Supply Chain Management Practices At Nokia Corporation Case Study Analysis
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Supply Chain Management Practices At Nokia Corporation Case Analysis
Supply Chain Management Practices At Nokia Corporation Case Study Help is a widely known name of a New York based, world's leading company in the food and drink market. Case Study Solution is a leading brand name in convenient treats, foods and drinks with its presence in about 200 countries. Major brand names of the business consist of; Pepsi-Cola, Frito-Lay, Tropicana, Quake and Gatorade. The core competitive benefit of the business is its capability to market the product at everywhere places. The company is doing efforts to make item development as its brand-new source of competitive benefit.
The report includes a deep analysis of different elements of the social duties of major business in the food and drink market in general, and business in specific. The report also provides an assessment of the extent of sustainability and CSR in the Supply Chain Management Practices At Nokia Corporation Case Study Solution's business strategy along with the decision of how Case Study Help creates worth for its customers.
Concerns Recognition
The huge food and beverage company was going through a criticism over its duty towards numerous social and environmental concerns consisting of; obesity, heart diseases, environmental destruction and so on. These criticisms lead, to reconsider about the business technique of Supply Chain Management Practices At Nokia Corporation Case Study Solution. The Vivek Gupta has realized that the general society, the lifestyle of individuals and individuals at whole have been changed now. In this scenario with increasing trends towards much healthier items and the increasing ecological issues, Case Study Help must change its direction towards much healthier items. Although, Case Study Solution had taken particular essential steps concerning the ecological effects of its items, however, these steps are inadequate to end up the criticism over the business's duty towards social and environmental issues. For that reason, the is required to take particular strategic steps to change the market position of its particular popular brands and present Supply Chain Management Practices At Nokia Corporation Case Study Help as a company producing healthy products in the market. In this regard, Case Study Analysis and other food and drink business need to use their power to move the consumer taste towards much healthier products to get rid of the constraints in the development of food industry.
Critical Analysis
The shift from the usage of natural food to made food has actually highly affected the health of the consumers. All of the information related to the health problems with the incorporation of made food in the market explain the frequency of the health problems related to food system. These issues are indirectly the result of various practices of the food and drink companies for creating worth for their consumers.
Worth Production at Supply Chain Management Practices At Nokia Corporation Case Study Analysis
Supply Chain Management Practices At Nokia Corporation Case Study Help being a giant company in the food and drink market, provides high worth to its customers by different ways. Value development in the food and beverage industry is done through two ways i.e. taste and schedule of the product. Case Study Analysis has a competitive benefit in supplying its products everywhere internationally. Its marketing capability makes it able to target a big base of consumers. The company is presented in about 200 countries with a large number of well-known global brand names. The far and wide existence of the business items offers high worth to customers.
The company creates worth for its customers by means of supplying big number of delicious food products consisting of salt, fat and sugar, which are the active ingredients that are directly linked with the psychological core of the customer's brain. The Supply Chain Management Practices At Nokia Corporation Case Study Help in addition to other giant food and drinks companies create worth for its customers by controling these ingredients in its products. Case Study Analysis along with other giant business has an interest in discovering ways to increase the customer worth from its products through making use of the vulnerability.
Together with it, the business likewise develops value by means of including the healthy point in its items. The business has actually done particular efforts in order to provide healthy items and decrease the share of Supply Chain Management Practices At Nokia Corporation Case Study Solution in total ecological devastation. Case Study Analysis has taken particular actions associated with the sustainability of people and environment consisting of the 2009 statement of the ambitious goals and commitments associated with Case Study Solution items, market and the community.
All of these methods have actually been successful at creating worth for the Case Study Solution consumers. Increasing health related issues have raised the criticism for Case Study Solution.
Useful Role of Significant Food and Beverage Business in Attending To Social and Ecological Expenses Associated with the Industry
Major food and beverage business including Supply Chain Management Practices At Nokia Corporation Case Study Help and so on can play an useful role in addressing social and eco-friendly expenses associated with the market. The environmental costs associated with food and drink industry include the ecological devastation due to the increase of nitrogen which has led to the lowered water drinking patterns, river contamination, and increased emission of greenhouse gases from soil etc. All these factors leads to ecological devastation which might be a huge risk to the existence of humankind in future.
Major reason for these environmental modifications is mass usage of nitrogen abundant fertilizers and the components by the food and drink companies. Food and drink business need to play a positive role in addressing these problems to remove their growth constraints related to the criticism from the ecological communities.
In order to resolve these issues, the business could either reduce their use of nitrogen abundant active ingredients or take specific actions to decrease the amount of nitrogen in the total environment. The companies need to avoid use of nitrogen fertilizers and need to seek the products of those farmers that do not utilize fertilizers for their crop. Additionally, the companies might also invest in decreasing greenhouse gas emissions worldwide. For example, the business could utilize renewable resource sources at their production plant to compensate the greenhouse gas emissions from using nitrogen-rich products.
In addition to the ecological expenses there are certain social costs connected with the food and beverage market which must be dealt with by the huge food and drink business to achieve the market development and to prevent the criticism from the environmental communities. Social costs connected with the industry includes the increasing health issues connected to obesity, heart disease, diabetes and so on. Nevertheless, the giant business could play a constructive function in addressing these concerns.
The business might move towards more healthy items by decreasing the quantity of hazardous substances in their processed foods i.e. dioxin, which could result in lethal human illness. Together with it, the companies must use more healthy ingredients instead of derivatives of Corn and Soy to increase variety of calories from their items. The companies could likewise do efforts to shift consumer tastes towards healthy items as they have controlled the consumer taste for couple of decades. In this method the giant food and beverage companies might play a constructive role in resolving social and environmental expenses associated with the market.
Evaluation of Sustainability at Supply Chain Management Practices At Nokia Corporation Case Study Analysis
There was a potential shift in the corporate strategy and goals at Case Study Solution. The new CEO was focused on investing in much healthier items for achieving sustainable development for the business together with offering much healthier future for the people and the world both. Under the new vision, the slogan of the business was also changed from the "enjoyable for you" to "better for you".
Human Sustainability
company obtained Quake Oats producing TrueNorth nut treats and SoBe, and Naked Juice producing soy beverages and organic beverages to present various healthier products in its portfolio. Despite of being considered a Case Solution's healthy brand, the products of Quake Oats consisted of a number of active ingredients which were harmful to health.
In addition to the inculcation of healthy brands in its portfolio through acquisitions, Supply Chain Management Practices At Nokia Corporation Case Study Solution has actually taken certain sustainability steps for its market locations. Among significant examples in this regard is the Company's marketing technique related to schools. The company markets just low calories and nutritious drinks options in schools.
Another action taken by Case Study Solution towards human sustainability is the shift of its focus towards research study and development for presenting new and healthy items in its portfolio. The business has increased its research study and development budget plan and has introduced an army of health researchers to create particular healthy items.
Ecological Sustainability
In this regard, the company dedicated to decrease its product packaging by millions of tones to avoid high quantity of wastages. The company has actually dedicated to minimize greenhouse gas emissions along with the achievement of performance in the energy usage.
On the basis of above analysis, it might be identified that the company has actually taken a number of actions towards human and environmental sustainability. These actions are still not sufficient to accomplish the desired industrial growth and to reduce the criticism over the social responsibility of Case Study Help.
Alternatives
Specific long term tactical alternatives could be obtained for the business on the basis of above analysis. These options can be examined on the basis of the fact that how the alternative would allow the company to attain its goal of possible growth and reduce the criticism over the business. Additionally, the alternatives might be evaluated on the basis of the time frame that would be taken by an option to be implemented in addition to the cost and risks connected to the alternative
Alternative-1: intro of a New Product line Related to Healthy Foods and Beverages
The very first step that Supply Chain Management Practices At Nokia Corporation Case Study Analysis could take is to introduce a new item line related to healthy food and beverages. The business needs to introduce a wide range of much healthier products by using its significant research study and development expenses.
Pros:
• Capability to target a great deal of consumers i.e. health mindful customers.
• Decrease of the criticism of environmental concerned societies and neighborhood advancement organizations.
• Satisfaction of the social obligation by settlement of the harmful items with healthy items.
• Could be carried out within couple of years i.e. 3 to 5 years.
Cons:
• Danger of failure of the new items in the market i.e. consumers might not like the taste and may not accept the much healthier products due to the addicting nature of hazardous products.
• The hazardous products in the product portfolio may make the incorporation of healthy products fail to decrease criticism.
• Huge cost of research study and development required to develop new healthy products.
Alternative-2: High level Acquisition of Health associated Companies
Another alternative choice to attain the potential growth and minimize the criticism is to obtain the health related business at a high level. Financial investment in these kind of companies would enable Supply Chain Management Practices At Nokia Corporation Case Study Analysis to introduce a large variety of healthier products within a brief time duration with no requirement of substantial research study and advancement expenses. The benefits and drawbacks connected to alternative 3 are given below:
Pros:
• Saving of huge amount of research study and advancement costs for brand-new item development.
• Incorporation of brand-new products within 2 years.
• Capability to target large number of customers i.e. health mindful consumers.
• Decrease of the criticism of ecological worried societies and community development companies.
• Fulfillment of the social responsibility by compensation of the dangerous items with healthy products.
Cons:
• The acquisition might not prove to change the image of Supply Chain Management Practices At Nokia Corporation Case Study Help as in case of Quake Oats.
• Requirement of huge amount of capital.
• Risk of failure of the new products in the market i.e. consumers may not like the taste and might not accept the much healthier products due to the addicting nature of dangerous products.
• The hazardous items in the product portfolio may make the incorporation of healthy products stop working to reduce criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative option for Supply Chain Management Practices At Nokia Corporation Case Study Solution is to replace all of its harmful products with much healthier products. This might be a substantial shift in business technique and the business model at business. The replacement of harmful items with much healthier items would totally change the marketplace position of the business and would need a large number of needed actions to be taken. The benefits and drawbacks associated with alternative 3 are provided listed below:
Pros:
• Modification of market position of Supply Chain Management Practices At Nokia Corporation Case Study Help
• Ability to target large number of consumers i.e. health mindful customers.
• End of all of the criticism of environmental concerned societies and neighborhood development organizations.
• Satisfaction of the social responsibility
Cons:
• Risk of failure of the brand-new items in the market i.e. consumers may not like the taste and may not accept the much healthier items due to the addicting nature of hazardous products.
• Big expense of research study and development required to construct new healthy products.
• Employee might resist over the modification in business design and organisation method.
• Variety of years needed for the application.
• Shift of focus from the core proficiencies.
Recommendations
With the deep analysis of the company's CSR, issues faced by the company and the current market scenario, Case Study Analysis is recommended to think about alternative 2 of high level of acquisition of health associated companies. As the acquisitions would make it possible for the business to save of substantial amount of research study and development costs for brand-new product development. Along with it, acquisitions would permit incorporation of new items within two years along with the capability to target big number of consumers.
This Supply Chain Management Practices At Nokia Corporation case study is writen by : Vivek Gupta
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