Supply Chain Management and Concentrated Clusters
Distribution Systems
Author's Notes
Concentrated Clusters and Improvement in Supply Chain Management and firm's overall performance
Clusters are geographic concentrations which comprise of interconnected organizations or associations that manufacture products or deliver a service to a particular industry or field. Clusters are mainly a mix of companies belonging to the same industry or located in the same technological facility sharing resources like infrastructure, suppliers and distribution networks. It mainly consists of three or more companies with downstream extension to channels and customers and lateral extension complementary goods' manufacturers including companies with industries related skills, technologies and inputs (Cognizant 20-20, 2011).
Concentrated clusters have immensely wide benefits to each firm's performance, particularly performance pertaining to supply chain management efficiency. There are certain common characteristics which clusters hold and thus benefit the firms in improving their overall performance and supply chain management are; physical proximity, complementary core competencies, activity base, collective growth potential, competitive position and industrial organization and coordinating mechanisms (Cognizant 20-20, 2011).
Due to the close relationship built between the suppliers and customers, the customers and suppliers are more likely to be familiar with their particular needs, giving customers a more personalized feel about the product/service provided to them. Forming clusters, in terms of logistics, is all about various entities creating a bond...
business clusters and supply chains, first supply chain must be properly defined. A supply chain comprises of all parties either indirectly or directly involved, performing actions that satisfy a customer demand. Supply chains include several parts that work together to supply the customer. The manufacturer and suppliers are in one part of the chain with retailers, transporters, warehouses, and customers being in the other end. The supply chain includes
Inexcusable delay - these postponements outcome from a contractor's own fault or his subcontractors or substantial dealers Table 3-1 the Most Important Delay Factors According to Contractors Type Delay factor Rank Scheduling Preparation and approval of shop drawings 1 Financing Delays in contractors progress payment by owner 2 Changes Design change by owner during construction 2 Material Delay in the special manufacture out side of Saudi Arabia 4 Financing Owners cash problems during construction 5 Contractual relationship Slowness of owner's decision making process 6 Material Slow delivery of construction material 7 Changes Design errors made by designers 7 Scheduling Waiting for
Business cluster refers to the geographical concentration of closely related businesses, suppliers, and firms belonging in a given field. The primary objective of forming these clusters is to boost the productivity with which firms compete at both national and international levels. Clusters are also crucial in the strategic management processes. This article discusses the benefits of such clusters, the management at domestic and international scales, and the negative aspects of
Industrial Organization vs. Resource-Based View of Management Analyzing the Differences Between Resource-Based and Industrial Organization-Based Views of Strategy In identifying the common and differing aspects or themes of the industrial organization (I/O)-based strategy which is also often referred to as the Competitive Forces Approach (CFA) (Porter, Stern, 2001) versus the Resource-Based View (RBV) (Barney, Ketchen Jr., Wright, 2011) this analysis identifies the differences and similarities between the two views. A major factor
Role-based ERP systems are critical for the siloed, highly inefficient architectures of legacy ERP systems to be made more relevant, contribute greater financial performance, and lead to higher levels of overall customer satisfaction. c. Purpose of the study The purpose the study is evaluate how enterprises who adopt role-based ERP system implementations are able to attain higher levels of financial and operations-based performance vs. those that rely on silo-based, more functionally
Toyota has a few strengths on which to build competitive advantage and exploit opportunities in the marketplace. The company has two strong brands in Toyota and Lexus that are internationally recognized, allowing Toyota significant leverage when entering new markets or even negotiating with suppliers. Another strength that Toyota has is a strong global distribution network. Takahashi (2010) notes that even as Japan and the U.S. saw weakness in 2010, the
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now