Download e-book for kindle: Harvard business review on managing the value chain by Harvard Business School Press

By Harvard Business School Press

ISBN-10: 0585212899

ISBN-13: 9780585212890

This name provides major minds and landmark principles in an simply available structure. From the preeminent thinkers whose paintings has outlined a complete box to the emerging stars who will redefine the way in which we expect approximately enterprise, "The Harvard enterprise evaluation Paperback sequence" offers the basic info modern day execs have to remain aggressive in a fast-moving global. As know-how and globalization have disrupted conventional operations alongside the availability chain, the connection among providers, buyers, and rivals has replaced dramatically. interpreting this factor from numerous strategic views, "Harvard company evaluation on handling the price Chain" outlines key principles and offers suggestions for incorporating shifts within the worth chain into your strategic outlook. it is a "Harvard enterprise evaluate" Paperback.

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We could be fighting ourselves for factory capacity. So I'm in the process of creating a database to track systematically all our supplier relationships. We need something that everyone in the company can use to review the performance history of all our suppliers. One of my colleagues said, "We'd 53 . . " I'm not so worried. Someone might steal our database, but when they call up a supplier, they don't have the long relationship with the supplier that Li & Fung has. It makes a difference to suppliers when they know that you are dedicated to the business, that you've been honoring your commitments for 90 years.

Although many managers now talk about their desire to turn their suppliers into partners, the fact of the matter is that actually doing it—after decades of exploiting suppliers by pitting one against the other—is exceedingly difficult. Indeed, the task is so difficult that some executives wonder whether the Japanese partnership model can or even should be transplanted to the United States, where competitive, contractual, arm's-length relationships between manufacturers and their suppliers have long been the norm.

When our margins were squeezed during the 1980s, we felt we needed to make dramatic changes that could best be done if we went back to being a private company. 56 . . So in 1988, we undertook Hong Kong's first management buyout, sold off assets, and refocused the company on its core trading business. Later we took our export trading business public again. I'm sure some of our thinking about governance structure and focus was influenced by our Western training. But I'm more struck by the changes in the company's decision making.

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Harvard business review on managing the value chain by Harvard Business School Press

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