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7/27/2019 International Business Question
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1: - The mix of economic, completive, legal, and political and environment conditions help to
decide on strategies in manufacturing sector. This mix gives a brief idea about how will be
the outcome after the strategy is implemented in the manufacturing sector. Each of the
elements of the manufacturing mix plays a different role in decision making process..
1.) Capture: - Capturing in manufacturing deals with proper designing of the process andhow the design will affect the flow of production. Capture is the first C of the
manufacturing sector and plays a vital role. The design of the process should be
appropriate and should not have any flaws..
2.) Combine: - Combine is the phase which includes combination of all the componentswhich should be included in the process. This includes the raw material as well as all
the elements which should be included in the production cycle. This also includes the
accounting and the other aspects of production cycle including the financing of the
product.
3.) Control: - Control on the processes should take place. There should be continuousmonitoring to understand which processes should be control and which one should be
developed. Development is done in processes so as to induce change and progress in
the process. When a development is initiated the company is already prepared for the
changes. They done exactly experience the losses but they are in their no profit, no
loss condition. They wait for the company to adjust the development and wait for the
profits to come in their way.
4.) Collaborate: - Team has certain ground rules and guidance to follow. These rules andguidance help the team members to be more effective in there work and will help the
team to understand the project demands and expectations in a better way. It is also
important that team has a proper time management techniques which they follow.
These time management skills should be involved in every team so as to make sure
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that the deliverables are achieved on time. Ensuring fair and even contribution will
help the team to understand the problem in a better way and solution to the problem
will be more effective. This will help in better outcome from the process ensuring
efficiency and effectively in the system. The team is expected to give their best so that
the process handling is much easier and the tasks are equally divided between the
team members who will help to achieve the common objective of the team.
A dedicated team should be hired which includes many expertise of different departments
which will monitor the working of the manufacturing cycle. A team should also be involved
in reviewing the feedback from the customers and improving the process in the similar way.
The team should help the manufacturing cycle improve the supply chain process.
The 4Cs of the global manufacturing strategy helps the supply chain process to be more
effective and successful. This will improve the process and make it more customers driven
instead of focusing only on cost. It is important to consider the 4Cs in this competitive world
because it will help in continuous improvements and generate customer loyalty. These 4Cs
are accepted by many companies globally and have been successful in implementing these
strategies.
Reference: -
http://www.cadalyst.com/manufacturing/acrobat-insider-manufacturing-3-pdf-12627
2. Supply chain management is a process which involves many interconnected businesses
which take care of the product delivery and packaging of the product. The responsibility of
the supply chain is to deliver the product safely o the end customer. Cost driven supply chain
is meant when the supply chain management uses Just in time technology to use to make the
http://www.cadalyst.com/manufacturing/acrobat-insider-manufacturing-3-pdf-12627http://www.cadalyst.com/manufacturing/acrobat-insider-manufacturing-3-pdf-12627http://www.cadalyst.com/manufacturing/acrobat-insider-manufacturing-3-pdf-126277/27/2019 International Business Question
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process more effective. Global supply chain can be customer driven by customizing the
process according to the needs and expectations of the customer. This can be by making the
packaging customized according to the customer. The ten elements of the global supply chain
strategy are as below:-
1. insufficient total expenditure data2. High overhead costs to manage the global sourcing and logistics function3. High inventory4. Lose of sales as companies resist to cope up supply5. order in the long deliver series6. High costs for advance cargo7. High levels of inbound lead-time variability8. Reactive rather than proactive logistics management9. Disconnect between inbound international movements and10.Domestic transportation operations
Supply chain management strategy also focuses on absolute cost saving. Absolute cost saving
is directly related to cost driven procedure of the supply chain management activity. The rate
of growth of supply chain also affects the cost in a tremendous manner.
Customer driven supply chain can be by giving the best quality to the customers while
delivery of products. Talent development activity also plays a vital role. The employees
should be proper trained to ensure that the quality of the service is maintained. Best service
should be provided by reducing the cycle time of the process and not making any delay in the
process. The move from cost driven to customer driven supply chain will help the process to
be more efficient and will help the strategy to be successful.
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Reference: -
http://www.scdigest.com/assets/Reps/SCDigest_Global_Logistics_Excellence.pdf
http://www.scdigest.com/assets/Reps/SCDigest_Global_Logistics_Excellence.pdfhttp://www.scdigest.com/assets/Reps/SCDigest_Global_Logistics_Excellence.pdfhttp://www.scdigest.com/assets/Reps/SCDigest_Global_Logistics_Excellence.pdf