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The 3 Basic Types of Descriptive Research Methods(0
The 3 Basic Types of Descriptive Research Methods(0
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In today's ever-changing global marketplace, competition has become fiercer, and the bar has been raised by customers seeking added value from their business partners. The market raises many "how to" questions: How to provide value-added products and services to meet customers' constantly increased expectation? How to correctly position your company in the marketplace and effectively compete with your competitors'? How to expand your company's market share and increase the overall value of your company? These arc just some of the questions that have been frustrating top management in companies seeking success through keen global competition. For those who want to differentiate themselves in the competitive market and increase their overall shareholder value.
Dairy companies in their quest for improvement are investing in tools and systems that optimize their processes and have made significant progress by employing various technologies for increasing efficiencies and costs effective. The high competitive landscape makes it valuable for their businesses to continuously evolve with an emphasis on optimizing all levels of the value chain. Hence supply chain management, provides the next logical stage in the evolution of competitiveness for the manufacturing organization. Supply chain management is integrated suppliers to the end consumers and emphasizes the need for collaboration to optimize the whole system. The basic aim of any supply chain management function is to make the organization more robust and nimble footed to respond to drastically changing consumer preferences by capturing the data of material flow at all levels of the value chain.
From shortages of milk, India emerged today as one of the largest producer of milk in th...
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...company's image. Following is the structure of my survey:
Research Design
Descriptive research is used to obtain information concerning the current status of the phenomena to describe "what exists" with respect to variables or conditions in at present situation.
Sample size
I surveyed 25 mother dairy dealers in Noida. The reason of choosing the Noida was first my convenience and second I wanted to know is there any difference exists between the booths in Delhi and in Noida.
Tool used
First I designed a questionnaire (please see Annexure) from dealers point of view and through which I have tried to know the satisfaction level of dealers with the mother dairy. As it was not easy to get the information from the dealers as they were looking at with suspension. I tried to keep the questionnaire small and simple where only 11 questions to be answered by the respondents.
The current Production Capacity is Low to face the upcoming competition-The dairy currently produces 10000 liters of milk per day even after 30 years of presence in the market. This will certainly affect the chances to take advantage of the current growing market and to manage the consumption cycles of the industry. The question of whether to decide on the expansion of production capacity: With an incredible growth expected in the industry, the issue that the management faces now is, whether to increase the production capacity or not. This is very much needed as the expansion of production capacity will equip the company to supply and cater to the demand as well as attain economies of scale, which can be used as a competitive advantage against the new entrants. However, this calls for capital investments on the assets required for expansion.
Oh, how I was wrong! When we were given an assignment to defetishize something, I realized my ignorance and decided to find out the truth about Dairyland Milk, my milk of choice. This paper is my journey from my small Kitsilano apartment building to the cow that potentially produced my milk in an effort to think of milk not only as an easily available healthy drink, but as an embedded set of geographical and social processes. Much to my astonishment, the production of milk involves much more than just the udder. I drink milk at home mainly just for tea and cereal, to be honest, I?ve never really loved just having a glass of it- even with a cookie.
...ia-ridden and harmful milk of times past. The history of milk is certainly not dull, and its future is sure to be equally as turbulent.
“Feed costs accounted for the largest share of milk production cost at 65 to 75 percent at operating cost and 33 to 50 percent of total economic cost” (McBride, 2009, p.39).
Traditionally, marketing, distribution, planning, manufacturing, and the purchasing organizations along the supply chain operated independently. The objectives of these organizational divisions are always different and conflict with each other’s objectives. . Marketing puts a higher emphasis on high customer service and maximum sales dollars conflict with manufacturing and distribution goals. Many manufacturing operations are designed to maximize throughput and lower costs with little consideration for the impact on inventory levels and distribution capabilities. Purchasing contracts are often negotiated with very little information beyond historical buying patterns. The result of these factors is that there is not a single, integrated plan for the organization---there were as many plans as businesses. Clearly, there is a need for a mechanism through which these different functions can be integrated together. Supply chain management is a strategy through which such an integration can be achieved.
Dairy Farm operates stores with distinct names to specifically meet the different needs of the market in Asia. They have brand names such as Jason Market Place that cater to the affluent sector and Shop N Save which are located within HDB estates and they focus on fresh goods at low prices.
Nestlé's association with India goes back to 1912, when it started exchanging as The Nestlé Anglo-Swiss Condensed Milk Company (Export) Limited, importing and offering completed items in the Indian market. After India's autonomy in 1947, the monetary arrangements of the Indian Government stressed the requirement for neighborhood creation. Nestlé reacted to India's goals by framing an organization in India and set up its first industrial facility in 1961 at Moga, Punjab, where the Government needed Nestlé to build up the milk economy. Progress in Moga required the acquaintance of Nestlé's Agricultural Services with instruct, exhort and help the rancher in an assortment of viewpoints. From expanding the milk yield of their cows through enhanced dairy cultivating techniques, to watering system, experimental harvest administration practices and assisting with the acquisition of bank credits.
Supply chain management has been defined as that process that involves the management of information, materials, and all the finances that are handled within and across the entire supply chain process (Christopher, 2016). The management is usually done through out the entire supply chain management from that moment when the suppliers are involved through all the manufacturing activities, different distribution activities, and the way that the products are served to the final product consumer (Turban, et al., 2002). The process also includes all the activities that different organizations offers to their customers as after sale services for purposes perfecting their services and products towards their highly valued customers (Christopher,
There are a variety of challenges that firms may face when attempting to be the best in their specified industry. Economic and political challenges can make it difficult for companies to maintain a competitive advantage. In addition to maintaining a competitive advantage, some firms also find difficulty in keeping its branding alive and by attracting customers as their strategies, products, and management change over the course of time. Industries such as the automotive industry, healthcare industry, retail industry, and many more experience a variety of challenges based on their competition. Firms must create successful strategies in order to maintain competitive with their competition and in order to gain advantages in their industry (Hitt, 2013).
Through the Fonterra website, it has its own Research and Development Centre in New Zealand’s Palmerston North which has the world-leading cutting- edge technology. The centre aims to improve the quality of milk products which can help mothers, new-borns and infants absorb more nutrition; it can enhance and maintain the energy and nutrition for the aging populations and provide healthier options for families. Furthermore, nowadays, parents always concern about the health of their children. Base on this situation and paediatric nutrition, Fonterra has excellent and extensive experience for innovating new infant formula and provide safe products with high quality for customers. For the special formula in the infant milk powder, Dairy Complex Lipids are added which can improve the development of babies’ brain. To avoid allergy and help the infants digest the milk easily, hydrolysates are added in. Meanwhile, the supportable immune lactoferrin, Bifidobacterium lactis (HN019) and Lactobacillus rhamnosus (HN001) are added to reduce the risk of allergy and uncomfortableness (Fonterra,
With India's per capita consumption of ice-cream - at 200 ml - against 22 litres in markets like the US, being among the lowest in the world, opportunity for ice-cream marketers is abundant
‘Supply chain management integrates supply and demand management within and across companies. It encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, thir- party service providers, and customers’. (Web: Council for Supply Chain Management Pr...
I submit this report on revision to the ¡°Got Milk?¡± ad to better adjust in South Korean market on March 20, 2006.
A good location can have a significant impact in attracting potential customers, thus improving sales. Especially in the case of a supermarket, location is more important than other business sector. Customers never drive long distances to only buy daily necessities. Moreover, favorable location gives efficiency to company’s logistics because unnecessary moving cost can be cut down. So, we can say that it is important factor for the successful operation of the supermarket.
A supply chain is a network of facilities that procure raw materials, transform them into intermediate goods and then final products, and deliver the products to customers through a distribution system [1]. The basic objective of supply chain is to “optimize performance of the chain to add as much value as possible for the least cost possible.