CaseStudy Paper Case Study Example | Topics and Well Written Essays - 1750 words

CaseStudy Paper - Case Study Example Effective supply chain management strategies are essential for providing any organization a competitive edge over its peers. Excellence in the supply chain can be achieved if the organizational leaders attend to the particular details in the market infrastructure that make their organization more efficient and the transactions in the market fluid effective. Taking into account the complexity of supply chains more so those with global and regional scope, one must recognize that the magnitude of complexity in the task is immense (Jacobs and Chase & Chase, 2011). Therefore, it takes highly qualified and experienced managers to identify the correct issues to be prioritized and addressed as well as mark out new strategies and opportunities. In the long term, effective supply chain management is bound to deliver considerable benefits to any firm that recognizes and respects its necessity. To extrapolate on the importance of effective supply chain management this paper will dwell on several case studies in different industries where supply chains have been successfully or otherwise managed. The fashion industry is one where competition is ubiquitous despite the fact that most of the customers have very unique needs. However, given the low entry barriers, the stiffness in competition is understandable since many of the new entrants will offer customers and specialized products for customers forcing the firms already in the market to be constantly on their toes (Masson, MacKerron & Fernie, 2007). In this section, Zara, Adidas HM and Luis Vuitton and other firms are examined in respect to their specific supply chain management strategies. H&M has listed among its objective the intentions to be the price leader in the fashion industry, to this end they have restricted their supply chain such that it primarily targets the street trends which

Integrated Business Communication Term Paper Example | Topics and Well Written Essays - 500 words

Integrated Business Communication - Term Paper Example Emails, text messages, BBMs, documents attached with emails, manuals, guidelines, rules etc., and the list goes on and on. Everyone has less time to process a piece of communication which will result in a lot of communication problems. Communication will become more complex in future. A quick study into recent corporate history reveals that communication has been the major reason for the fall of companies like Enron, Nokia, Thai Airways (Groysberg & Slind, 2012). The reason for complex communication is one person is handling more responsibilities than before. Multitasking might have been a trait not appreciated in the past but these days companies hire people that can handle many tasks. An all-rounder is more successful in the corporate world. This is the age of self-broadcasting. People want to talk more than to listen. Technology has made their job much easier. Every company has its own communication climate that emerges from the information flow on a few key issues (Oliver, 2004). When this flow of information is replaced by technology then it is supposed to alter the communication climate of the whole organization. Technology has already taken up most of the communication channels between humans. But technology is not all bad. It is also an inexpensive way of communication between people and businesses. One apparent solution of bridging the communication gap between cultures, income levels, generations and education is to apply technology as the means to communicate effectively. People live and work in another part of the country or of the world but they can immediately talk with their parents or grandparents with the help of smart phone applications. People setup their profiles on social media and add others that belong to all walks of life. Reaching and communicating with celebrities and CEOs of a company had never been easier. Similarly the best kind of education can be communicated through technology from MIT research