto industry respectively, it does not seem right for Ford to implement exactly what Dell has which is “virtual integration model”. Realizing an urgent need to change their supply chain in order to make it more cost effective and more profitable, what I am thinking is Ford can partially implement and execute the virtual integration direct business model that has been used by Dell should be applied to Ford’s supplier base, distribution system and dealership. Through this model, Ford will use the emerging information technologies as well as new ideas from new technologies of other industries in order to transact with their dealers, suppliers, affiliates and customer. Ford can also boost its sales by providing better customer service and faster communication between dealers, suppliers, affiliates and customers in value chain. By measuring the performance of this model, Ford should schedule periodical review and evaluation meetings. All improvements along the way should be noted in order to be evaluated. The improvement of customer service and shareholder value should be the main focus of the case. At this time it is hard to know its success or failure, but by effort and investing time it will be of its success in the short term and definitely in the long...
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...Abstract The paper examines the key factors influencing the adoption of e-business technology by SMEs. To this end, the paper draws on a range of literatures on the diffusion of new information and communication technologies (ICTs), many of which have hitherto been treated as separate. The reasons for this are two-fold. First, e-business technologies are the latest in a line of new ICT technologies. When exploited successfully, ICTs have increased firm competitiveness either by raising the efficiency of internal communication and organisation and/or supply chain relationships, or by facilitating the development of new/improved products and services. Second, it is hypothesised that many of the factors affecting the successful adoption of new technologies are generic in nature. With regards to SMEs specifically, consideration of earlier research may assist us in identifying a set of enablers and barriers to e-business adoption. Hence, by explicitly acknowledging the context and prior history of research in the area, we are able to map out the dimensions of future theoretical and empirical research in e-business adoption by SMEs. In addition to drawing together factors identified by existing research, the paper highlights the implications of network externalities for the timing of technology investments and the returns that accrue to early and late adopters. It also draws attention to a number of problems associated with the analytical concept of ‘the SME’ when it...
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...A STRATEGIC ANALYSIS OF A FACILITY SUPPLY DISTRIBUTOR IN BRITISH COLUMBIA by Derek Brooks B.A., Simon Fraser University, 1993 PROJECT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION In the Executive Masters of Business Program of the Faculty of Business Administration ©Derek Brooks, 2014 SIMON FRASER UNIVERSITY Spring 2014 All rights reserved. However in accordance with the Copyright Act of Canada, this work, may be reproduced, without authorization, under the conditions for Fair Dealing. Therefore, limited reproduction of this work for the purposes of private study, research, criticism, review and news reporting is likely to be in accordance with the law, Particularly if cited appropriately. APPROVAL Name: Degree: Title of Project: Derek Brooks Master of Business Administration A Strategic Analysis of a Facility Supply Distributor in British Columbia Supervisory Committee: _____________________________________ Dr. Aidan Vining Senior Supervisor CNABS Professor of Business and Government Relations & Area Coordinator, Strategy. _______________________________________ Dr. Andrew von Nordenflycht Second Reader Associate Professor Date Approved: _______________________________________ i ABSTRACT This paper presents a business level strategic analysis of RST Corporation’s facility supply division, in British Columbia Canada. The facility supply industry is in decline. Firms find it increasingly...
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...IKEA Analysis Report Your Name Argosy University IKEA’s Marketing IKEA has a unique perspective with the approach they use in marketing. The starting point begins with customers’ needs (IKEA, 2013). The focus is on local marketing versus mass marketing and competitors. This differentiates IKEA from other home good suppliers by anticipating what consumers are seeking and many times providing exactly they desire before they realize they need it. The marketing task is simple, “To build the IKEA brand and inspire people to come to the stores” (IKEA, 2013). The marketing mix is a combination of items that work together; it is often referred to as the four p’s in marketing. Price, Promotion, People, and Process are the four p’s that IKEA has embraced. Price is within their controls, they offer quality home goods at low affordable costs. They are able to keep costs low with designing from within, sourcing raw materials for production, and selling in their own stores. Promotion is achieved with iconic bold blue and yellow colors signifying a brand with value. IKEA uses many forms of media in their promotional marketing strategy; the annual catalogue is the most popular. The catalogue highlights many new home goods and accessories with interior suggestions that are attention grabbing and captivating. The catalogue has become a staple of what is new and trending in the homes of many customers. IKEA’s website is another interactive way it reaches a distinct local market, along...
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...an analysis of the profound changes in the productive structure of global capitalism. In the electronics industry, a new model of outsourced manufacturing has emerged as the centrepiece of globalized production networks: Contract Manufacturing (CM) or Electronics Manufacturing Services (EMS). This form of network-based mass production is closely linked to the disintegration of the value chain and the emergence of the “Wintelist” (Borrus and Zysman 1997) model of competition and the rise of “fabless” product design companies in key sectors of the IT industry. In contrast to the general perception of the “informational economy” (Carnoy et al 1993, Castells 1996) as service- or science-based, the rise of the CM-model demonstrates that manufacturing still matters in the "new economy" (Cohen and Zysman 1987). This development also highlights the interaction of new information networks with the restructuring of production, work, and the global division of labor in technologically advanced industries. In this paper, we want to take a closer look at the restructuring of production and commodity chains in the assembly of IT-hardware (such as computers, internet switching and telecommunications...
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...Introduction Today there is great interest in the technology class BIG DATA, connected with the continued growth of data that have to operate large companies. The accumulated information for many organizations is an important asset, but handle it and benefit from it every day becomes more and more expensive. In my essay, I will try to describe the concept of "big data" and explain how it works. What "Big data" means? The concept of big data is rapidly gaining popularity. However, the exact idea of what constitutes a concept is not at all, especially for people outside the IT-sphere. The easiest way to explain this ignorant man on a practical example. Two years ago, a huge network of Target stores began using machine learning in the interaction with customers. As a training sample used data collected by the company for several years. As markers of specific customers to use banking and nominal discount cards. Algorithms analyze how and in what conditions were changing consumer preferences, and make predictions. And, on the basis of these forecasts, the buyer makes all sorts of special offers. In the spring of 2012, a scandal broke out when the father of twelve years old school girl complained that his daughter sent leaflets with suggestions for pregnant women. When the network is already prepared Target recognize the error and apologize to the aggrieved customers, it turned out that the girl really was pregnant, even though she and her father at the time of the complaint did...
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