Preview

Ecco's global value chain management

Powerful Essays
Open Document
Open Document
1722 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ecco's global value chain management
ECCO A/S-GLOBAL VALUE CHAIN MANAGEMENT ANALYSIS
1. Describe the competitive environment of ECCO and determine how well ECCO is positioned (vis-à-vis the competitors) to take advantage of changes in the industry. http://wulibraries.typepad.com/files/footwear.pdf 2. Analyze ECCO’s global value chain. How well does this configuration match the drivers in the industry?
Analyze ECCO’s global value chain.
High demand for quality and reduced lead times led the company to a self-sufficiency approach on streamlining its entire value chain from raw hides to finished shoes unlike its major competitors who only designed and marketed their products without in house manufacturing.
In having a global network of tanneries, production facilities, research centers and distribution centers, ECCO is able to meet customer demands in specific geographic locations in terms of response times which lead to customer satisfaction.
Additionally the firm accrues from benefits of lower labor and production costs and different expertise levels in different locations which can be in turn transferred down to the customers. http://www.pwc.com/en_GX/gx/operations-consulting-services/pdf/pwc-supply-chain-and-risk-management.pdf According to Porter’s value chain framework, ECCO utilized various strategies to achieve a balance of responsiveness and efficiency in their efforts to improve its global value chain. http://www.strategicmanagementinsight.com/tools/value-chain-analysis.html Specifically, the firm utilized:
1) Firm infrastructure In having a factory based in Slovakia, uncertainty and risk of political instability in Thailand could be mitigated by helping to drive up volume between plants and ensuring quicker delivery speeds to markets in Russia & Poland. 2) Human Resources Management
ECCO ensured knowledge remained in the company through promoting workers from within and improving worker skills through trainings. 3) Technological Development
R&D activities were relocated to

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Based on the details available to you in the strategic plan, marketing overview, market surveys, and other material, how does the organization compete in the marketplace? What are the strengths and weaknesses of the firm as indicated by the marketing surveys completed by their customers?…

    • 508 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Qantas Business Report

    • 1721 Words
    • 7 Pages

    • A more competitive, efficient and profitable business with less competition in the domestic markets.…

    • 1721 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Given a case situation or competitive setting, prepare an industry, company, and competitive analysis for the firm.…

    • 453 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    11. As compared to larger competitors, smaller firms benefit from lower unit costs which they achieve with lower sales volumes.…

    • 31492 Words
    • 126 Pages
    Good Essays
  • Satisfactory Essays

    Marketing Plan Template

    • 269 Words
    • 2 Pages

    The Competitor Environments 3 1. Describe your main competitors 3 D. The Company Environments 3 1. Describe your products 3 IV. The Target Market or Segment, Target & Position (STP) 3 1. Product 3 2.…

    • 269 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Vision Consulting has conducted a thorough evaluation of Carnival Corporation. Our ultimate goal in conducting this evaluation is to provide recommendations to Carnival Corporation in order to aid the company in obtaining a competitive advantage in the market, as well as providing strategies to aid the firm in outperforming its competitors.…

    • 3906 Words
    • 22 Pages
    Powerful Essays
  • Good Essays

    Costco

    • 975 Words
    • 3 Pages

    The first area of Costco’s value-chain analysis will be the primary activities of inbound logistics and marketing and sales. Costco is extremely proficient and efficient in their procurement system, integrating a mix of human and technical skills and capabilities. One such instance is the development of a competent technique of delivering inbound cargo to their designated warehouses within the span of less than a day to ensure there is no time and cost wastage of leaving the items in the delivery trucks (Costco…

    • 975 Words
    • 3 Pages
    Good Essays
  • Good Essays

    As a result, the executive team creates and deploys strategies to negotiate fair, but advantageous purchasing agreements to lower costs and expand profit margins, develop systems and processes to leverage the organization’s scale to increase the volume and velocity of sales, and increase organizational efficiency by enhancing inventory management (Caldbeck, 2015). Moreover, Costco’s Executive team also diligently monitors company performance versus target and the competition to ensure the organization meets or exceeds the expectations of Wall Street Analysts, shareholders, and investors (Berman, 2014). In conclusion, Costco is poised now and for the foreseeable future to continue to skillfully convert strategy established by their executive team into actions executed by warehouse managers that produce industry leading…

    • 292 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    |Table of contents | | | |Executive summary | |2 | |I. Summary of the current position of Bunnings | |3 | | Financial Position | |3 | | Bunnings’ strategy | |3 | | Competitor focus | |4 | | Future potential | |5 | |II. External Environment | |5 | | Current life-cycle position of the Australian hardware | |5 | |industry | | | | Remote environment | |6 | | Industry analysis: Five forces framework | |7 | | Industry value chain analysis | |9 | |III.…

    • 5907 Words
    • 24 Pages
    Powerful Essays
  • Satisfactory Essays

    Group Diversity

    • 391 Words
    • 2 Pages

    Higher staff retention; reduced recruitment cost; more satisfied customers; access to a world-wide customer base; better supply chain management…

    • 391 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    case CROCS

    • 2160 Words
    • 10 Pages

    The case discusses the phenomenal supply chain management of the company that has been a major reason for the success of the company, besides of course the popularity of the shoes. The achievement of an extremely flexible supply chain was the vision of Ronal Snyder, CEO, to meet customer’s demand based on the exact same principle followed by software giants. This supply chain provided Crocs with a competitive advantage in the footwear industry.…

    • 2160 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Cheaper Labor Lower labor training costs Cut Operating Costs Access to Better Technology Increase Productivity…

    • 439 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Crocs's Core Competencies

    • 345 Words
    • 2 Pages

    One of Croc’s core competencies was their revolutionized supply chain. They created a model unheard of in the foot wear industry. The footwear industry was based on two seasons, spring and fall. Traditionally, bulk orders were placed by retailer’s months in advance for the upcoming season with little to no option to make changes during the selling season. Croc’s production and supply model eliminated the limitations placed on retailers for ordering product. They developed a model focused on customer needs. Croc’s has the ability to manufacture and deliver its products to retailers rapidly and produce in excessive quantities to avoid customer dissatisfaction. When a customer needed more products they would get it. Under this model retailers would not have to take a big risk and order product based on forecasting causing a possible shortage or overage in supply. Croc’s model was to fill orders in season, manufacture and produce these orders and distribute in order to maintain an excellent relationship with customers.…

    • 345 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Porter Value Chain framework was developed my Michael Porter in 1985 as “basic tool for diagnosing competitive advantage and finding ways to create and sustain it.”( Froud, J.Johal, S. Leaver, A. and Williams, K.2006, p. 101). The concept of Value Chain describes a company as a combination of two types of activities. The first type is primary activities such as inbounds logistics, operations, outbound logistics, marketing and sales, and service. The second type is support activities which are firm infrastructure, human resource management, technological development and procurement. All the nine activities described by Porter are interconnected and add value to the final product. His framework analyses a company assuming that it exists in the boundaries of a single country. According to Porter a firm should analyze its position in the market and its strengths and weakness inside the Five Forces Model, and then use the value chain framework to find opportunities for developing…

    • 2104 Words
    • 9 Pages
    Better Essays
  • Satisfactory Essays

    Nintendo Case Analysis

    • 474 Words
    • 2 Pages

    Q5. Based on the strengths, capabilities, and resources of each competitor, what strategic options are most likely to support a promising competitive strategy?…

    • 474 Words
    • 2 Pages
    Satisfactory Essays

Related Topics