2006‚ 90 – 97. Supply Chain Management in the Petroleum Industry: Challenges and Opportunities RAED HUSSAIN Department of Quantitative Methods & Information Systems‚ Kuwait University‚ Kuwait TIRAVAT ASSAVAPOKEE Department of Industrial Engineering‚ University of Houston‚ Texas‚ U.S.A. BASHEER KHUMAWALA Department of Decision and Information Sciences‚ University of Houston‚ Texas‚ U.S.A. Supply chain management in the petroleum industry contains various challenges‚ specifically in the
Premium Petroleum
Porter Five Forces – Degree of Competition The UK banking industry is made up of three distinct types of competition which include the following (OFT‚ 2010): · Retail banks - Accept deposits and use these funds to make loans as well as offering other financial products to consumers and firms. Lloyds Banking Group‚ Virgin Money‚ Metro Bank‚ · Universal banks which not only offer retail banking services but also offer wholesale and investment banking services. For example: Barclays‚ HSBC
Premium Bank Banking
Six Forces Porter’s forces analysis is a framework for industry analysis and business strategy development that draws upon industrial organization economics to determine the competitive intensity and overall industry profitability. These forces are 1) potential entry of new competitors‚ 2) bargaining power of suppliers‚ 3) bargaining power of buyers‚ 4) substitute products‚ 5) rivalry among competing sellers in an industry‚ and 6) power of stakeholders. A change in any of the forces normally
Premium Strategic management Dell Customer service
7/22/2015 How to use porter ’s five forces model (http://www.smartinsights.com) Sign in (/wp-login.php) Become a member (/membership/) Resources (/digital-marketing-advice/) Blog (/blog/) About (/about/) Contact us (/contact-us/) How to use Porter’s five Forces NOVEMBER 18‚ 2013 MARKETING MODELS (HTTP://WWW.SMARTINSIGHTS.COM/MARKETING-PLANNING/MARKETING-MODELS/) (http://www.smartinsights.com/marketing-planning/marketing-models/porters-five-forces/?share=twitter&nb=1) (http://www.smartinsights
Premium Strategic management Marketing Management
Innovative Integrated Management System (IIMS) for Sustainable Food Industry Assoc. Prof. Dr. Prasert Suttiprasit Director of The Centre for Standards and Quality Development of Production and Services Sukhothai Thammathirat Open University Nonthaburi 11120‚ Thailand Tel. +668-1346-9000 Email. prasert_sp@yahoo.com ABSTRACT It is evident that the long-term survival and growth of global food industry depend on the availability and efficient use of raw materials‚ energy and water and other
Premium Process management Food Food safety
2012 STRATEGIC MANAGEMENT Discuss Porter’s five forces theory of market competition. How does strategic group analysis provide a refinement to the five forces model? Key words here are: -discuss -Porter’s five forces -strategic group analysis -refinement of it(improve it yaani k extra benefits of strategic group analysis compared to five forces) Strategic decisions have always been a vital part of business as ever since their conception but the word strategy is barely mentioned pre 1960s
Premium Strategic management Management
San Carlos College of Commerce P. del Rosario St.‚ Cebu City ------------------------------------------------------------------------------- An Analysis of the Philippine Fast Food Industry using Michael Porter’s Five Forces ------------------------------------------------------------------------------- Submitted to: Ms. Joyce Yang Submitted by; Group 9
Premium Philippines Fast food Fast Food Nation
Topic-The Indian Petroleum Industry International Business & Trade Operations Management Module BM6913 Module Leader-Enda Murphy Paul Taffee Submitted by-Charles Daniel-17387781 Abhishek Pathy-1716093 Sarthak Das-1749108 Introduction to the Petroleum Industry. The petroleum industry includes the processes of refining‚ extraction‚ refining‚ transporting (often by the oil tankers and pipelines)‚ and marketing them. The larges t volume products of the industry are petrol and
Premium Petroleum
PORTERS FIVE FORCES Threat of new entrants: Since nokia was a profitable market. It becomes bait and other companies would like to join. Unless the new entry firms can be blocked‚ the revenue or profit will reduce. However in other to be able to compete with established firms‚ new entrants will need to invest highly in technology and marketing. Hence the threat of new entrants is very low. Power of suppliers: Nokia has a number of suppliers who provide them with equipment’s. Hence nokia could
Premium Mobile phone Smartphone Nokia
downstream sector encompasses the refining‚ storage‚ distribution and marketing of petroleum products: • Refining Process: Crude oil is processed and refined into more useful products; • Storage: The products from the refining process are stored at depots via pipeline‚ land (trucks & rail) and sea (barge/vessel). These storage facilities are also called tank farms or terminals • Distribution and Marketing: Petroleum products are distributed from storage locations to the end-user directly or through
Premium Petroleum