the Customer 5. No Takt Time taken into account in process maps [pic] Value Stream Maps Information Flow goes from right to left while the process/material flow goes from left to right as seen below. [pic] General information about VSM. ▪ Based on a today’s inventory level ▪ Inventory shifts every day but you should be capturing a snap shot to gain a basic understanding (It may shift a little over time) ▪ Look at your big customers and look at the critical components
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Porter generic strategies Michael Porter described three types of strategy to achieve/maintain competitive advantage in his 1980 work Competitive strategy: techniques for analysing industries and competitors. (CS:TAIC) These generic strategies are based on two dimensions: market scope + core competency with two competencies being the most important: product differentiation/product cost. [pic] Porter (1980) stressed that failure to adopt single strategy of differentiation or low cost results in
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Strategic Analysis of the 2004 LEGO Group Crisis Abstract LEGO Group is a worldwide‚ well-known toy manufacturing company. In 2004‚ the company was faced with a major financial crisis and a major decision to make. Do they try to save the business or not? Through strategic analysis of the company’s external and internal environments‚ many contributing factors became evident. External Analysis The external environment facing LEGO “consists of many external conditions and forces that have the potential
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Strategic Group Analysis of Toy and Game Manufacturing Companies The toy and gaming manufacturing industry can be broadly categorized into two groups. The first is game manufacturers for electronic devices in which producers design and program video games targeted to older children and young adults. The two strategic groups that exist are video game manufacturers for game console systems and manufacturers for online video games. In today’s market‚ the three major game console systems are Nintendo
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The Strategic Marketing Management Analysis of Lenovo Group Wang‚ Wen Cheng‚ Dept. of Business Management‚ Hwa Hsia Institute of Technology‚ Taiwan Chu‚ Ying Chien‚ Department of Tourism and Leisure‚ National Penghu University‚Taiwan Chen‚ Ying Chang‚ Department of Hotel and Restaurant Management‚ Ching Kuo Institute of Management and Health ABSTRACT In recent years‚ market competition in the market economy is fierce‚ the different economic performances and behaviors based on the enterprises’
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Business Strategy Group Case Study PRADA Group members Yufan Liu Ying Wang Dingyu Wang Executive Summary This report examines the strategic management of the international iconic fashion company- Prada. In this report we conduct an analysis of the external and internal environments and identify strengths‚ weaknesses‚ opportunities and threats of the Prada. The key issues identified in the environment analysis is the Prada’s future market especially
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Strategic Group Map eHarmony is in a competitive market. Figure 1 is a strategic group map‚ which compares dating sites by the means of a number of users and user targets. This criterion helps identify a company’s rivals and displays what a competitors focus should be in order to make rational business decisions. Although Figure 1 demonstrates eHarmony as a leader in the wholesome and marriage market‚ there are other dating sites performing superior to eHarmony. For instance‚ the number one dating
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selling food and Beverage Company. One of the largest multinational investors in the country‚ PepsiCo has established a business which aims to serve the long term dynamic needs of consumers in India. Soft drinks witnesses’ healthy growth in India .The group has built an expansive beverage and foods business. To support its operations‚ PepsiCo has 36 bottling plants in India‚ of which 13 are company owned and 23 are franchisee owned. In addition to this‚ PepsiCo’s Frito Lay foods division has 3 state-of-the-art
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MGT680-1101C-01 Strategic Management Unit 2 Individual Project Mary Cobb Dr. Jack Aschkenazi February 26‚ 2011 Introduction More companies in the world need a plan to keep up with the growing population from inside the United States to going Global. This paper performs a SWOT for the Apple Inc. and will show what the company has for the future and what they have found to make them a brand name. Making the right choice can be affective if used in the right area of expertise. Computers
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1 Virgin Group’s mission and values The Virgin group comprises is composed by over 200 companies with more than 25‚000 employees worldwide. It has revenues of about 7 billion‚ and has become one of the world’s top 50 brands. Although there is no official mission‚ we can infer that by the company statements throughout the years: Be the shopper victor‚ by delivering brand values‚ which are: value for currency‚ superior quality‚ dazzling customer
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