- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- 32
- 33
- 34
- 35
- 36
- 37
- 38
- 39
- 40
VRIO Analysis of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The INVENTORY MANAGEMENT IN THE AGE OF BIG DATA VRIO Analysis also mentions at each stage whether these resources could be improved to provide a greater competitive advantage. Lastly, the resources analysed are summarised as to whether they offer sustained competitive advantage, has an unused competitive advantage, temporary competitive advantage, competitive parity or competitive disadvantage.
Valuable
- The INVENTORY MANAGEMENT IN THE AGE OF BIG DATA VRIO Analysis shows that the financial resources of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA are highly valuable as these help in investing into external opportunities that arise. These also help INVENTORY MANAGEMENT IN THE AGE OF BIG DATA in combating external threats.
- According to the VRIO Analysis of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA, its local food products are a valuable resource as these are highly differentiated. This makes the perceived value for these by customers high. These are also valued more than the competition by customers due to the differentiation in these products.
- The INVENTORY MANAGEMENT IN THE AGE OF BIG DATA VRIO Analysis shows that INVENTORY MANAGEMENT IN THE AGE OF BIG DATA's employees are a valuable resource to the firm. A significant portion of the workforce is highly trained, and this leads to more productive output for the organisation. The employees are also loyal, and retention levels for the organisation are high. All of this translates into greater value for the end consumers of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA's products.
- According to the VRIO Analysis of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for INVENTORY MANAGEMENT IN THE AGE OF BIG DATA. These patents also provide INVENTORY MANAGEMENT IN THE AGE OF BIG DATA with licensing revenue when it licenses these patents out to other manufacturers.
- The INVENTORY MANAGEMENT IN THE AGE OF BIG DATA VRIO Analysis shows that INVENTORY MANAGEMENT IN THE AGE OF BIG DATA’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for INVENTORY MANAGEMENT IN THE AGE OF BIG DATA. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA, its cost structure is not a valuable resource. This is because the methods of production lead to greater costs than that of competition, which affects the overall profits of the firm. Therefore, its cost structure is a competitive disadvantage that needs to be worked on.
- The INVENTORY MANAGEMENT IN THE AGE OF BIG DATA VRIO Analysis shows that the research and development at INVENTORY MANAGEMENT IN THE AGE OF BIG DATA is not a valuable resource. This is because research and development are costing more than the benefits it provides in the form of innovation. There have been very few innovative features and breakthrough products in the past few years. Therefore, research and development are a competitive disadvantage for INVENTORY MANAGEMENT IN THE AGE OF BIG DATA. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA are found to be rare according to the VRIO Analysis of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA. Strong financial resources are only possessed by a few companies in the industry.
- The local food products are found to be not rare as identified by INVENTORY MANAGEMENT IN THE AGE OF BIG DATA VRIO Analysis. These are easily provided in the market by other competitors. This means that competitors can use these resources in the same way as INVENTORY MANAGEMENT IN THE AGE OF BIG DATA and inhibit competitive advantage. This means that the local food products result in competitive parity for INVENTORY MANAGEMENT IN THE AGE OF BIG DATA. As this resource is valuable, INVENTORY MANAGEMENT IN THE AGE OF BIG DATA can still make use of this resource.
- The employees of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA are a rare resource as identified by the VRIO Analysis of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA. These employees are highly trained and skilled, which is not the case with employees in other firms. The better compensation and work environment ensure that these employees do not leave for other firms.
- The patents of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA are a rare resource as identified by the INVENTORY MANAGEMENT IN THE AGE OF BIG DATA VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows INVENTORY MANAGEMENT IN THE AGE OF BIG DATA to use them without interference from the competition.
- The distribution network of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA is a rare resource as identified by the VRIO Analysis of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA are costly to imitate as identified by the INVENTORY MANAGEMENT IN THE AGE OF BIG DATA VRIO Analysis. These resources have been acquired by the company through prolonged profits over the years. New entrants and competitors would require similar profits for a long period of time to accumulate these amounts of financial resources.
- The local food products are not that costly to imitate as identified by the VRIO Analysis of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA. These can be acquired by competitors as well if they invest a significant amount in research and development. These also do not require years long experience. Therefore, the local food products by INVENTORY MANAGEMENT IN THE AGE OF BIG DATA provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA are also not costly to imitate as identified by the INVENTORY MANAGEMENT IN THE AGE OF BIG DATA VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from INVENTORY MANAGEMENT IN THE AGE OF BIG DATA by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA are very difficult to imitate as identified by the VRIO Analysis of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA. This is because it is not legally allowed to imitate a patented product. Similar resources to be developed and getting a patent for them is also a costly process.
- The distribution network of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA is also very costly to imitate by competition as identified by the INVENTORY MANAGEMENT IN THE AGE OF BIG DATA VRIO Analysis. This has been developed over the years gradually by INVENTORY MANAGEMENT IN THE AGE OF BIG DATA. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA are organised to capture value as identified by the VRIO Analysis of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA. These resources are used strategically to invest in the right places; making use of opportunities and combatting threats. Therefore, these resources prove to be a source of sustained competitive advantage for INVENTORY MANAGEMENT IN THE AGE OF BIG DATA.
- The Patents of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA are not well organised as identified by the INVENTORY MANAGEMENT IN THE AGE OF BIG DATA VRIO Analysis. This means that the organisation is not using these patents to their full potential. An unused competitive advantage exists that can be changed into a sustainable competitive advantage if INVENTORY MANAGEMENT IN THE AGE OF BIG DATA starts selling patented products before the patents expire.
- The distribution network of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA is organised as identified by the VRIO Analysis of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA. INVENTORY MANAGEMENT IN THE AGE OF BIG DATA uses this network to reach out to its customers by ensuring that products are available on all of its outlets. Therefore, these resources prove to be a source of sustained competitive advantage for INVENTORY MANAGEMENT IN THE AGE OF BIG DATA.
From the VRIO Analysis of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA, it was identified that the financial resources and distribution network provide a sustained competitive advantage. The patents are a source of unused competitive advantage. There exists a temporary competitive advantage for employees. There exists a competitive parity for local food products. Lastly, the cost structure of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA is a competitive disadvantage. Research and Development is also a competitive disadvantage.
Warning! This article is only an example and cannot be used for research or reference purposes. If you need help with something similar, please submit your details here.
Samuele Giuseppe
5.0
This firm supplied me with a non-plagiarized price that was easy for me to pay for. Special thanks for the timely delivery!
Lin Chongling
5.0
These guys are fast for the proceedings of the dissertation proposal and I'm content on account of the honesty of the company. Got A.
Linda Vincenzo
4.0
I’m very pleased with this service and the assignment was done very fast. The layout that I dispatched to the writer she quickly captured its module and provided me with the document that was in the same writing pattern as mine. Very great work! Thank you!
Bonnie Harrison
4.0
I ordered a term paper at this assignment writing service and it was delivered on time. There was no error in it and I’m satisfied. Thank you!
Next Articles
- WATERCRAFT CAPITAL S.A. REFINANCING PROJECT FINANCE TRANSACTIONS Vrio Analysis
- PROJECT MANAGEMENT: CONSTRUCTIVE BUILDING Vrio Analysis
- Student Centered Learning: Enhance Engagement And Learning With Proven Case Teaching Techniques (SEMINAR) Vrio Analysis
- DELHI AIRPORT METRO: PPP IN DISTRESS Vrio Analysis
- An Introduction To Case Teaching (Part 1) (VIDEO PLAYLIST) Vrio Analysis
- Ending Your Case Class (VIDEO) Vrio Analysis
- Asking Good Questions (VIDEO) Vrio Analysis
- Starting Case Classes (VIDEO) Vrio Analysis
- SOLIDARITY ENTREPRENEURSHIP AND EMPLOYMENT LAUNCHERS. CASE B ALVARO AND THE CHALLENGES FACED BY LEES IN 2015 Vrio Analysis
- A.C. MILAN CASE: CORPORATE VALUATION, SUPPLEMENT Vrio Analysis
Previous Articles
- THE DEUTSCH CASELLA JOINT VENTURE AND [YELLOW TAIL] WINES: TRADING UP OR TRADING DOWN? Vrio Analysis
- DAMA LOVINA VILLAS: CAN ECO STANDARDS AND CERTIFICATION CREATE COMPETITIVE ADVANTAGE FOR A LUXURY RESORT? Vrio Analysis
- THE TURNAROUND OF LEGO: CONTINUED GROWTH UNDER FAMILY OWNERSHIP Vrio Analysis
- DOGS OF THE DOW Vrio Analysis
- LOCAL DEVELOPMENT POLICY FOR SANTA BARBARA DE TAPIRIN, TWO MEMORANDA (B) Vrio Analysis
- CHINA LODGING GROUP (B) Vrio Analysis
- THE WORKPLACE OF THE FUTURE Vrio Analysis
- GENERAL MILLS BUILDS UP BIG DATA TO ANSWER BIG QUESTIONS Vrio Analysis
- SUSTAINABILITY REPORTING AS A TOOL FOR BETTER RISK MANAGEMENT Vrio Analysis
- COCA COLA'S UNIQUE CHALLENGE: TURNING 250 DATASETS INTO ONE Vrio Analysis
Be a great writer or hire a greater one!
Academic writing has no room for errors and mistakes. If you have BIG dreams to score BIG, think out of the box and hire Case48 with BIG enough reputation.
Our Guarantees
Interesting Fact
Most recent surveys suggest that around 76 % students try professional academic writing services at least once in their lifetime!