Tag Archives: market environment

A Case Study of Bottleneck Management in Discrete Batch Production

A Case Study about Bottleneck Management in Discrete Batch Production

Abstract: Today, production planning and scheduling becomes very important part of production management because companies have to react to dynamic market conditions and rising customers´ requirements for shorter delivery times, lower prices and better quality and services. They can use a lot of sophisticated methods and approaches to make their planning processes more efficient and thus meet growing customers´ requirements. However, using these new approaches is not so easy in all types of production systems.




Introduction: One of the key activities of production management is manufacturing planning and scheduling that can greatly influence production performance. Mainly today, when changing market environment causes a rise in complexity as well as intensity of production planning, efficient planning system is often a key weapon for remaining competitive. Already Tomas Bata, who founded the world-famous shoe company on the beginning of 20th century, regarded production planning as one of the most important parts of business management. He was gradually followed by next famous managers who started to deal with production planning problems more frequently as they perceived its importance.

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Case Study of Nufarm Ltd

Introduction: Located in the backblocks of an old industrial estate on the border of Otahuhu and Mangere in South Auckland, crop protection company Nufarm embarked on a lean development programme in mid 2009. At the time of writing they can best be described as being in the establishment phase of lean—they have completed their training and are now looking to embed the systems and processes to support the roll-out of lean. The company was founded in 1918 as the New Zealand Farmers Fertiliser Company (later known as FERNZ) and has been at its present site in Otahuhu since 1922…



Case Study of Nufarm Ltd


Motivation: A key motivation for the Country Manager (CM) for Nufarm, Patrick Clement, to head down the ‘lean path’ was to stimulate a revival for the company locally in a tough market environment. The company had been ‘ticking along’ but not performing particularly well and the CM was keen to lift productivity. Other staff had noticed a fall in sales and also realised that something needed to change—improvements were needed. They also felt obliged to ‘put our money where our mouth is’ and pay attention to improving their own productivity performance given their promotion of and farm innovation and productivity…
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Case Study for Fordia

Challenge: Monitoring and preparing for shifts in the market plays a key role in Fordia’s operational success. The economic downturn of 2009 marked a significant decline in mining industry activity—exploration slowed to a crawl, negatively affecting demand for Fordia services and impacting the company’s operations. Fordia acknowledged the need for improved tracking of the mining pipeline, both to prepare for the inevitable upturn, and to recognize signals in advance of any future downturn…



Case Study for Fordia

Solution: Fordia formed a new Marketing Intelligence Committee to signal shifts in the market. The team, comprised of upper management and representatives from sales and marketing, actively monitors Fordia’s market environment. Insights and intelligence about the company’s clients and competitors are collected from a number of sources, including Metals Economics Group’s (MEG) Industry Monitor and Corporate Exploration Strategies study…



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Case Study on Generic strategies in Emerging Market Start-ups

Summary:
This qualitative case-study examines a start-up company in the emerging solid state lighting industry to explore how management has worked with strategy and what challenges the company faces in an emerging market environment. Porter(1980) suggested the use of his generic strategies to help position the company better against what he refers to as the five competitive forces. It is examined in the study if the generic strategy approach suggested by Porter(1980)can be applied, and what potential conclusions can be made regarding the use of the generic strategies in an emerging market.

It was found that implicitly existed a differentiation focus strategy suggested by Porter (1980) and although the use of this strategy does not provide a complete answer as to why the company has survived and prospered in the industry, it does provide an important explanation.

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Strategic Sourcing

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A Comparative Study of Strategies Adopted by Wal-Mart and Carrefour in China


This research aims to provide an overview of links between a firm’s strategies and the firm possessed resources and capabilities. Two cases — Wal-Mart and Carrefour in China are chosen. By using resources-based theory, their development strategies in China are compared and analyzed. This research adopted documentary research method, particularly firms’ historical documentary review and analysis, for this qualitative research to study each case.

In China’s retail market, the competition is intensive and market conditions are evolving. To capture greater market share in this market, Wal-Mart and Carrefour adapted their strategies to cater local customers as well as economic and political conditions. Although Wal-Mart and Carrefour in the same market environment, there are still differences between the strategies adopted by each giant retailer…click here to read ahead

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international expansion case study

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Siemens Sharenet Case Study Analysis

Massive changes in the business environment drive the need for knowledge networking.
Siemens’ Information and Communication Networks Division is a global provider of telecommunication solutions, active in more than 100 countries. The company’s traditional business used to be quite simple and straightforward: it dominated its home market by means of a close relationship with a regulated national telecom monopoly. Siemens used this position to sell integrated products to other national telecoms around the world.
Since mid-1990s, however, the market environment has undergone a massive transformation and the Siemens ICN business model has been superseded by wholesale market change. Deregulation within the sector led to new types of players in the telecom market, who often cherry-picked the most interesting segments of the value chain. New competitors arrived at the scene while the pace of innovation was upped by the introduction of new technology such as IP networks. New kind of customers were less interested in “buying boxes” from Siemens, but were far more focused on complete solutions fitting their specific needs, including consulting, financing, systems integration and other services. This shift from a pure product business to a stronger service focus and solutions approach increased the complexity and knowledge intensity of Siemens’ business.
The company was forced to rely more than ever on the front lines of the organization, who are more knowledgeable about the latest developments. Sales people had to act more and more like consultants. Skills like business analysis, business development, network planning, outsourcing and so on were suddenly in high demand, albeit dispersed globally. Solution selling had become an important value-adding activity.
Doing this right meant identifying best practices quickly, sharing them on a global scale and making sure that they were reused for profit in similar settings.
The idea of ShareNet as “global knowledge sharing network” was born.

ICN/ICM ShareNet – leveraging local innovations globally
ICN/ICM ShareNet is a community of around 18.000 sales, marketing, business development and research and developments people of Siemens ICN and ICM, active in more than 80 countries on all continents. ShareNet networks these experts globally and lets them share and develop their knowledge in order to create better customer solutions.
The goal is to detect local innovations and leverage them on a global scale. ShareNet covers both explicit and tacit knowledge of the sales value creation process including project know-how, technical and functional solution components, and the business environment (for example customer, competitor, market, technology and partner knowledge). ShareNet has a strong focus on experience-based knowledge; you will rarely find official “brochureware” but rather personal statements, comments, field experience of sales projects or the real-life tested pro and cons of a solution. In addition to structures questionnaires on the above mentioned topics, ShareNet provides less structured spaces such as chat rooms, community news, discussion groups on special issues and so called “urgent requests” (UR). Urgent Requests is basically a forum for asking any kind of urgent questions that don’t have defined organizational owner. As ShareNet works independent of time zones and organizational boundaries, members usually get answers within a few hours.

Contributing knowledge – a task for all members
The fundamental paradigm of the ShareNet network is that any reader/user is also a publisher. There is no central or single “source of wisdom”. The idea of ShareNet is to gather the collective knowledge of the worldwide community with as little bureaucracy and “barriers to entry” as possible. Most members are active ales and marketing people, not specialist journalists.
There are various way in which members can contribute their knowledge. In many countries, filing in the web-based project questionnaires has become a mandatory step and a milestone in all important projects. Any contribution is clearly personalized, allowing readers to validate the resource. Related knowledge of any kind can be dynamically linked to, for instance, a sales project description, thus giving a comprehensive picture of the business. This includes other knowledge on ShareNet and any other web-based system with or outside Siemens. Furthermore, every contribution is “commentable” by the whole community, in a similar approach to the book reviews in online bookstores.
Collaborating virtually via a website complements traditional ways of co-operation, like telephone conferences and personal meetings, and can be used to provide even richer exchange of knowledge and to build trust and a sense of teamwork among members of (sub-)communities.

Universal access to sales, marketing and service knowledge
The use of knowledge available via ShareNet occurs in all phases of the sales process. Members browse the website for specific solutions, they search for all projects where a certain competitor was involved, they look for innovative financing or pricing schemes and so on. Members often use success stories in meetings with their customers to increase credibility and the likelihood of winning the project. The possibilities here are endless.
Whenever a member reuses knowledge of a third party, he or she also gives so-called “re-used feedback” on the website, indicating how, for example, they used the solution, together with comments and suggestions, their own specific experiences and a subjective rating of the value of the contribution, which is a basis of the incentive system.

ShareNet – The virtual organization
Although ShareNet is integrated in the daily work, that doesn’t mean that no additional support is required. New roles where created to foster the development and operations: Every local company has at least one “ShareNet Manager”, a multiplicator responsible for supporting the members in his organization and ensuring that ShareNet becomes and remains an integral part of their work, by training new users, fostering intra-organizational re-use, promoting the “philosophy” of ShareNet with all stakeholders in his country, and promoting success stories to attract more “power users”.
A global editor is the main contact partner for the ShareNet Managers, coaching them for success, triggering the content quality review process and serving as a community manager with regular news and updates.

Incentive systems – why should people share their knowledge?
Sharing your knowledge with colleagues that in most cases you don’t know is somewhat counter-intuitive. It means giving up individual power for the benefit of the whole organization, and hence does not come easy. The Siemens experience shows that a combination of individual and organizational measures drive knowledge contributions:
For more info Siemens Sharenet Case Study Analysis
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Advertising Regulation And Standards: The Indian Scenario

Advertising does not function in a vacuum but in a market environment where several forces like consumer needs, business interests and government regulations are at work. It is a powerful force in terms of its persuasiveness and functions a critical social role. Moreover the high visibility and pervasiveness, it generates criticism and controversy. Much of this controversy springs from the fact that advertising is used more as a persuasive communication tool thereby creating serious impact on the tastes, values and lifestyles of society.
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advertising case study

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