Aramex Aramex has grown rapidly to become a global brand, recognized for its dedicated services and innovative products. Aramex is listed on the UAE-based Dubai Financial Market, with a central location at the crossroads between East and West, making us offer customized logistics solutions anywhere in the world to effectively reach out to more companies and consumers regionally and globally ( Aramex n.d.). We are dealing with our overseas clients. This is the fundamental foundation for the sustainable development of our business and our commitment to facilitating wider world trade in a constantly changing world ( Aramex n.d.). ARAMEX began its operations in Jordan in 1982 as a fast-moving international carrier and quickly became …show more content…
These statements will have a short-term positive impact on this entity, which adds to its value ( Anonymous 2016). • Customers typically rebel against increases in prices to move for matching products, but, if a company possess power of prices, customers will continue to use the products and services of Aramex. Aramex has a capacity to charge higher prices for customers (wbot 2016). • A strong supply chain helps Aramex get the right resources from suppliers and deliver the right product to customers in a timely manner (wbot …show more content…
• The availability of replacement products adversely affects Aramex's price-increasing capability as customers can easily switch to another product or service (Wbot 2016). Competitive advantage: Aramex has outperformed from their competitors due to: 1. Innovative: • Innovations are deeply rooted in the corporate culture of Aramex, and this has long been the driving force behind growth. Aramex Services. Initially, this was due to listening to customers and developing new products and services which meet the needs of the market (Kehl n.d.). • At Aramex, creativity is celebrated and rewarded. Small and big ideas come from all levels of the company to achieve the highest level of customer satisfaction (Kehl n.d.). • Aramex constantly invests in the development and use of advanced technology to increase operating costs efficiency, service quality and empowerment of their people (Kehl n.d.). 2. Responsiveness to customers: Aramex guarantees that all customers have the right: • Information and protection against fraudulent, deceptive or misleading information and access to accurate information ( Hachem
The diversification lowered the overall risk of the firm and created an information network among the divisions, which was critical for the company to gain competitive advantage. The loyal customer base was another strength. The $60 billion assets that under the company’s management provided the company a positive brand image and made it easier for the company to attract new customers. Weakness:
In order to ensure its continued success as a leading global security and aerospace company, Lockheed Martin has a number of business objectives that align with the organization’s core competencies. For example, understanding the importance of product
• Innovation and new technologies can also add more value to the company. Threats • Government regulations on medical procedures and products can hinder Stryker’s opportunity for growth. • Competition can produce similar products. • Trends in the market such as the baby boomers can decrease as that demographic decreases as the elderly passes away.
It is widely recognized by the customers for introducing a variety of innovative and high-quality products to the market while the competitors could not do the same. “During this period of time, the company grew at a very fast rate and expanded its market to Europe, Asia, and Latin America” (dynacorp case study). However, Dynacorp’s glory did not last long. The company started to face many problems while its competitors began to close the technology gap and gained back the
Strengths, Weaknesses, Opportunities, and Threat (SWOT) Analysis VA’s strengths and weaknesses are built based on the Value Chain assessment and SWOT analysis from the Department of Veteran Affairs FY 2011-2015 and FY 2014-2020 Strategic Plans. The Environmental Scanning was conducted and discussed relative to VA’s competition…, as well as its strengths and weaknesses. In doing so, this analysis starts with the identified the strengths and weaknesses in the following graphs. VA strengths: Service Delivery
We will provide on-going development towards our product and customer services in order to become the best in terms of customer value, employee talent and predictable growth so that it may achieve competitive advantage in this
Premier Inn is a famous British hotel brand with over 700 facilities worldwide. Being founded by Whitbread in the year 1987, the company is the result of a merge between Premier Lodge and Travel Inn. Premier Inn hotels operate under the strategic partnership between the leading international companies and Britain’s leading hospitality firm Whitbread PLC. This allows enhancing the popularity of the Premier Inn brand all over the world.
A supplier with strong bargaining power has the advantage of charging their price higher or selling low quality of the product to them. The bargaining power of suppliers will be low as there are many suppliers in the market offers similar products and this allows courts to switch to other suppliers that offer lower cost. Intensity of rivalry within industry High Threat Competitors in the industries There are quite a number of businesses involve home furnishing and electrical appliance.
1 What is Outrigger Hotels and Resorts’ strategic position? What are the firm’s Critical Success Factors (CSF)? Outrigger Hotels and Resorts are currently using geographical and product diversification strategy. The firm expend their firm around Pacific Ocean and diversify its product portfolio by adding condominiums resorts and OHANA hotels.
Their prices on petroleum allow them to be a substantial substitute in the industry because of the low switching costs. Consumers are also able to go to other quick service restaurants that either stand alone or operate in another convenient store. Bargaining Power of Suppliers The bargaining power of suppliers is high because the industry is heavily controlled and the products that are needed are imperative to the company’s operations.
The adoption of new technologies and trends is being facilitated in the industry for the competition and the customer’s overall experience. Many suppliers that are having similar strategies face a strong competition. The barriers for exiting the markets are high. Products and services of are undifferentiated leading the customer to focus on the prices offered. Low market growth, so it can be increased only by taking another firm’s market share.
Valuable Rare Costly to imitate Exploited by organization Competitive implication Yes Yes Yes Yes Sustainable Competitive Advantage Value Chain- Primary Activities Support Activities Inbound Logistics: • Locally purchase raw materials in bulk (Low
L.L. Bean. Inc Item Forecasting and Inventory Management Executive Summary L.L.Bean, Inc. has been a trusted source for quality apparel, reliable outdoor equipment and expert advice for over 100 years. Founded in 1912 by Leon Leonwood Bean, the company began as one-man operation. With L. L.'s firm belief in keeping customers satisfied as a guiding principle, the company eventually grew to a global organization with annual sales of $1.56 billion. The company headquarters are in Freeport, Maine, just down the road from the original store.
This is the comparison of the benefits offered by a company's product to its customers relative to the price it asks customers to pay. To do this, companies can influence the value proposition in one of two ways mainly. This can be done through long term brand building. They can also offer a relatively low cost to enhance value. Ultimately, the key is that customers perceive that the product's merits exceedingly justify its price.
3- Threats of substitute products 4- Bargaining power of customers 5- Bargaining power of suppliers Practical implementation of the Model: