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Time Based Competition. The Key Driver of Global Market Performance

Time Based Competition. The Key Driver of Global Market Performance
Author: Timothy Mwangi Nduru
Publisher: GRIN Verlag
Total Pages: 10
Release: 2019-02-20
Genre: Business & Economics
ISBN: 3668881480
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Research Paper (undergraduate) from the year 2019 in the subject Business economics - Business Management, Corporate Governance, Dedan Kimathi University of Technology, course: MSC supply Chain Management, language: English, abstract: Competition is a key driver of global market performance. For many decades’ businesses have been excelling based on the strategy adopted by the management. Notably, the wrong choice of strategy is likely to derail the firm from achieving its potential. This paper discusses one of the main business strategies that has been warmly embraced in the last decade. Time-based competition has been a key driver of competition in the global market since 1990. It has discussed the main basis of time competition which includes; Product Development and Introduction Time, Material Lead Time, Delivery Time and Throughput Time. Notably, all these time bases for competition affects the global market performance of an organization in different ways. Equally, the several measures needed to effect these measures fully have discussed in details. However, in determining the effectiveness of the time-based competition as a strategy, the management has to asses several measures. Such measures include profitability, growth in market share, customer’s satisfaction, increased productivity and sales. Throughout the paper, it is evident that time-based competition is a crucial driver of global market performance as opposed to quality and cost-based competition which are currently considered as enablers in the business environment. Therefore, time-based competition should be fully embraced by light-minded managers that seek to remain relevant in the competitive global market.

Competing Against Time

Competing Against Time
Author: George Stalk
Publisher: Simon & Schuster
Total Pages: 312
Release: 1990
Genre: Business & Economics
ISBN:
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Argues that the ways leading companies manage time--in production, in new product development, and in sales and distribution--represent the most powerful new sources of competitive advantage ; with detailed examples of companies that have put time-based strategies in place.

The Competitive Advantage of Nations

The Competitive Advantage of Nations
Author: Michael E. Porter
Publisher:
Total Pages: 0
Release: 1990
Genre: Competition, International
ISBN:
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Best Practices in Planning and Performance Management

Best Practices in Planning and Performance Management
Author: David A. J. Axson
Publisher: John Wiley & Sons
Total Pages: 296
Release: 2007
Genre: Business & Economics
ISBN:
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Praise for Best Practices in Planning and Performance Management "Having worked closely with David Axson, I have seen his strategic brilliance firsthand. The integrated approach he takes in practice synthesizes external dynamics, business process, planning, systems, and management for effective execution. Best Practices in Planning and Performance Management, Second Edition brings his keen insight to life, presenting a comprehensive approach to managing business dynamics in comprehensible language. This should be required reading for anyone engaged in the management of a complex business." —Greg Horn CEO, Garden of Life; former CEO, General Nutrition Centers "Once again, David Axson has delivered a provocative read. Best Practices in Planning and Performance Management, Second Edition showcases the 'age of convergence' in business technology as companies begin to renew systems and transform business processes to align execution with strategy, improve decision making, and gain competitive advantage . . . Winning companies follow Axson's prescription of combining leadership, quality process design, and the functionality of proven performance management systems." —Rob Ashe CEO, Cognos "Best Practices in Planning and Performance Management, Second Edition is an insightful guide for any organization seeking to transform its management processes. David Axson provides practical and thought-provoking perspectives on the practices needed to effectively manage performance in today's competitive and volatile markets." —Michael Geltzeiler CFO, Reader's Digest Make better business decisions faster If you are looking to significantly upgrade your management practices to better meet the needs of today's increasingly volatile, complex, competitive, and global markets, look no further. Best Practices in Planning and Performance Management, Second Edition provides an accessible framework to help any business unite its reporting and budgeting functions to achieve its strategic objectives. Updated to reflect changes in the market, the implications of Sarbanes-Oxley, new technologies, emerging best practices, risk management, planning in a turbulent world, and global uncertainty, Best Practices in Planning and Performance Management, Second Edition is a must-read for anyone looking to leverage technology to better meet the needs of today's global environment.

Supply Chain Engineering

Supply Chain Engineering
Author: A. Ravi Ravindran
Publisher: CRC Press
Total Pages: 604
Release: 2023-08-30
Genre: Technology & Engineering
ISBN: 1000924017
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This new edition textbook continues down the path that the first edition, winner of the 2013 IISE/Joint Publishers Book-of-the-Year Award, successfully carved out. The textbook targets engineering students and emphasizes the use of operations research models and solution methods important in the design, control, operation, and management of global supply chains. Completely updated, Supply Chain Engineering: Models and Applications, Second Edition stresses quantitative models and methods, highlights global supplier selection and vendor risk management techniques, and discusses the use of multiple criteria decision-making models in supply chain management. The new edition includes chapters on health and humanitarian supply chains, including disaster management and logistics modeling, and on warehousing and distribution. Disruptions to global supply chains due to the COVID-19 pandemic are discussed throughout the book. Industry and government strategies to make the global supply chains resilient are also presented. Thirty four case studies have been included to illustrate various supply chain models and methods. Exercises are included at the end of each chapter, and a solutions manual and PowerPoint slides are available for qualified textbook adoptions. The new edition continues to target upper-level undergraduate and graduate students in engineering, as well as MBA students in operations management, logistics, and supply chain management programs that emphasize quantitative analysis. It is also useful as a reference for technical professionals and researchers in industrial engineering, supply chain management, procurement, logistics and health administration.

Performance of Parastatals

Performance of Parastatals
Author: Ampong Afoakwah Emmanuel, Rose Kavithe Ngoima, Judy Nyachomba, Marjorie Ongocha Osoro, Evans Mac’osewe
Publisher: Cari Journals USA LLC
Total Pages: 133
Release: 2023-01-06
Genre: Business & Economics
ISBN: 9914746675
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TOPICS IN THE BOOK Going Green to Control Waste in Ghana: A Review of Best Practices Influence of Public Procurement and Asset Disposal Act 2015, on Performance of County Governments in Kenya Determinants of Green Supply Chain Management Practices on Performance of Gas Manufacturing Firms in Kenya Influence of Procurement Best Practices on Performance of NCA Registered Building Projects in Nairobi City County, Kenya Influence of Vendor Base Optimization and Rationalization on Performance of Parastatals in Kenya

Competing in World-class Manufacturing

Competing in World-class Manufacturing
Author: Craig Giffi
Publisher: McGraw-Hill Professional Publishing
Total Pages: 440
Release: 1990
Genre: Business & Economics
ISBN:
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Here's the first book to give you a complete manufacturing strategy. Based on an in-depth study of the strategies and operating practices of dozens of leading manufacturers, this book describes a common framework for world-class manufacturers.

Innovations and Strategies for Logistics and Supply Chain

Innovations and Strategies for Logistics and Supply Chain
Author: Douglas Mutua
Publisher: Cari Journals USA LLC
Total Pages: 149
Release: 2023-06-04
Genre: Business & Economics
ISBN: 9914746357
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TOPICS IN THE BOOK Determinants of Effective Procurement Performance among Donor Funded Projects in the Public Sector in Kenya Influence of Procurement Best Practices on the Performance of Food and Beverage Manufacturing Firms in Kenya Influence of Contract Management Practices on Performance of State Corporations in Kenya Influence of Procurement Practices on Performance of State Corporations in Kenya Influence of Supply Base Rationalization on Performance of Manufacturing Firms in Kenya

Organizational Learning from Performance Feedback: A Behavioral Perspective on Multiple Goals

Organizational Learning from Performance Feedback: A Behavioral Perspective on Multiple Goals
Author: Pino G. Audia
Publisher: Cambridge University Press
Total Pages: 123
Release: 2021-02-18
Genre: Business & Economics
ISBN: 1108577555
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This Element synthesizes the current state of research on organizational learning from performance feedback and develops a new perspective that deals with the influence of multiple goals. In keeping with the centrality of motives in Cyert & March's influential model, this new perspective rests on a foundation of individual level behaviors that are responsive to mechanisms at the organizational and environmental level of analysis. A key aim is to lay out an agenda for a new wave of empirical research on the interconnections of decision-makers, organizations, and the environment that influence organizational responses to performance.

Total Global Strategy

Total Global Strategy
Author: George S. Yip
Publisher:
Total Pages: 292
Release: 1995
Genre: Business & Economics
ISBN: 9780131244887
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This book argues that most multinational companies lack an adequate global strategy. The material provides a systematic framework for evaluating which elements of strategy to globalize and by how much, and a practical guide on how to implement a globalization strategy in order to achieve a successful, total global strategy.* spells out the interaction between industry globalization drivers and the appropriate global strategy response. * devotes attention to the implementation of global strategy. * provides a systematic framework to the analysis of global strategy. * stresses business-level as opposed to corporate- level global strategy.