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This is a flexible method because Dell sells through retail outlets. Dell also kept track of customer’s inventory, allowing them to order PCs directly rather than going through the hassles of purchasing. (Kraemer, Dedrick, and Yamashiro 2000)
The advantage in Dell’s strategy is that it minimizes inventory. Dell’s method is direct selling, and selling through the Internet. At Dell Computer, speed and balance are the secret weapons to creating value. (CNET Networks Inc. 2007)
Hewlett-Packard (HP) does not rely on outsourcing of supplies. Rather than relying on a network of partners, the company builds its PCs in-house. HP computers are of highest quality. Management believes that every part and component should be designed and produced in house. Since the beginning, HP had been making its own screws. HP people focused on developing new technology internally, resisting collaboration with outside partners to leverage existing technology. (Mendelson and Siegler 1999, 134)
Executive management is right on the top, which means this is the top echelon of the company or business. Important decisions and company strategies have to come from this part of the organization because they affect the operation, to include the future and success of the organization.
Supply management is equally important as in other strategic decisions processes in the organization. Supply management sustains the lie of organization. Without an effective supply chain, business cannot thrive or be successful in the long run.
Operation is the process by which goods and services are created. We find productive processes in all kinds of organized activities such as factories, offices, supermarkets, and hospitals. Production and operations management deals with decision making related to productive processes to ensure that the resulting goods or services are
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Its closest rival, Hennes and Mauritz, has a different strategy, quite opposite to the strategies of Zara. Zara is more liquid than H&M. Because of this, Zara’s lead in the sector is quite unmatched. Among its strategic innovations, Zara has used technology in its processes.
Martin Christopher (2005: 11) defines the supply chain as “the network of organizations that are involved, through upstream and downstream linkages, in the different processes and activities that produce value in the form of products and services in the hands of the ultimate customer.” The various independent functions that contribute to the supply chain are marketing, warehousing, transport, purchasing and finance .
Knowing in advance the likely changes in customer preferences accelerates the adaptability of the firms to cling to enhanced speed and quality. An efficient supply chain management ably assisted by latest information technology for information sharing and Just-in-Time and other time compression strategies enable firms increase their operational efficiency manifold.
Logistics is simply the science of getting the required materials, goods or equipment to the right people at the right time and the development of this field owes a lot to the military history of civilisation which extends all the way back
Time compression will also be investigated as it constitutes a significant approach in minimizing or eliminating time-consuming activities and wasted time associated with business process. To this extend, information technology appears to be a
Unlike traditional business, dynamic companies are now implementing different business models for exploring the market. The value chain of a company includes its primary and supporting activities. The functions related to supply chain and logistics is one of the most
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