Sunday, May 24, 2020

Samsungs Key Features Of Their Operations Management

INTRODUCTION This essay attempts to identify and analyse Samsung’s key features in their operations management. Operations Management is defined as the process where resources, flowing within a defined system (Kumar Suresh 2009), are combined and transformed in a controlled manner to add value. These incorporate elements such as products, processes, technology, and equipment or quality control systems (Garrido, Martà ­n-Peà ±a Garcà ­a-Muià ±a 2007, p. 2119). In addressing these elements the essay wishes to capture, which of these influence Samsung’s abilities successfully to obtain their competitive priorities (Garrido, Martà ­n-Peà ±a Garcà ­a-Muià ±a 2007, p. 2120) and process strategies. Add more to the introduction †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. KEY PRODUCT STREAMS Samsung products range from mobile devices, TV, audio and video, home appliances, cameras, PC and peripherals and print solutions (Samsung 2014). This essay will predominantly look closely at Samsung’s mobile phones market. Value add For any business to successfully add value they either do so through lower costs or superior benefits to the consumer by offering product differentiation (Singh 2012). Samsung was a late starter into the smart phone industry, while, this has not prevented them from successfully positioning their product at the forefront against those offered by their competition such as Apple. Gary Armstrong (2011) defines a product’s position as â€Å"the complex set of perceptions, impressions and feelings that consumersShow MoreRelatedSamsung Marketing11795 Words   |  48 PagesJOHN QUELCH ANNA HARRINGTON Samsung Electronics Company: Global Marketing Operations Company Background and Strategy The Samsung conglomerate’s roots dated back to 1938 when the company produced agricultural products. In the 1970s, the company focused on shipbuilding, chemicals, and textiles. Samsung Electronics Company (SEC)2 was founded in 1969, primarily as a low-cost manufacturer of black and white televisions. In the 1970s, Samsung acquired a semiconductor business, thereby settingRead MoreEssay on Samsung 5forces1418 Words   |  6 Pagesthe strength of Samsungs strategic position will be demonstrated. Introduction Samsung Electronics, Apple and Nokia are the competitive mobile companies. To compare each companys strategic position Samsung was chosen. Although many components are needed to make mobile phones; semiconductors and the operating systems (OS) which companies use will be mainly discussed because these factors have an effect on the function of a mobile phone. Therefore this essay analyses Samsungs strategic positionRead MoreUnderstanding the Essence of Strategic Management3400 Words   |  14 Pagesunderstanding of the essence of strategic management of people resources in an entity, alongside the manner in which this relates to a wider organizational context and business strategy. The PMA is based on the postulation that people are not only the key, but also the most essential resource in any given organization and usually translate other resources into benefit. The student writing this PMA attempts to explore every element of successful and effective people management practice. Cit ing Armstrong (2012:55)Read MoreSamsung Inc. Lee Byung Chul4531 Words   |  19 Pagesever produced, was a black and white television set. Over the years, Samsung acquired Hanguk Jeonja Tongsin, based out of Gumi, and developed its electronics based companies (Samsung, 2015). This Gumi manufacturing facility would one day become Samsung’s main cellular phone manufacturing plant. It began producing products such as switchboards, telephones, and fax machines (Kovach, 2013). When the founder of Samsung passed away in 1987, Samsung Group was divided into four separate and independentRead MoreMarketing and Samsung7047 Words   |  29 Pages 11 3.1 Key Success Factors of the Tablet Industry 11 3.2 Assessment of Samsung’s Sources of Advantage 12 3.3 Assessment of Samsung’s Positional Advantage 13 3.4 Match between Industry Key Success Factors and Samsung’s Sources of Advantage Read MoreSamsung Strategic Management5130 Words   |  21 PagesStrategic Management assignment Question 1 Samsung’s strategic direction is now focused on tapping into the growth of the enterprise market. Given the latest developments as stated in the case, conduct segmentation of the enterprise market and discuss the strategic action plans that Samsung’s could undertake to increase its market share in each of these segments. Introduction Pioneering the Digital Edge The digital age has brought revolutionary change – and opportunity – toRead MoreStrategic Hr in Samsung5902 Words   |  24 PagesSamsung Strategic HRM Case Introduction: â€Å"In the recent time human resource management (HRM) has assumed new prominence because of continuing concerns about global competition, the internationalisation of technology and the productivity of labour. It is argued that these market imperatives require manager to change the way in which they manage the employment relationship in order to allow for the most effective utilization of human resources (HR). Managers and academics argue thatRead MoreInternational Business Environment4226 Words   |  17 Pagesproductivity, reliability, and economy of operation. The productivity denotes the quantity of goods produced, processed, or shipped per unit time. The reliability of technology is characterized by the capacity to produce itemized quantity of goods without interruption. As the name suggest economy of the operation is determined by the consumption of materials, power and by the cost of supporting facilities necessary for the operation to take place. The indexes of any operation can be improved by perfectingRead MoreSamsung Marketing Plan Essay2535 Words   |  11 Pagesexport, selling dried Korean fish, vegetables, and fruit to Manchuria and Beijing. In little more than a decade, Samsung-which means three stars in Korean-would have its own flour mills and confectionery machines, its own manufacturing and sales operations, and ultimately evolve to become the modern global corporation that still bears the same name today (Samsung , ). During the 1970’s, the company also took steps to enhance its competitive position in the worlds textile industry, integratingRead More1) Factors That Triggered the Growth of Samsung in the Global Handset Market2366 Words   |  10 PagesStrategic Management UC3F1301IBM Lecturer name: Chia Su Aie Student name: Khamzin Zhassulan (TP023113) Submission date: 8th April Contents Introduction 3 1) Factors that triggered the growth of Samsung in the global handset market 4 SWOT analysis 4 Factors of growth 5 2) Strategies adopted by Samsung as the second largest handset market in the global mobile market. Corporate strategy, business level strategy 6 Samsung business strategy 6 3) Samsung overtakes Nokia in a handset

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.