Managing Integrated Global Supply Chains - Essay Example

Only on StudentShare

Extract of sample
Managing Integrated Global Supply Chains

Acomb Tyres is by definition of the European Commission (2003) a medium enterprise because its turnover is less than 50 million and it employs less than 250 people. To put our study into context we need to understand issues that affect an SME enterprise when it attempts to internationalise. There have been many studies done on challenges of internationalising SMEs. We shall go over these challenges for Acomb Tyres to clearly understand what the issues are and then go on to show how internationalisation can be achieved at a lower risk.
Szabo (2002) of the United Nations Economic Commission for Europe (UNECE) identifies five critical success factors (csf) for SMEs that internationalise. The first factor is managerial skills. The management style and skills required in managing an international entity are different from a national operating entity. It is those SMEs that acquire and apply the right kind of managerial skills that survive. Structured approach to management is very important and this entails a degree of formalisation of management processes. Szabo (2002) observes that SMEs that succeed"have a well-structured management, which concentrates on core activities."
The third factor is to link up with appropriate partners and/or agents in the market. The presence of a local agent or partner is indispensable in navigating the unfamiliar waters of the new market. ...Show more

Summary

Ever since Acomb Tyres was founded by Dave and Crag Robson it has blazed a brilliant trail of success. That success was built on the solid bedrock of innovation and solid execution. This is a company whose founders understood well both their products and the local market…
Author : javontewilkinso
Managing Integrated Global Supply Chains essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Managing Integrated Global Supply Chains"
with a personal 20% discount.
Grab the best paper

Related Essays

The Behaviour of MNEs and of Global Supply Chains
A ‘value-added chain’ is defined as ‘the process by which technology is combined with material and labor inputs, and then processed inputs are assembled, marketed and distributed. A single firm may consist of only one link in this process, or it may be extensively vertically integrated…’ (Kogut, 1985, p.
12 pages (3000 words) Essay
Energy supply chains and states
x, Closs & Cooper 2007). Basically, the supply chain takes on a model based of agents, where tankers deliver crude oil to storage points at the port, which is then conveyed through pipeline networks to refineries. From the refineries, another pipeline network pumps the refined product to terminal storage points, from where ground transporters deliver it to retailers.
11 pages (2750 words) Essay
Learning and innovation in supply chains
The contemporary trends of rival companies, and knowledge and insight gained from past lessons of success or failure, and the resulting innovation in supply chains keeps companies alive.
16 pages (4000 words) Essay
The concepts of supply chains and distribution channels
Name Professor Institution Completed the part D&E of the whole essay Date 1) Briefly outline the concepts of supply chains and distribution channels with reference to theory.  While supply chain is a new concept, it is relatively older than people can imagine.
6 pages (1500 words) Essay
Module: Global Supply Chains : Topic : Assess the extent to which conceptual approaches to global supply chains help to explain
Hence SCM gives a great focus on management of relationships as a means of arriving at better results for all the members of a supply chain including customers (Neef, 2004). It therefore encompasses three mainstream approaches which include: - the network structure, followed by the business processes approach and finally the management approach.
4 pages (1000 words) Essay
Integration of Giant Supply Chains in Public Sector
Detailed planning and execution is necessary for successful supply chain management. The successful supply chain management lies in the fact of identifying the critical business processes and ensuring the supply chain management to make them continuous. The critical business processes are those, without them the organization can sustain only for a short span of time.
17 pages (4250 words) Essay
Bullwhip Effect in Retail Supply Chains
The supply chain puts together different products from primary supplies for a particular industry or company all the way through to final consumption, which can include the return of part of the product (for example, bottles and containers) for recycling.
12 pages (3000 words) Essay
Managing integrated global supply chain
It is a leading company after all, being consistently awarded Best Practices recognition comes from a rigorous adherence to the highest standards in the industry, and all suppliers must conform to their minimum expectations, if they wish to thrive in business.
9 pages (2250 words) Essay
Purchasing and procurement in supply chains
There after, the report addresses and draw the attention of top of how to reduce and remove the delays in the delivery of the Dreamliner aircraft to the entire airline companies that
12 pages (3000 words) Essay
Learning and innovation in supply chains
It is an evolutionary process that requires continuous adaptability, flexibility and innovation. Supply chains are something that cannot be maintained with monotonous routine and neither can they function on the basis of past performance
18 pages (4500 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT