those shared a common platform. It is a fast way to reduce costs and gain profits. 2. Toyota has hedged against disruption of the supply chain by building in a degree of inventory, which is in contrast to the norm of eliminating waste found in Toyota’s Japanese, North American and European facilities. What other risk factors are present with the management of a regionally constructed and globally linked production structure? First, all production does not have to rely on components sourced
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Spence website there are over 21 million people visiting their stores each week. M&S is the number one provider of women’s wear and lingerie in the UK (Marks). In their supply chain - What is it that Zara can do and Marks & Spencer cannot? Why? Zara’s business model is structured around a vertically integrated supply chain, which allows it to match the ever-changing fashion trends. Unlike its competitors in the apparel industry, Zara chooses to have in-house manufacturing operations and owns production
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From Followers to Market Leaders: Asian Electronics Firms in the Global Economy Henry Wai-chung Yeung Department of Geography, National University of Singapore, 1 Arts Link, Singapore 117570 (Tel: 65-6516 6810; Fax: 65-6777 3091; Email: HenryYeung@nus.edu.sg; Homepage: http://courses.nus.edu.sg/course/geoywc/henry.htm) Forthcoming in Asia Pacific Viewpoint, Vol.48(1), pp.1-30, 2007. Acknowledgement An earlier version of this paper was presented as the Asia Pacific Viewpoint Lecture at the International
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Global Value Chain Logistics Case Analysis Patricia West GEN 483 – GLOBAL VALUE CHAIN MANAGEMENT David Fogarty – Faculty June 9, 2008 Global Value Chain Logistics Case Analysis Laura Ashley, founded in 1953 by Bernard and Laura Ashley when they began printing textiles on the kitchen table of their London attic flat, was a specialty retailer, primarily of upscale women’s fashions, fabrics, and home furnishing products. The company was known for products that typified the tradition
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Chapter 2 Supply Chain Performance: Achieving Strategic Fit and Scope True/False 1. A company’s competitive strategy defines the set of customer needs that it seeks to satisfy through its products and services. Answer: True Difficulty: Easy 2. The value chain emphasizes the close relationship between all the functional strategies within a company. Answer: True Difficulty: Moderate 3. A company’s product development strategy defines the set of customer needs that it
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did a very good job. B2B e-commerce, in fact, promises many strategic benefits for participating firms, both the buyers and the sellers: 1. Cost saving for running administration, for searching products and services for buyers, for inventory management due to increased competition among the suppliers (which increases price transparency) and reducing inventory to a bare minimum, and for transaction due to the elimination of paperwork and the partial automation of the procurement process. 2. Increased
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Armstrong, Saunders, Wong 1996, p. 551). Quality is not just a feature, but also a core philosophy and all members of the firm, even top management have to be dedicated to quality. Quality refers not only to products but also refers to the manufacturing, which is done without defaults. Quality also means the fact that the firm is involved in improving customer value and maintains the satisfaction of customers and participates in constant R&D (research and development). In the case of Colgate, it is
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such a substantial growth for the company some of which are analyzed in the subsequent discussion. Some of them are capability to release in-season fashion in 50% less time than competitors. The central distribution model and efficiency in supply chain has contributed to this immense success. Once the stores are opened outside Spain this is the biggest hurdle which it has to cross. 1. What makes Zara different from other specialty apparel retailers? There are many levers which differentiate
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distributors and retail dealers eliminating the markup of resellers and thus passing on the discounts to end user making computer priced low and affordable c. Partnering closely with suppliers. To squeeze and bring down the cost of the entire supply chain d. Expanding into add-on products and services. To capture the a bigger share of the customer’s IT budget e. Providing good customer service and technical support. f. R&D focus on meeting the needs of the customers.
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PA: 1 compulsory PB: 3/5 (each A&B) Chp1: Three Issues at the Core of Operations Management * Efficiency * Cost * Quality OM involves managing transformations Key activities that operation (purchasing, resource) Support and general management process Chp3, 5, 7, 11&12, 13, (15&16), 17 Chp3 Page 4 Types of Performance Measure Important categories of organizational performance measures: 1. Financial 2. Customer and Market 3. Quality 4. Time
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