Tuesday, February 25, 2020
Supply chain management at Wal-Mart Essay Example | Topics and Well Written Essays - 500 words
Supply chain management at Wal-Mart - Essay Example The paper "Supply chain management at Wal-Mart" discovers supply chain management at Wal-Mart. Wal-Martââ¬â¢s core strategy was to provide quality merchandise at everyday low prices which necessitated substantial cost management practices which would make the strategy sustainable. This was attained primarily through having effective innovations for purchase, distribution and retail management strategies. The purchasing strategy operated through Wal-Martââ¬â¢s gradual development of an exclusive group of suppliers which partially if not wholly was devoted entirely to supplying to Wal-Mart. The central strategy in its purchasing behavior was to eradicate the middlemen from the transactions and establish direct relations with the producers. Wal-Martââ¬â¢s largest suppliers began to devote entire offices to handling supplying to Wal-Mart stores in bulk. The scale economies reaped thus allowed a significant lowering of purchase prices. Additionally, through sourcing products glob ally and directly from producers, Wal-Mart was able to become the sole buyer which therefore had huge control over prices. This led to development of private label, low priced alternatives to various branded merchandise which appealed to people and contributed significantly to enhanced sales. Wal-Martââ¬â¢s distribution strategy has also been one of the core areas that have contributed substantially to its competitive advantage. The location of new stores has strategically been chosen so that each distribution centre can cater to a clout of outlets.
Sunday, February 9, 2020
The Internationalization and Brand Development of HuaWei Dissertation
The Internationalization and Brand Development of HuaWei - Dissertation Example Organization which can adapt itself with the changing business needs and scenarios are in a greater position to remain sustainable and competitive in the long term. This particular project dissertation has the title of internationalization as well as brand development of Huawei. It is important to mention that in this particular case, the influence of the factors of internationalization as well as brand development has to be researched in connection to the brand of Huawei. While doing the literature review, it was realized that the concepts of internationalization as well as brand development are very intrinsic in nature. In order to get a better understanding of the influence of the two in regards to the Chinese global brand, it is important to take the views of the people who are deeply associated and integrated with the process of the firm. As a result, a research question was developed to understand the influence of internationalization and brand development of Huawei and how it helped in achieving the dominance of the brand in the global markets. This dissertation based project in the course of progress will take into account, the factor of considering a primary based research and proper analysis of the collected data, so that significant amount of justice can be done to the research question, that has been framed. Introduction The world of the 21st century is moving at a fast pace. The fast pace of advancement of the modern day world is more on the lines of rapid change and tremendous development. It is of high importance to mention that the evolution of the telecommunication technology along with the process of evolution of high speed internet and various kinds of technology enabled gadgets has resulted in the process of playing a tremendous amount of influence in the lives of the masses around the world. It needs to be mentioned that because of the lines of emergence of high speed internet connectivity, the network of communication channels has improved in a drastic manner all over the world. The internet has played a major role in the process of creating the channels of communication in the various regions of the developed as well as the developing economies. It can be rightly said that it is of considerable importance to highlight that this technology powered development has resulted in the process of transformation of the globe, where the entire world can be represented and increasingly seen as a single and well connected global entity. Because of this technology powered transformation of the world around us, there has always been a steady evolution of various kinds of
Subscribe to:
Posts (Atom)