What are Your Core Strengths Determining core strengths is very important,unfortunately,it is also very difficult. What they are depends on the nature of the business and of the firm. Core strengths don't necessarily correspond to large investment of resources They may be intangible items -Such as management skills,brand image
What are Your Core Strengths Determining core strengths is very important, unfortunately, it is also very difficult. What they are depends on the nature of the business and of the firm. Core strengths don’t necessarily correspond to large investment of resources They may be intangible items Such as management skills, brand image
Determine Core Strengths To determine a firm's core strengths,we can consider how the firm's internal capabilities contribute to differentiating it from its competitors in each of the seven key items
Determine Core Strengths To determine a firm’s core strengths, we can consider how the firm’s internal capabilities contribute to differentiating it from its competitors in each of the seven key items
Framework for Analyzing Strategic Alliances To determine whether a particular strategic alliance is appropriate for your firm,consider how the alliance will help address the following issues: 1.Adding value to products 2. Improving market access 3. Strengthening operations 4. Adding technical strength 5. Enhancing strategic growth 6. Enhancing organizational skills 7. Building financial strength
Framework for Analyzing Strategic Alliances To determine whether a particular strategic alliance is appropriate for your firm, consider how the alliance will help address the following issues: 1. Adding value to products 2. Improving market access 3. Strengthening operations 4. Adding technical strength 5. Enhancing strategic growth 6. Enhancing organizational skills 7. Building financial strength
Three Types of Strategic Alliances Although strategic alliances are becoming increasingly prevalent in all walks of business,three types are particularly significant in supply chain management Third-party logistics(3PL) Retailer supplier partnership(RSP) Distribution integration (Dl)
Three Types of Strategic Alliances Although strategic alliances are becoming increasingly prevalent in all walks of business, three types are particularly significant in supply chain management. Third-party logistics (3PL) Retailer supplier partnership (RSP) Distribution integration (DI)
Third Party Logistics ■Vhat is3PL? Outside firms perform materials management and logistics functions Long term commitments and multiple functions How 3PL is different from traditional logistics 3PL:More complex,True strategic alliances Long-term commitments,multiple function Traditional logistics Transaction based,single function
Third Party Logistics What is 3PL? Outside firms perform materials management and logistics functions Long term commitments and multiple functions How 3PL is different from traditional logistics 3PL: Long-term commitments, multiple function Traditional logistics Transaction based, single function More complex, True strategic alliances