4. Analysis of strategic capacities of Nikon Corporation
This section analyzes the strategic capability Nikon. It starts with a value chain analysis, followed by a VRIN evaluation to determine whether there is any capacity can be sustained competitive advantage.
4.1 Value chain analysis
Porter developed the value chain to help determine the internal activities for a competitive advantage, and which are not. The method includes breaking the company into five "major" and four "support" activities, and then looked at each one to see if they give a cost advantage and quality advantages.
Primary Activities
Inbound logistics
Nikon has been working with a number of suppliers around the world. They establish a flexible system with other suppliers
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On product packaging, they have marked on environmental policies, including the volume and weight loss related to containers and packaging, manual, and to reduce the thickness of continuous improvement. Furthermore, they are renewable resources effectively utilized.
Distribution
With the help of UPS Supply Chain Solution from 2005, Nikon developed the synchronized supply chain strategy. This strategy significantly Nikon shorten the supply chain and improve distribution market and customers. Meanwhile, with the help of professional distributors, Nikon can focus more on developing new products and improve product quality.
Delivery to retailer
UPS coordinated multi-model shipment from South Korea, Japan, Indonesia and Nikon manufacturing center, and uses its own warehouses repackaged camera and ship the final packages the cameras and the final package retailers across the United States, Latin America and the Caribbean.
Marketing and
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They also offer training programs to improve their skills and prepare mentally and physically for their responsibilities in the company.
Technological Development
With the company’s vision of “Meeting needs. Exceeding expectations.” This means that the response data and Nikon in its core technology center for the collection, research and development. To innovative technologies and intuitive software combines customers can be assured that their Nikon equipment is second to none.
Procurement
Nikon 's management strategy is about the "Nikon Basic Procurement Policy" in the title and traders classified. The equal opportunities policy is moving toward commercial suppliers. In addition, Nikon participate in the "Global Compact" advanced the United Nations. Spirit and the implementation of corporate social responsibility activities they respect the ten principles of the Global Compact, sincerity material procurement. Therefore, the organization 's profits earned through the effective use of the value chain are depicted.
4.2 VRIN Framework
The VRIN framework verifies, on what basis organizational skills, be a source of sustainable competitive advantage and superior economic
I conducted business requirement meetings to identify what they were trying to accomplish with the system. Once business requirements were identified, I contacted several vendors to discuss their product and identify which system aligned closely to the
Unfortunately to build the value chain we would need a more thorough investigation on the TJ’s processes and arrangements. In my opinion to make the proper investigation of the resources gaps and missed capabilities it is required to be very familiar with the company’s organizational aspects and business process. But due to the fact the company does not publish any investor reports and is has never gone public (Stock Exchange or Private equity funding). In my opinion the Porter’s tool such as Value chain analysis in this case has disadvantages comparing to Grant’s simple approach to resource management and strategic planning.
SUPPLY CHIAN NETWORK OF TARGET VALUE CHIAN ANALYSIS OF TARGET Value chain analysis is a set of inter - linked value creating activities performed by the organisation that begin with inputs, go through processing and continue up to outputs manufactured to customers. It is the set of activities that creates additional value for the customer. Value chain plays a central role in improving cost efficiency, quality and customer responsiveness. Each activity in the value chain adds to the value of product in each process from its creation to delivery.
Resources and Capabilities VRIO Framework V R I O Competitive Implication Strong corporate culture + + + + Sustainable competitive advantage Strong investment in R&D + + + + Temporary competitive advantage Outstanding customer service + + + + Sustainable competitive advantage
1. Introduction 1.1 Overview of the company “UPS” United Parcel Service of North America, mainly known and brand-named as UPS was founded in 1907. In 1907, there was a big necessity in United States of America for personal messenger, delivery and transportation services. To accomplish this need a 19-year-old James E. Casey established the American Messenger Company in Seattle. In 1919 the company adopted its present name, United Parcel Service.
Johnson & Johnson currently has a 10.4% market share of the Pharmaceutical Manufacturing industry. They have the second largest share of this industry, just behind Amgen at 10.9%. By looking at the revenue and operating income for Johnson & Johnson, we can see their margins and evaluate their performance. Johnson & Johnson’s operating profit margin improved from 2015 to 2016 but decreased significantly from 2016 to 2017. The operating profit margin for the company as a whole in 2016 was 28.72% and in 2017 it was 24.07% (Appendix A).
Question 2: To do a resource-based analysis of any organization, it needs to go through different steps, first identify the three categories of the resources , the tangible ,intangible, and the human resources , second identify the capacity of the organization to put its resources for a desired end and in good use, third to decide on suitable strategy for the organization we need to do SWOT analysis to determine the organization strength and weakness compared to the competitors, third what are the key successful factors of the organization that can be determine by identifying the customers of the organization and their needs, and what the organization will do to survive the competition ( Hall&Keynes,2015) also audit analysis to Ford resources , and value chain analysis to Ford activities . In the next section, there will a brief explanation about the steps mentioned above , followed by an application to each step to, Ford motor which was incorporated in Delawae in 1919, it is a global automotive industry leader in Dearborn and Michigan, distributed vehicles across six continents the core business of Ford , designing and manufacturing cars, marketing , financing and servicing a full line of Fords cars, trucks, SUVs, and electrified cars, and Lincoln luxury car (Ford annual report,2015). Resource-based view (RBV) is an essential theory for strategic managers , considering the organization resources the assets , capabilities organization
Operations Management Group ASSIGNMENT Various Operations of DOMINO’S Submitted To Submitted By Prof. SUNITA GURU Sristhi Roopchandani (151451) Date: 15/12/2015 Suyash Rathi (151452) Sweety Rani (151453) Tahirkhan (151454) Uttkarsh Yadav (151456) Table of contents Serial No.
Its clients are individual users, specialised businesses, and institutions such as government, science, defence, spatial and educational organisations. To meet and respond to its customers needs, IBM creates, develops and manufactures many of the world 's most advanced technologies, ranging from computer systems and software to networking systems, storage devices and microelectronics. 3) Internal and External Analysis A) Porter’s Value Chain Analysis: This model describes the activities that take place in a business and relates them to an analysis of the competitive strength of the business. Value Chain Analysis is one way of identifying which activities are best undertaken by a business and which are best provided by others ("outsourced").
The value chain analysis indicates the firms that strive to create superior products or services through focused differentiation strategy. To ensure the activities are tailor to the strategy Value Chain is used. How each activity generates value and linked to the strategy in UFS? Table 4: Value Chain Analysis Primary Activities
The value chain equates to the internal activities that a company employs in transforming its inputs to outputs; this helps with the improvement of activities, helping the company to achieve competitive advantage. In the analysis of H&M’s organizational capabilities the value chain analysis would show that with viewing the internal activities; this analysis would show where the company’s competitive advantages as well as disadvantages lies. This analysis would then depict the company’s core competencies. When a company is said to be competing through its cost advantage; it would most likely try to carry out its internal activities at a much lower cost than its competition would want to.
Process Drive to achieve functional excellence and integration across all major processes. - Core supply chain processes driving the business. - Best in class approaches to our core processes (manufacturing, integrated demand planning, procurement, cycle-time, compression, dynamic deployment) - Bulk linkages with suppliers and customers. C. Organization Providing the critical success factors of cohesion, harmony and integration across organization entities - Level of cross functional integration is required to manage core processes effectively - Leverage cross-company skills and abilities - Performance measurement and reporting structure help to achieve objectives D. Technology Empowers the Supply Chain to operate on a new level of performance and is creating clear competitive advantages for those companies able to harness it.
Table of Contents 1.0) Executive Summary 3 1.1) Objectives 3 1.2) Mission 3 1.3) Keys to success 3 2.0) Product and Services 4 2.1) Sourcing 5 2.2) Technology 5 3.0) Market Analysis Summary 5 3.1) Market Segmentation 6 3.2) Target Market Segment Strategy 7 3.2.1) Market Trends 7 3.2.2) Market Needs 8 3.2.4) Market growth 8 4.0)
Willdy’s Waffles aims to be at the fourth quadrant where our products will meet its highest quality standards at a cheap and affordable price. Among the competitors of our company which also offers products at a low price and meets high quality standards are the following: Coffee Brewers, Shut Up Shop, Kute Co., We Wear Bears, and Everfruit Cupcakes. Among the competitors of our company which offers their products at a high price with corresponding high quality are the following: Mix n’ Match and Slice n’ Slurp. Market Analysis Marketing
Flipkart is an Indian e-commerce company headquartered in Bangalore, Karnataka. It was started in the year 2007. In its formative days Flipkart mainly dealt with books but now, it has expanded to electronic goods and a variety of other products. Primary categories of products sold at Flipkart are: • Books • Mobiles & Accessories • Computers • Home and Kitchen • Personal and Health Care • Gaming • Watches and Fragrances • Music and Movies • Stationery Some other facts about Flipkart are • It has 2,000,000 registered users • 8,000,000 customer visits every month.