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The Transformation of the Music Industry Supply Chain: A Major Label Perspective - Essay Example

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This essay describes the Music Industry and Major Labels as Sony Music, Warner Brothers or Polygram are using the internet.In the course of the analysis, there is considerable evidence that there has been a paradigm shift of the supply chain of the music industry…
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The Transformation of the Music Industry Supply Chain: A Major Label Perspective
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The Transformation of the Music Industry Supply Chain: A Major Label Perspective

Download file to see previous pages... The theory of investment, changes in consumer preferences, taste and fashion have had a profound impact in shaping company’s strategy. Supply chain management (SCM) has been considered as the most popular operations strategy to help companies sail through these challenges and for improving organizational competitiveness in the twenty-first century. In the 1990s, agile manufacturing (AM) gained momentum and received due attention from both researchers and practitioners as SCM gradually attract interest. Both AM and SCM appear to differ in philosophical emphasis, but each complements the other in objectives for improving organizational competitiveness.Supply Chain Management (SCM) activities are related to problem-solving, information sharing, and cost reduction initiatives. The influences of individual-level antecedents on post-adoption utilization of a specialized IT within an SCM context were examined by Bradley (1999).Bradley, (1999) found out that 92% of the people he questioned in1999, were planning to implement one or more supply chain initiatives. Supply chain plans to integrate key business activities through improved relationships at all levels of the supply chains. In short, SCM has become a necessity for any firm seeking to solidify its position in the marketplace. An effective supply chain includes a variety of firms, ranging from those that process raw materials to those engaged in wholesaling and retailing. It also includes organizations engaged in transportation and materials handling. ...Download file to see next pagesRead More
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