1.Problem / Issue Identification: The Russian ice-cream market is not structurally attractivePorters 5 ForcesBargaining Power of Suppliers:-Not an issue-Commodities but big seasonal variations-Limited local sources of high quality butter-High availability of imported raw materials-Specialist equipment must be imported (but may be easy to copy?)Bargaining Power of Buyers:-consumers have low disposable income-distributors have power - they have many suppliers-Growth in supermarket sectors - may wield
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Introduction The Ice-Fili Public Limited Company rightly deserves to be considered one of the oldest ice-cream producers in Russia. The Ice-Fili is one of Russia’s most famous and admired companies‚ both because of its entrepreneurial success and socially progressive vision. In its present form‚ it was incorporated on the basis of Frozen Products Plant No. 8‚ which was set up 65 years ago with support from Anastas Mikoyan‚ a popular and influential political figure. The company manufactures products
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the Russian Ice Cream Market Although the Russian ice cream market may initially look attractive due to its consistent growth in ice cream production/demand in recent years‚ after evaluating the market through the five forces framework‚ it becomes clear that the market far from attractive. Since the open market economy was first introduced to Russia in 1991‚ ice cream producer competition has more than tripled in sized to 300 firms by 2002. Significant funding would be required for ice cream manufacturing/distribution
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Ice-Fili Situation Analysis Ice-Fili is a Russian ice cream producer who can survive during the hard time in Russia while some competitors left the market. Since Russian ice cream market became more competitive‚ Ice-Fili tried to maintain its market share leadership among domestic‚ regional‚ international producers. Value chain analysis and SWOT were conducted below. Value chain analysis was conducted to show the capabilities of the firm in various activities. ----------------------- Firm
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To Ice-Fili CEO: The Vision of Ice-Fili Ice-Fili pursues a strategy of product separation‚ focusing both on high quality‚ new flavors and product lines‚ and more importantly‚ and original branding methodology that combines long-established business goals with a progressive public agenda to form a definite unique attractive product offering. Ice-Fili sells a product that is not only a leader in its market share‚ but truly a product made of value to bring success. Our overall corporate focus
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The problem that Ice-Fili was stemming from the rising level of competitiveness in a growing industry in Russia. Currently the companys position is favorable given the fact that it has a higher production capacity than its rivals. And it also has the lead over internation competitors such as Nestle and Baskin Robbins in terms of market share. However the competition position was not sustainable because of the rising level of competitive threat‚ not only in the form of manufactuerers upgrading their
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1. How structurally attractive is the Russian ice cream market? How is it likely to evolve? Analyzing from using five force model we can conclude that the structurally attractiveness of Russian ice cream market is quite low due to several reasons. Firstly‚ the crisis in 1998 had greatly reduced the consumption ability of ice cream market and increased the imported ingredients for producers. Secondly‚ Centralize planning system that is used in Russia caused the Russian managers to have little
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largest domestic ice cream producer‚ they had held onto their market leadership for many years. However‚ increasing competition from foreign companies‚ along with the emergence of regional producers of ice cream led to Ice-Fili’s market share erosion in the recent years. Porter’s five forces model was the primary method to analyze Ice-Fili’s industry and its competitiveness in the industry. Segmentation analysis was used for further study of the ice cream industry in Russia. The analysis was carried on
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School MBA – Global Strategy Spring 2015 CASE ASSIGNMENT QUESTIONS Ice-Fili Please prepare the following questions for the in-class case discussion (not to be turned in) 1. 2. 3. What quantitative indicators can you find in the case that could capture the changing attractiveness of the Russian ice cream market between 1996 and 2001? What explains this change in market attractiveness over these years? What‚ in your opinion‚ should the Russian incumbent ice-cream makers consider to enhance the market
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Ashley Springer Ice-Fili case analysis November 22‚ 2012 Through tough times in the Russian ice cream market; one company has one company has pulled their weight and maintained their position on top. Established in 1937; Ice-Fili has survived the change in government‚ financial hard times‚ and the ever growing competition from international companies. However‚ given these events their market share‚ which was once dominated by Ice-Fili‚ has been significantly reduced. In fact the Harvard Business
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