Got a tricky question? Receive an answer from students like you! Try us!

Music Industry - Essay Example

Only on StudentShare
Author : quitzonmargaret
Pages 8 (2008 words)


Developments such as Information Technology (IT) have had profound impacts on the way companies do business. Of late, companies have had to rethink the way their activities are coordinated from production to the final consumers. These shifts in company's actions have not been initiated by technology alone…

Extract of sample
Music Industry

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 organisational 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 utilisation of a specialised 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 marketplace2. 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 organisations engaged in transportation, warehousing, information processing, and materials handling3.
Supply chain is a competitive management technique employed within the last two decades to ensure the effective flow of re ...
Download paper
Not exactly what you need?

Related Essays

The Music Industry
Before the internet had arrived, the distribution of music was done through a few standards. These included CDs in the 1980s and the 1990s and before that, tapes formed one of the important mediums for the transmission of music to the final listener. All these standards had one feature in common. These mediums were traceable, secure and physical. Music theft and infringement was not common. Proper proceeds were given to the recording company, and henceforth to the artist. However, the sprawl of the internet led to websites, which started offering free music, which was available for download…
7 pages (1757 words)
Music Recording Industry
Music file sharing on the Internet via websites and networks such as the notorious Napster has become an extremely controversial topic in recent years. Since May 1999, when Napster began introducing millions of Internet users to the pleasures of trading music via a peer-to-peer network, music file-sharing has become ubiquitous online. 42% of the respondents in a June 2001 study of online behavior among American Internet users conducted by Jupiter Media Metrix indicated that they had downloaded music from the Internet. Jupiter Media Metrix is a company that helps other companies develop, extend…
5 pages (1255 words)
Recorded Music Industry
In so doing, it will make use of two strategic widely accepted strategic management techniques, namely PESTLE analyses and Porter's Five Forces Model. This report will end with the presentation of the identified industry's identified opportunities and threats.…
8 pages (2008 words)
Business Plan for a new firm in the music industry
The utilization of new business models and strategies are essential in order for a business entity to efficiently compete in the current market environment. The new trend in the music industry posted radical changes in the overall industry value chain. It has streamlined the value chain by effectively lessening or fully eradicating some of the previously important players [2]. The most significant of these is the obvious displacement of traditional marketing channels by more technologically advanced ones. Brick and mortar distribution channels are now being complemented or fully replaced by…
13 pages (3263 words)
Music Industry in US
music market.…
4 pages (1004 words)