Michael Porter’s Value Chain History of Value Chain • Popularized by Michael Porter’s book best seller “Competitive • • Advantage” 1985 Creator of “5 Forces model” Helped Gereffi in the late 1990s develop Global Value Chain. Michael Porter’s Background • Born May 23‚ 1947 in Ann Arbor‚ Michigan • Received MBA in 1971 Harvard Business School • Competition and company strategy • 6 time winner of the McKinsey Award Value • The Value is the extent to which a good or service is perceived by
Premium Management Strategic management Marketing
Case 4-2 : ECCO A/S – Global Value Chain Management. ECCO is a worldwide company acting on the market of the shoes manufacturing. It has been created for more than 40 years and is one of the leaders of the market. The company key point in his product is the quality with a combine production: manual and machinery‚ a production of their leather made in-house and a unique direct injection technology. With this different assets the firm aimed to become the producer of the world’s most comfortable
Premium Value chain Marketing Design
The HP-COMPAQ Merger “A hi-tech giant or another merger fiasco” 1 Executive Summary. The world’s largest corporate Information Technology merger began in September 2001 when HP announced that they would acquire Compaq in an all stock purchase valued at $25 billion. Over an 8 month period ending in May 2002‚ the merger passed shareholder and regulatory approval with the end result being one company. The new HP has annual sales of approximately $90 billion which is comparable to IBM‚ and an
Premium Hewlett-Packard Inkjet printer Personal computer
What specific role does logistics play in supply chain operations? Logistics is the primary conduit of product and service flow within a supply chain arrangement. It is the work required to move and to position inventory throughout a supply chain. It is a combination of order management‚ inventory‚ transportation‚ warehousing‚ material handling and packaging as integrated throughout a facility network. Logistics is essential for effective supply chain connectivity. 1.4 Compare and contrast anticipatory
Premium Supply chain management Customer relationship management
1) Explain whether competence-based thinking is more suitable for e-business strategy formulation than the activity-based approach outlined in the value chain concept. Competence-based thinking focuses heavily on the resources and capabilities of a firm. It is thought to take a resource-based approach towards creating competitive advantage (Core competence‚ 2010). It considers how the different recourses and capabilities of a firm are used in conjunction with one another. Rather than looking
Premium Marketing Porter generic strategies Customer service
ask knowledgeable sales people about the advantages and disadvantages of competing products. Todd Bradley essentially completed a SWOT analysis of HP and realized that HP was putting resources into market where dell had the competitive advantage. Mr. Bradley also noticed that there was an opportunity for HP in the Retail PC market. Some strategic assets that HP had for competing in the retail channel included previous experience and relationship with retailers and distributors. Mr. Bradley made
Premium Sales Retailing Personal computer
Assignment 1: Week 2 Topic: “The Internet and its Effect on the Music Industry Value Chain” National University MGT/602: Strategic Decision-Making in Global Business Instructor: Prof. July 17‚ 2009 The purpose of this paper is to explain why the growing popularity of downloading music from the Internet gave rise to a new music industry value chain that differs considerably from the traditional value chain. The internet has helped usher in the "New Age of music/media access”.
Premium World Wide Web
Tracing commodity chain will enable us to understand the flow of goods more precisely (Leslie and Reimer‚ 1999). Each part of the process‚ from design through production‚ distribution and consumption‚ represents a discrete link in the chain. A pair of denim jeans can be a simple example of the commodity chain. On the process of finished products‚ the process may start at growing cotton in India. Then‚ those cottons
Premium Das Kapital
HP Case 1) HP’s board had a history of turmoil and turnover. It began in 2002 when Carly Fiorina-CEO since 1999-initiated a merger with Compaq. Most of the board supported the move. However‚ Walter Hewlett-a son of company founder Bill Hewlett and a longtime director-opposed it saying the merger would destroy the egalitarian culture that was a core element of his father’s legacy. In a close vote‚ stockholders ultimately approved the merger and Hewlett subsequently left the board. Thomas Perkins
Premium Management Customer service Health care
MBA 533 Advanced Operations Management Fall‚ 2010 Case: Hewlett-Packard: DeskJet Printer Supply Chain A and B What are the pros and cons of the following proposals mentioned in the A case: a European factory‚ better forecasting‚ more inventory. • European factory Pros: (1) Shorter delivery time‚ which means less pipe line inventory‚ less inventory cost. (2) Faster response to market requirement. Cons: (1) Need to build another
Premium Inventory Costs North America