Crafting and executing an offshore IT sourcing strategy: GlobShop’s experience Submitted By : Group 12 KUSHAL KISLAY FT151093 MEHUL JAIN FT152088 SIDDHARTHA PAUL FT154003 VIVEK KHATTAR FT154063 JAYANTH SATHEESH FT152025 Overview of Globshop’s strategy Why going offshore ? • To reduce costs • To focus on core business • To centralize data How ISS was selected ? • Small size so easy to negotiate • withLong term global agreement • A win-win deal Different alternatives for GS : One Vendor Less
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business case for option #3‚ the PCB In-sourcing proposal. What is the benefit? What is the risk? How do you compare this proposal to option #1 and #2? Benefit: a. Better performance in management‚ quality and delivery. When PCB is in-souring facility‚ the management team of Stryker Corporation can directly control the production process‚ which is more efficient and could obtain better quality in products. Secondly‚ when the production of PCB is in-sourcing‚ it will be much easier for Stryker
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Benefits from using the Internet What is the Internet? The Internet is the mechanism or matrix that connects networks around the world to each other and is generally referred to as the World Wide Web. Since the conception of the Internet‚ those who are not afraid to learn or try something new have benefited greatly in many ways. Businesses as well as individuals reap the benefits from using the Internet on a daily basis. Since the invention of IP‚ or in other words‚ Internet Protocol (Microsoft)
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quality health insurance and to reduce the growth in health care spending in the U.S (Obamacare). But which political party benefits more from the act? In the long run‚ Democrats benefit from the Affordable Care Act‚ not Republicans. This is because; Republicans are typically business owners and therefore would not benefit from Obamacare. Another reason that Democrats would benefit more is; Democratic incumbents are more likely to get reelected for their office. Also‚ the Affordable Care Act provides
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IKEA’s GLOBAL SOURCING CHALLENGE EXECUTIVE SUMMARY The IKEA Group‚ one of the world’s top furniture retailers‚ has emerged as the fastest-growing furniture retailer in the US. Its unique business strategy has given it its strengths for its success today. However‚ like all strategies‚ IKEA’s strategy has its own flaws that can pose as weaknesses. IKEA also has a lot of opportunities in the marketplace such as expansions of their company and threats such as competitors in the same industry
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Group 6 Team Assignment: Crowd sourcing Ethical Dilemma The decision on whether to stick to the principles of your artistic side or to continue the success of the new company plan is a difficult one. The founder of the company had always wanted the t-shirts to be designed by graphic artists in order to make sure that each of the designs was a work of art. Unfortunately‚ the sales of the company began to be stagnating for the first time in the company’s history. In order to jump-start sales‚
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rising in garment manufacturing has been playing a significant role in economic development in many developing countries‚ especially benefit by termination of quota system on 2005 leading a tremendous growth. 3. Current Situation : From a global commodity chains perspective‚ Asia’s transition from assembly to full-package supply derives in large measure from its ability to establish close linkages with a diverse array of lead firms in buyer-driven chains. Lead firms are the primary source
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Survey‚ Assessment & analysis on sourcing system at “Epyllion Group” 1.1 purchase principles: Purchase principles are stated below: A. Just in time (JIT) purchase B. Economic order quantity C. Efficient purchase D. Optimization of quality and price E. Good market analysis and buy from the horse mouth F. Be focus to the market G. Be in touch with market leader H. Convert the supplier into partner of the company I. Transparent purchase J. Uphold “Epyllion Group” interest K. No purchase order‚ no
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IKEA’s Global Sourcing Challenge: Indian Rugs and Child Labor (A) Case Synopsis IKEA is a “privately held‚ international home products company that designs and sells ready-to-assemble furniture such as beds and desks‚ appliances and home accessories” (www.worldisyouroyster.com). The company was established in 1943 by Ingvar Kamprad in Sweden when he was just 17 years old. Kamprad himself‚ who still owns the private company‚ is rumored to be the world’s richest man. IKEA is currently the world
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