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

Essay example - Competitive Operational Strategy

Only on StudentShare
Pages 18 (4518 words)
In today's fast and technological modern world, the challenge that the Information Man faces is time's nature of putting things in order and in place in the best and most effective way. Life has changed since the invention of the computer which dictated man to deal with things in the most efficient way possible…

Extract of sample

Gaining customer loyalty is a corporate challenge today in this increasingly competitive and crowded marketplace because of the eventual profitability it will provide. The changing business world allowed customers to change as well. Company management had shifted their focus on their clients or customers so as to stay successfully in business with the need to completely reformulate their conventional business aims and purposes from being process-focused to customer-centered. With the advent of technological innovations, logistical decisions about delivery operations, stockholding, warehousing and economies of scale get more complex solutions in today's business environment.
According to Bowers, Martin and Luker (1990), supply chain management is considered as one of the most important strategic aspects of any business enterprise where decisions about coordinating of production of goods and services, store inventory, list of suppliers, and cost-effective and timely distribution are made. Supply chain management functions in order to design and manage the processes, assets and flows of material and information to answer the needs and demands of the customers and clients.
The supply chain is traditionally characterized as a stable system in which compo ...
Download paper
Not exactly what you need?

Related papers

How do companies use global strategy to gain competitive advantage?
It has been observed that conducting business in dissimilar regions of the world needs different strategies to be implemented which are to be followed for the better performance of the business. The competition between companies in the global market is quite severe and impacts the performance of the business. In this regard, it has been noted that it is significant for the companies to have a…
12 pages (3012 words)
Competitive Strategy
Most Waitrose stores are located in the upmarket areas of London, enjoying relatively prime areas compared to its competitors; a 1995 survey by Which? Magazine rated Waitrose as the most expensive supermarket chain based on its prime location. The price differences were influenced by its locations, with most of the chains being located at the Home Counties, Southern England, London and South-East…
17 pages (4267 words)
Operational Management
For example, the researcher as part of the product designing division works range of consumer items like outerwear, Protective Fabrics, bike wear, fibre strings, running wear and filters and more than 50% of the revenue of the company comes from the above mentioned products (Gore, 2013a). Therefore, it can be surmised that the researcher as part of consumer product designing team put significant…
10 pages (2510 words)
Competitive Marketing Strategy
Mitchell and Butler focus mainly on increasing its food line and succeeded at increasing the market share. However the profit resulted from increasing market share and sales amounts are loss in the operation of the company. Diversification strategy is producing good results, but there are several segments where the group is over optimistic and produces over capacity.…
6 pages (1506 words)
Operational Strategy
The most prominent of these companies was Webvan, which reached a stock market value of $7.9 billion at the end of its IPO. Webvan, Home Grocer, PeaPod and several other Internet grocers made huge bets that selling groceries online was a growth market and represented a new way of doing business. Unfortunately, as has been illustrated by the widely publicized collapses of these high profile…
10 pages (2510 words)
Competitive Operational Strategy
The company has regional offices in Malaysia, South Africa and Poland to meet the demands in Asia, Africa and Europe. The company was privatized in the year 1986. The major reasons for the decision to change the product line are the uncertainty in military contracts due to political changes and inefficiency in the government system. The civilian aircraft industry was also facing crisis as many…
12 pages (3012 words)