What are the differences between Matsushita and Sony’s products? The major products of Matsushita are based on the home appliances and household equipment. The commodities including in the Matsushita products are DVDs, telephone, refrigerators and glass windshields. The Matsushita developed the strategy for the establishment of Panasonic microwave oven. These are the major products of Matsushita that facing supply chain issues and develop supply strategy to gain expected outcomes. On the other hand, Sony products are electronic consumable goods. Digital cameras and camcorders are the potential products of Sony in the china market place. Advance consumer electronics and global leader in the technological product lines. The innovative products …show more content…
In China most of the pricing of products is lower than Matsushita products are, that creates challenges for the company that how to sustain in the competitive environment. Purchase cheap material with high quality from Japan and establish assembly plant in the china to compete in the market place. Moving manufacturing activities to china as well as establishment of new brain in the china are the core strategic plan towards supply chain activities. The development of new brain means investment in research and development in china market to determine the demand and supply activities. This strategy plays critical role to understand china market by Japanese manufacturers. In addition, Matsushita also developed localized material suppliers and stretching the distribution link to rebuild strategic of supply chain networks. The Japanese suppliers localized in the china to gain competitive advantage over pricing …show more content…
Although the company is keeping for long term solutions but profits are not attainable with higher growth. The mass production will be beneficial otherwise it will lose opportunity in getting high profits. Holding cost increased when Matsushita produced too many products manufactured in china. For Sony short term solution that will provide benefits for short run, but it is very difficult to manage its operations regarding short term. Shorter cycle operations have more chance to implement due to uncertainty and probability of risk occurrences. According to this shorter maintenance reveals risk in handling operations. In last, moving operation in Japan huge cost incur that reduce profit margins initially. The cost advantages might not be getting as operation in china
One of the main costs is to manufacture their products. A major reason the companies are moving manufacturing plants to Asia and South America is to lower manufacturing cost. This will lower the cost for the customer and keep each company competitive and allow them to keep a high margin. Another cost is the inventory cost for each company. Each company needs major capital to store their broad catalog of products. This is especially true for Fastenal because one of their niches is time of delivery. Since Fastenal has more distribution plants we as a company are able to get a customer an order in a shorter period of time. The problem for both companies is since the catalog is so broad many products end up staying in inventory for too long raising inventory costs. Also another cost is product development and management. Each company has many products that need to be developed and the customer seems to always want something else. Both companies spend capital to satisfy their customer’s product needs and each company needs to manage product
In the 1960s through the 1970s, companies realized strong engineering, design, and manufacturing functions were strong market strategy keys to create and capture customer loyalty. As the demand for new products rose in the 1980s, these market requirements were to increase their flexibility and responsiveness to adapt existing products and processes or to develop new ones in order to meet customer needs. As manufacturing improved in the 1990s, managers began noticing material and service inputs involving suppliers and their major impact on an organization’s ability to meet customer needs. As a result of these changes, organizations now find that it difficult to manage their own organizations. First, they must be involved in the management of their network of all upstream firms that provide directly or indirectly, as well as the network of downstream firms, which are responsible for delivery and market service of the product to the end customer.
After a lot of research a three step supply chain transformation was decided. According to the plan, the company decided to reorganize its supply chain organization, simplify the structure and define functional roles. Cost to serve its stores along with day to day supply chain reduction was planed. Finally foundation for improved supply chain capability for the future was
effectively is a huge driver for Sony. Invention and innovation? The need to create new technology and new productions within Sony can be a major drive for the research and development department within the company. The.. A business such as Sony who have achieved a breakthrough which is patented is a major sustainable competitive advantage over other.
The view from Tata motors perspective would be more central to seek out companies with more business plans and The company has a long term benefit like access to market knowledge and the development of firm presence on the new market and advantage would be that it limits the possibility of technology or knowledge transfer. Market commitment and Decision understand the requirement of a new market also the decision and implementation concerning foreign investment are made incrementally due to market uncertainty. The company have different approaches and implementation which are seen in the background and has different prior knowledge acquisition (Johanson & Vahlne,1977, p.34).Tata motors have understood that the arrangement was based on its acquired about the market and industry dynamics. Consequently the company had to have the commitment to allow constraint in the case of its freedom with the supplier and surrounded technology. Current activities is somewhat fascinating on how precisely the crucial of Tata motors are consistent with Uppsala theory and the result was Tata motors acquisition and in the longer terms is to move up in the value chain as much as possible, with the
Since more than 40 years, Toyota Company was thinking how to develop the traditional process costing system and the production system. Some of the companies believe that the increasing of the production is a big profit, while Toyota proved the opposite. The more you increase the products out of the need of the market, the more losses you are going to gain. This kin...
Sony is in a different industry than Kodak. Sony belongs to the Audio/Video Equipment Industry where Eastman Kodak is in the Photography Industry. Sony, however does manufacture photographical tools. Based on the two companies’ history, Kodak will likely continue to have a larger selection of electronic photography products, but Sony will continue to develop similar products, often “improved” versions of Kodak’s original products.
Outsourcing labor and materials in a global market can significantly stretch the supply chain structure. This can have both positive and negative effects. Looking to different countries provides the opportunity to access different markets and find the lowest possible manufacturing costs. Many companies also embraced the Toyota Motor Corp. model of just-in-time inventory and other lean manufacturing techniques that emphasized speed and cost reduction (Bosman, 2006...
Philips’ major rival, Matsushita, started as a small electrical house-ware manufacturer in 1918. The company expanded rapidly and soon introduced a flood of new products. By the end of the century, Matsushita grew into a global player with powerful brand names such as Panasonic, Quasar Technics, and JVC.
BMW having high market share in European and U.S luxury car markets, started facing issues with launch product qualities and also facing a fierce competition from Japanese producers. Currently the market share was still stable but the rigorous growth of Japanese producers would affect BMW in future. These Japanese competitors had set higher standards of conformance.
Products are not standardized and vary by country in terms of type, packaging and specification. This increases production time, production costs, lead tim...
Toyota Motor Corporation is one of the largest automakers in the world. At its annual conference in Tokyo on May 8, 2008, the company announced that activities through March 2008 generated a sales figure of $252.7 billion, a new record for the company. However, the company is lowering expectations for the coming year due to a stronger yen, a slowing American economy, and the rising cost of raw materials (Rowley, 2008). If Toyota is to continue increasing its revenue, it must examine its business practice and determine on a course of action to maximize its profit.
The principle of Best Position entails improvement of Honda’s global competitiveness. For Honda and their suppliers to improve in global competitiveness, they need to have a plan. Modine and most U.S. firms need further development in the process of planning. Instead of
Panasonic Case Study (Graphics Not Included) Panasonic operates under the umbrella of the Matsushita Electric Industrial Co.
The market is not ready yet for more product lines even though the economy is growing because the purchasing power is not that strong compared with the ones in South America. Therefore there is not yet profit to gain by di...