Essay about Supplier Business Strategies

Submitted By yyw893
Words: 548
Pages: 3
Open Document
Supply Chain Matters will call attention to reports or articles which we feel should definitely be included in your reading list, especially when it concerns small to mid-sized supplier businesses. This commentary references an article worthy of both a good read and reflection on how component suppliers can demonstrate industry diversification in supply chain support strategies.
Today’s edition of The Wall Street Journal features the article: Meet the Smartphone Arms Dealers. (paid subscription or free metered view) This article describes the efforts of two Japan based suppliers, Murata and TDK, both of which have managed to successfully leverage continuous product innovation and industry targeted support toward business excellence. While Japan’s major electronics OEM’s have fallen on difficult business times, these two suppliers are performing very well. In terms of overall business and financial performance, the WSJ reports that both of these suppliers posted profits for the first nine months of their fiscal year’s, fueled by healthy demand for products.
Murata is one of the largest providers of ceramic capacitors and wireless communications modules. TDK is a leading global supplier of electronic inductors. The WSJ points out that both suppliers have been able to maintain dominance in the electronic circuits’ area by keeping R&D and leading-edge production in-house. Each further designs and builds the manufacturing equipment used at their factories, maintaining a manufacturing process edge. A Murata senior executive is quoted as indicating that one always needs to be one or two steps ahead of the competition.
In the 80’s and 90’s when Japanese electronics OEM’s dominated the global market, the customers of Murata and TDK were domestic. According to the WSJ, today Japanese customers amount to little more than 20 percent. Both suppliers have reached out to supply components to major smartphone and electronic tablet OEM’s including the lucrative supply chains of both Apple and Samsung. Both suppliers are working on longer-term efforts towards expanding their diversified industry presence. TDK is focusing on components utilized in electric and hybrid automobiles along with energy distribution systems for buildings. With a trend for more and more electronic circuits used within cars and trucks, Murata is building
Show More

Related Documents: Essay about Supplier Business Strategies

CP1005 Workshop 01 Competing In The Information Age Answers Essay

FORCES MODEL These are not the only possible answers, since markets vary based on the local situation and other factors. Industry Buyer Power Supplier Power Threat of New Entrants Threat of Substitutes Rivalry Airline Low in the Australian environment, there are few choices of airline (low); in larger markets there are many more choices (high) High very few suppliers, very particular needs Low it is very hard to start an airline, with high costs and government regulations Low for shorter distances,…

Words 1227 - Pages 5

Essay about Management and Business Level Strategy

Business-Level Strategy: How do we compete? Generic Business Level Strategies Source of Competitive Advantage Cost Breadth of Competitive Scope Broad Target Market Narrow Target Market Cost Leadership Uniqueness Generic Business Level Strategies Source of Competitive Advantage Cost Breadth of Competitive Scope Broad Target Market Narrow Target Market Uniqueness Cost Leadership Differentiation Generic Business Level Strategies Source of Competitive Advantage Breadth of Competitive…

Words 2542 - Pages 11

The Pestel, Swot, and Generic Strategise Is Employed to Analyse Raytheon Company in the Global Market. Essay

Global Business Strategy Research the external environment of Raytheon Student name: Yuan Jun Submit date: 14th Dec 2010 University of Central Lancashire Summary In the competition orientated era of today, most corporations have an intention to expand its business in the global economy. It is necessary for those corporations to consider its external business environment so that it can help corporations develop its business more successfully. Considering the external business environment…

Words 4520 - Pages 19

Essay on Purchasing and Supply Management REPORT

BEM3022 Purchasing and Supply Management Group Assignment “To what extent can Li & Fung achieve steady growth and sustainable competitive advantage?” I. Executive summary Strategies for sourcing have always been an integral focus for organisations with respect to their supply chain management. Keeping the end goals of competitive advantage and sustainable growth in mind, this report aims to analyse how a leading sourcing company such as Li & Fung (LF henceforth) can achieve and maintain these…

Words 3820 - Pages 16

Essay about Logistics: Supply Chain Management

Logistical Strategies within the Supply Chain La’Trice L. Watson American Military University Abstract Logisticians continually make strategic level decisions in order to manage uncertainty, customer service and cost. Clients such as manufacturers, raw materials suppliers, distributors, retailers and shippers are provided a service by logistic service providers within the supply chain which makes it necessary to formulate strategies (Davenport, Jarvenpa, & Beers,…

Words 1623 - Pages 7

BP Lecture 9 Value Chains II Lecturer Recorded Essay

Business Processes Value Chains Agents of Change Lecture 6 Learning Objectives • Revisit the idea of competition • To understand the basics of value chain analysis – Analysing fit between processes and outcomes • Introduce concepts of strategically distinct activities • Introduce concept of strategic alignment New Potential Entran ts Threat of New Entrants Industry Competition Bargaining Power of Buyers Suppliers Bargaining Power of Suppliers Buyers Intensity of Rivalry Threat of Substitutes…

Words 849 - Pages 4

Supply Chain Essay

example of Chrysler Toledo Supplier Park and its practices. Page8 Conclusion Page10 Reference Page11 Introduction “A supply chain is a system of organizations, people, activities, information, and resources involved in moving a product or service from suppliers to customers.”(Wikipedia, 2013). Efficiency of supply chain is about to accesoler the process without extra non- value add-on activities. By knowing what customer needs and wants, business can effective controlling the…

Words 2230 - Pages 9

pets wonderland Essay

make-to-order business. The online SCM was designed to guarantee the customer satisfaction that allows maximum customization. But with the conventional retail market being more price sensitive and needed fewer configurations than the online and the SC for online was not designed for cost optimization dell suffered a challenge to address in its SC. The corporate and public sector clients looking for a design specifically for their organizations also put a challenge on dell to employ a different strategy than…

Words 1982 - Pages 8

Essay about Triple Bottom Line Strategy

Our triple bottom line strategy plans to address factors concerning economic, social, and environmental circumstances. These three key factors are essential in our efforts of striving for long-term financial performance. We are committed to uphold transparent economic, social, and environmental policies that will continually improve our performance. Our business model will always run through every aspect of our business and our products lifecycle. To assure the highest possible…

Words 336 - Pages 2

How Can IT Be Used As A Key Driver Of Business Value?

final exam 1. How can IT be used as a key driver of business value? The fascination with IT-enabled business innovation comes at a time of significant uncertainty and change as entrenched players and new entrants struggle to define a sustainable proprietary position for success in the turbulent twenty-first century. While most agree that Internet-based technologies have progressed at lightning speed since they were introduced to the business world in the early to mid-1990s, developing common s…

Words 1069 - Pages 5