philosophy behind supply-chain management and the specific practices that Li & Fung has developed to reduce costs and lead times‚ allowing its customers to buy "closer to the market." Li & Fung‚ Hong Kong ’s largest export trading company‚ has been an innovator in global supply-chain management. Li & Fung has also been a pioneer in "dispersed manufacturing." It performs the higher-value-added tasks such as design and quality control in Hong Kong‚ and outsources the lower-value-added tasks to the best
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Pacific Rim movie review If I were nine years old‚ I would see the monsters-versus-robots adventure "Pacific Rim" 50 times. Because I’m in my forties and have two kids and two jobs‚ I’ll have to be content with seeing it a couple more times in theaters and re-watching it on video. Like George Lucas’ original 1977 "Star Wars"‚ Guillermo del Toro’s sci-fi actioner uses high technology to pump up disreputable subject matter to Hollywood blockbuster levels. The film’s main selling point is its overscaled
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phones. • Other competitions are entering the same market such as Sony‚ Microsoft‚ HP‚ Google Android‚ and others. Research: See Appendix A‚ B and C for information on Storm and its competitors. Blackberry Marketing Budget: RIM spent $29.8 Million dollars in 2007. In 2008 RIM spent 6% of its revenue ($6‚009‚395‚000) on Research and Development and 14.7% of its revenue on Marketing‚ Selling and Administration. Target Market: The target market for the Storm is young professionals from ages 20 to
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| Products | | Existing | New | Markets | Existing | Market Penetration | Product Development | | | *Development of more apps (22)(23)*Geographically net sale increased 2010 in (America ‚Europe‚Japan ‚Asia specific) –(iPhone) – (Financial Table 3.4 & 3.5) (21)*Net Sales - increased by Product in 2010 – (Financial Table 3.4 & 3.5) (21) | *Apple pricing decoy(27)*Apple & Microsoft joint force(28)*Apple pushed iPhone for business(29) | | New | Market Development | Diversification
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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
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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
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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
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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
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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”.
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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
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