Sourcing By Helen Clegg and Susan Montgomery Sourcing information products is a complex exercise involving many variables. In today’s uncertain business climate‚ information budgets are sensitive to scrutiny and constantly under threat. In many cases‚ information professionals are faced with trying to get more value from suppliers with a flat or reduced budget or contending with a “now we have it‚ now we don’t” scenario. What’s more‚ there is a lot of rival content available from the Internet
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Vs. Wal-Mart Stores‚ Inc Problem: Don Edwards‚ a recent MBA graduate has been asked to analyze the financial performance of Sears and Wal-Mart. Although Wal-Mart is the industry powerhouse‚ its 20% return on equity (ROE) lags behind that of Sears’ 22%. Analysis: Wal-Mart operates fewer stores than Sears but is ahead in terms of total selling area by a ratio of 3.4:1. Between 1995 and 1997‚ Sears’ retail store revenue per selling square foot was not only lower than that of Wal-Mart
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Global sourcing One of the major supply chain developments of recent years has been the expansion in the proportion of products and (occasionally) services which businesses are willing to source from outside their home country; this is called global sourcing. It is the process of identifying‚ evaluating‚ negotiating and configuring supply across multiple geographies. Traditionally‚ even companies that exported their goods and services all over the world still sourced the majority of their supplies
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FOR BRAZIL‚ Russia‚ India and China‚ the acronym is BRIC. Out of these four counties the last two ‘IC’- India and China - are in limelight in the eyes of worldwide investors. Chinese dailies are full of the news of huge market capitalisation of top five Chinese companies‚ one of which (Petro China) has created a world record by being first company of the world to have market capitalisation of over one trillion dollars. This article compares the two hot countries of Asia. Comparison of economies
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Activists WAL MART’S Published by Wal-Mart Watch • 1130 Connecticut Ave. NW Suite 430 • Washington‚ DC 20036 • http://walmartwatch.com WAL-MART’S INTERNATIONAL EXPANSION “All around the world‚ we save people money‚ so they can live better. That’s good news – in any language.” – Wal-Mart Stores Inc. As of May 2007‚ Wal-Mart’s 7‚343 stores and Sam’s Club locations in 14 markets employ more than two million Associates world wide‚ serving more than 179 million customers a year. Wal-Mart isn’t just
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Religious Development in China and India Religion is one of the biggest driving forces in History. Different cultures have different religions‚ causing differences in morals‚ and points of views‚ creating conflict. Even more important is the development of religion in different regions of the world. The development of religion means a spread of new ideas and traditions within a culture. Two Cultures that display Religious development are the Chinese and Indian cultures. The development of Chinese
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How does ALDI ‘kick’ Wal-Mart out of German market? Wal-Mart grocery supermarket‚ the company by the American retail legend Mr. Sam Walton‚ was established in 1962 in Arkansas. After more than forty year’s development‚ Wal-Mart has become the largest grocery retailer. At present‚ the Wal-Mart in 15 countries worldwide has opened more than 8000 stores‚ owned 53 brands‚ and employed more than 2.1 million staffs. On average‚ more than 200 million customers step in Wal-Mart per week. ALDI‚ named
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Strategic Sourcing Strategic sourcing is an institutional procurement process that continuously improves and re-evaluates the purchasing activities of a company. In a production environment‚ it is often considered one component of supply chain management The following are the steps involved in the Strategic Sourcing : 1. Assessment of a company’s current spend (what is bought where?) 2. Assessment of the supply market (who offers what?) 3. Total cost analyses (how much does it cost to
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Han China differed from Gupta India politically‚ developing a strong bureaucratic system while India allowed local rulers to stay in control‚ but the Guptas focused more on trade and made more intellectual achievements than China‚ especially in mathematics. They established empires that were successful‚ but also distinct in their own ways. Although these two civilizations were notably different politically‚ economically‚ and intellectually‚ both were successful in bringing prosperity to their empires
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In 1000 BCE to 600 BCE‚ China and India developed similar and different characteristics. China’s political structure was more rigid‚ reflected by their belief systems‚ while India’s loose governing relied on Hinduism to bring unity. Both China and India shared similar social developments in the deepening of a patriarchal system which belief systems worsened the conditions of women’s rights. China and India’s had different political structure because China’s rigid government rule was justified by
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