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The world of supply chain management (SCM) is evolving rapidly, transforming from traditional, linear systems into dynamic, interconnected networks that prioritize agility, resilience, and sustainability. This book is a comprehensive guide for anyone seeking to navigate and master the complexities of modern SCM, offering insights that connect theory to real-world application. The Importance of Supply Chains Supply chains are no longer just operational mechanisms; they are strategic assets that determine the success of organizations across industries. Whether ensuring efficient delivery of goods, adapting to global disruptions, or minimizing environmental impact, supply chains shape competitive advantage and drive innovation. This book equips readers with the knowledge to address these challenges and capitalize on emerging opportunities. What You’ll Learn Each chapter examines a key aspect of SCM, providing actionable insights and practical tools. You will explore how to: • Redesign supply chains to enhance efficiency, adaptability, and resilience. • Harness technologies like AI, blockchain, and IoT for smarter decision-making. • Respond to demand fluctuations with data-driven strategies. • Build sustainable and ethical supply chains that align with global priorities. • Real-world examples from industry leaders.
2010
This paper argues that organizations need to become outcome-oriented systems focusing on customers' needs and expectations. The first part of the paper deals with the literature on strategic management, systems thinking approach, and customer-focused strategies. The second part includes the summary discussions of selected PNG companies' strategic analysis of their respective markets. The third part deals with the strategic options and their relevance to the global and organisational levels in PNG. The fourth part discusses the recommendations for new strategic options to meet the challenges PNG companies experienced from the current global-stimuli of change.
of large-scale energy infrastructure, designing public policy to improve energy security and access to electricity, and building adaptive capacity and resilience to climate change in least developed Asian countries. He has served in advisory and research capacities at
IAEME Publications, 2021
This case relates to the Indian subsidiary of South Korean automaker Hyundai Motor Company, Hyundai Motor India Limited (HMIL), and how it faces the customer retention problems. It made their products appealing to Indians of the upper middle class who had little alternative but the blandly built versions offered by market leader Maruti Suzuki. With the launch of models like the Fluidic Verna and the Elantra, HMIL slowly began to emerge as a leader in many high-end automobile segments. In the automotive industry, customer retention is a big problem with the purchasing cycle of consumers ranging from at least 3 to 5 years and the cost of brand switching being negligible. Consequently, the challenge for marketers is to provide the customer with continuous satisfaction by providing a quality product, excellent after-sales service and regular customer engagement to make him more engaged with the company.
Business Strategy and the Environment, 2024
Managing automotive supply chain risks contributes to achieving sustainability goals, including ensuring business continuity, maintaining production and delivery schedules, and reducing environmental impact. Therefore, this study aims to investigate the risks confronting the supply chain in the automotive industry through the moderating effect of reactive and proactive resilience strategies. The stakeholder theory perspective was used in this study to examine supply chain risk in the automotive industry. A quantitative method was employed, resulting in 157 valid responses. The results reveal that demand risk had the most significant effect on auto dealer performance, followed by logistics/transportation, production, and supply risk. Notably, proactive resilience strategies were found to significantly impact the relationship between risk and performance. The findings underscore the importance of proactive measures in mitigating the performance impacts of supply chain risk. This study contributes a theoretical framework by identifying four major supply chain risks and seven proactive and 12 reactive strategies. In addition, the study was conducted through the lens of stakeholder theory, emphasizing the importance of suppliers, manufacturers, and dealers cooperating to establish a reliable supply chain.
The european journal of management studies, 2023
Purpose -This study examines the moderating role of information sharing on the effect of lead-time management on the performance of firms in the Zimbabwean motor industry. Design/methodology/approach -Data were collected using Likert-based structured questionnaires from a sample of 105 employees in Zimbabwe. In addition, Pearson Correlation, Linear Regression and Moderation Regression analysis were employed to test the relationship between study variables. Findings -The study found that fixed lead time, preprocessing lead time, processing lead time and postprocessing lead time significantly influence the performance of firms in the motor industry. The results also demonstrate that information sharing moderates the effect of lead-time management on firm performance in the motor industry. Practical implications -Firms in the motor industry should establish long-term relationships with their suppliers and implement effective communication channels for timely and frequent information exchange regarding production schedules, inventory levels, quality standards and potential disruptions. Originality/value -The current study aims to contribute to the scientific discourse on lead-time management, information sharing and performance in the motor industry. Furthermore, it extends knowledge on the performance of the motor industry in the African region.
Invictus, 2024
This chapter delves into the multifaceted domain of international business by analyzing case studies illuminating the successes, challenges, and lessons learned from global operations. It explores the critical factors influencing international expansion, including cultural adaptation, regulatory compliance, strategic innovation, and risk management. By dissecting real-world examples, the chapter highlights how businesses navigate geopolitical risks, market crises, and technological disruptions while capitalizing on growth opportunities. Key themes include the importance of resilience and adaptability in addressing global market challenges, the role of leadership and organizational culture in fostering innovation, and the necessity of balancing global integration with local responsiveness. Success stories of market pioneers and failures due to strategic missteps are juxtaposed to provide a holistic understanding of global business dynamics. This analysis equips readers with actionable insights into crafting sustainable and effective strategies in international markets, fostering a deeper appreciation of the complexities and opportunities in the global business environment. The chapter ultimately serves as a guide for practitioners, scholars, and policymakers aiming to thrive in an interconnected and ever-evolving global economy.
This study primarily aimed to determine the best practices of clothing businesses to use it as a foundation of strategic business advancements. Moreover, the frequency with which the business's best practices are tracked, which best practices are the most targeted of the apparel firms to be retained, and how does best practices can be used as strategic business advancement. The respondents of the study is the owners of clothing businesses in Talavera, Nueva Ecija. Data were collected and analyzed using a quantitative approach and utilizing a descriptive research design. Unveiling best practices of clothing businesses as a foundation for strategic business advancement through statistical analysis: frequency and percentage, and weighted means analyzing the data in terms of identifying the most to the least important performance indicators of the businesses among all of the variables. Based on the survey conducted on clothing businesses in Talavera, Nueva Ecija, several best practices emerge across different areas of business operations. These practices are categorized into three main sections, section one being the Business Profile and Legal Requirements, followed by the tracking of indicators in terms of Product, Place, Promotion, and Price, and Key Performance Indicators (KPIs) covering finance, marketing, production, technical, and distribution aspects. The research study delved into identifying the core best practices of clothing businesses, serving as a strategic guide for their advancement. Through meticulous analysis, several key findings emerged. Firstly, prioritizing product factors, such as maintaining optimal stock levels and maximizing customer satisfaction, was deemed essential for driving sales and fostering loyalty. Additionally, selecting the right store location was crucial for visibility and accessibility, directly impacting footfall and sales. Vigilance towards competitors and demographic shifts was highlighted as essential for maintaining relevance. Understanding the relationship between marketing spend and customer acquisition proved pivotal for optimizing budgets and achieving a higher ROI. Strategic analysis of profit margins across clothing items emerged as crucial for maximizing profitability and revenue. Creating a positive customer experience, investing in employee training, and implementing effective inventory management practices were also identified as critical success factors. In essence, these findings underscored the holistic approach needed for sustainable growth in the clothing business, emphasizing the importance of product management, marketing strategies, customer experience, and operational efficiency.
Interactions, 2000
In the past thirty years, we have moved from the traditional exchange models of "explaining" and "managing" to the phenomena of the electronic revolution in buyer- seller networks, the development of network formations, and the impact of electronic communications such as electronic data interchange (EDI) and the internet on electronic commerce. These network approach models emphasize "understanding" and "developing" relationships
Computer science & IT research journal, 2024
Machine Learning (ML) is revolutionizing supply chain and logistics optimization in the oil and gas sector. This comprehensive analysis explores how ML algorithms are reshaping traditional practices, leading to more efficient operations and cost savings. ML enables predictive analytics, demand forecasting, route optimization, and inventory management, improving overall supply chain performance. Supply chain and logistics in the oil and gas sector are inherently complex, involving numerous interconnected processes and stakeholders. ML algorithms are adept at handling this complexity by analyzing vast amounts of data to identify patterns and optimize operations. By leveraging historical data, ML can predict future demand, enabling companies to adjust their inventory levels and production schedules accordingly. ML algorithms also play a crucial role in route optimization, helping companies minimize transportation costs and reduce
IAEME PUBLICATION, 2021
This case relates to the Indian subsidiary of South Korean automaker Hyundai Motor Company, Hyundai Motor India Limited (HMIL), and how it faces the customer retention problems. It made their products appealing to Indians of the upper middle class who had little alternative but the blandly built versions offered by market leader Maruti Suzuki. With the launch of models like the Fluidic Verna and the Elantra, HMIL slowly began to emerge as a leader in many high-end automobile segments. In the automotive industry, customer retention is a big problem with the purchasing cycle of consumers ranging from at least 3 to 5 years and the cost of brand switching being negligible. Consequently, the challenge for marketers is to provide the customer with continuous satisfaction by providing a quality product, excellent after-sales service and regular customer engagement to make him more engaged with the company.
2019
This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work and accepts no responsibility for any consequences of its use. The information contained in this publication is derived from carefully selected sources that are believed to be reliable and reasonable. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Nothing herein shall constitute or be considered to be a limitation upon, or waiver of, the privileges and immunities of The World Bank, all of which are specifically reserved.
Description Papua New Guinea’s economic growth has outpaced the majority of economies in Southeast Asia and the Pacific since 2007. Its development challenges, however, remain daunting, and it lags behind other countries in the region in terms of per capita income and achievement of the Millennium Development Goals. This raises the question of how the country can make its economic growth high, sustained, inclusive, and broad-based to more effectively improve its population’s welfare. This report identifies the critical constraints to these objectives and discusses policy options to help overcome such constraints. Contents Foreword Preface Highlights Introduction Development Performance Critical Constraints to Growth Critical Constraints to Inclusiveness of Growth Summary, Policy Implications, and the Way Forward Bibliography and References
Global Vistas, 2009
Papua New Guinea (PNG) is endowed with a rich natural resource base, including major gold and copper deposits, large oil and natural gas reserves, vast expanses of agricultural land, and extensive forests and maritime fisheries. Mineral deposits, including oil, copper, and gold, account for 72% of export earnings. These rich natural resources provide the foundation for a markedly dualistic economy in which a dynamic, capital-intensive enclave minerals sector dominates, but 85 percent of the population derive their livelihood from agriculture, mainly lowproductivity labour-intensive farming. Although it has a population of only 6.2 million, its people are strikingly diverse, organized in small, fragmented social groups and speak over 800 distinct languages
2015
This study is premised on the assumption that because of increased globalisation the trend towards strategic alliances is going to increase in the 21 st century. This is evident in the phenomenal growth towards the establishment of alliances the world over despite high failure rates. The study also makes an important assumption that a major cause of alliance failure is managerial in nature and therefore relates to the task performed by alliance managers. Whilst research in the West has attempted to focus on such failings, few researchers have attempted to understand the state of alliances in developing country contexts as well as the reasons for the lack of their successes or otherwise. This study therefore seeks to fill this gap by exploring the managerial issues surrounding alliance management in a developing country, Papua New Guinea. The study undertook an extensive literature review. The alliance case materials were reviewed based on three dominant perspectives that have contributed much to the discussion on alliance management: strategic management, network and relationship marketing. These perspectives were used to evaluate the case materials along four systems variables: organisational environment, organisational context, management culture, and management process. The study justified and utilised the use of phenomenology as its research paradigm along with the case study and soft systems method. These methods were found to be highly relevant for conducting exploratory research into strategic alliances because of the need to generate rich data and for such data to be interpreted within their context. The study found that alliance managers in countries such as PNG faced managerial challenges similar to those of their counterparts in developed countries. However, the similarity ends here. PNG alliance managers faced a myriad of challenges relating to the idiosyncratic business environment, which is highly volatile, plagued by resource deficiencies, and information void. The study demonstrated that governmental and socio-cultural factors predominate in the national and local environments. It found that resource deficiencies made alliances highly susceptible to misalignment in strategic intent and structure. It also found that alliance management skills in PNG were still at the embryonic stage with the exception of a small number of cases. It was also revealed that as part of the management process, PNG alliance managers extensively adopted coping strategies to manage their alliances. Finally, the study resulted in the development of a holistic approach to the study and management of strategic alliances.
IAEME PUBLICATION, 2024
This article examines the transformative impact of Oracle Warehouse Management System (WMS) on the automotive industry, particularly in parts distribution and inventory management. It explores the key challenges the sector faces, including complex inventory management, order fulfillment, and customer satisfaction demands. The article details Oracle WMS's functionalities, such as real-time tracking, intelligent order processing, and advanced analytics, and their role in addressing these challenges. It further analyzes the system's impact on operational efficiency, customer satisfaction, and broader societal benefits, including environmental sustainability, economic efficiency, and consumer empowerment
Uncertain supply chain management, 2024
The main objective of this article is to provide a theoretical and conceptual framework encompassing concepts such as the supply chain, and supply chain performance. Furthermore, it aims to examine empirical research on the relationship between the perspectives of the Balanced Scorecard and supply chain performance. Finally, the article intends to present the findings and engage in discussions. To achieve this, a positivist epistemological approach was adopted, employing a quantitative methodology. A sample of 85 companies from the automotive industry in Morocco was selected for this study. After data collection, the structural equation method was employed using Smart PLS 3 software to test and confirm the hypotheses as well as the research model proposed. In conclusion, the results of this study highlight the positive impact of the four perspectives of the Balanced Scorecard on supply chain performance within automotive industry companies in the northern region of Morocco.
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