A study of the structure of your targeted industry can reveal how attractive the industry is. You will need to take the following into account: a) Competition among existing market players. Information of this aspect should be the number of market players in this industry, their comparative size, product lines, strategies, costs, and commitment to […]
To forecast industry growth, you can set up several growth models and examine the results under different assumptions. Growth models allow you to develop an idea of when the growth inflexion will appear and what will drive it to appear. You need to gather data on key indicators to chart the growth. These indicators will […]
An understanding of the actual and potential size of the industry is important not only to evaluate investment decisions, but also to determine the market share of each of your competitors. You can make an estimation of the actual size of the industry by referring to several second hand research sources like the China […]
In addition to researching the industry as a whole, you should also research critical market segments. The following areas should be investigated: a) Actual and potential size of the industry. b) Industry growth prospects. c) Structure of the industry. d) Costs of operating in this field. e) Distribution channels. f) Trends and developments within the […]
If you want an accurate picture of the industry you’re competing in, you need to do some general research. Do not confuse this research with researching your target market, or even your fellow competitors. If your industry is heading to a direction you don’t want to follow, you certainly should be aware of it. Make […]
a)A huge purchase market under development b)Purchases go to market on the whole c)Many multinational enterprises setup their purchase centers in China d)Purchase market is better regulated now e)Purchase has become the strategic approach in supply chain management and purchase concept, purchase procedure and purchase system have changed a lot
a)Incompatibility of the information systems of the parties b)Refusal of some parties to share information, possibly because of security concerns c)Devoting insufficient resources to the task d)Concerns that others will not meet their obligations
a)Customer-centered, take the market demand as the original dynamic b)Concentrate on core business, outsource not-core business. c)Close cooperation with other enterprises, share risks and benefits d)Design the procedure of work, material, information and fund, and revise and improve these procedures from time to time e)Use information system to optimize the operation of supply chain f)Shorten […]
Supply Chain Management (“SCM”) is the management of the entire value-added chain, from the supplier to manufacturer right through to the retailer and the final customer. SCM has three primary goals: reduce inventory, increase the transaction speed by exchanging data in real-time, and increase sales by implementing customer requirements more efficiently.
The supply chain represents the flow of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. Many organizations are looking to supply chain optimization as a means of gaining significant competitive advantages. The internal process perspective of the balanced scorecard often contains performance measures […]
