term. Discuss if film technology is truly a core competency of Santek.
The concept of a core competency is, “the main strengths or strategic advantages of a business, including the combination of pooled knowledge and technical capacities that allow a business to be competitive in the marketplace”. (Core Competencies, n.d.). I believe that, currently Santek has core competency, because only one other company in the world uses similar technical skills as Santek. but as we have all seen in our history, that film industry along with their technology has changed every couple of years, for the better in my opinion. With the way technology is developing, digital film is more of the art these days than instant film. “Of the 12 contract manufacturers …show more content…
It would depend on what the firm is looking for. If the firms are looking to share risk and opportunity then they should be in a partnership, if the firm requires to outsource products then they should be in an alliance.
6. Develop a process that firms can use when identifying and developing supply chain alliances.
1. Gathering data needed - gathering data that is needed for each department is the first step. This involves the services and materials that are provided by the suppliers. To achieve this part, I would conduct interviews and review work/purchase orders
2. Finding suppliers - here you need to find suppliers that have common goals and ones that will fill the companies needs to in the first step. You can also negotiate with the alliances that best fits you both.
3. Negotiations - while you negotiated in step 2, here you can do a more detailed negotiation prior to the agreement. After all aspects; service and pricing issues, a document can be formed for basis of the alliance. This document should be used a reference or guide to look back at in case there are issues or situations to be solved together. Being clear on this document will help for success instead of …show more content…
Training as required here - in order for the business to take off in the right direction, training is key. Having your personnel trained helps you find what is needed, such as equipment, and it can also help with reducing waste, reduce costs to be more efficient.
5. Auditing/monitoring/evaluating the system - auditing the process that is in place is crucial. Maybe here you can set up a quarterly monitor/evaluation system to see how things are working/not working and fix them on the spot
6. Preventing risks - trusting within the alliances will help reduce and hesitation between the manufacturers and
The concept of a core competency is, “the main strengths or strategic advantages of a business, including the combination of pooled knowledge and technical capacities that allow a business to be competitive in the marketplace”. (Core Competencies, n.d.). I believe that, currently Santek has core competency, because only one other company in the world uses similar technical skills as Santek. but as we have all seen in our history, that film industry along with their technology has changed every couple of years, for the better in my opinion. With the way technology is developing, digital film is more of the art these days than instant film. “Of the 12 contract manufacturers …show more content…
It would depend on what the firm is looking for. If the firms are looking to share risk and opportunity then they should be in a partnership, if the firm requires to outsource products then they should be in an alliance.
6. Develop a process that firms can use when identifying and developing supply chain alliances.
1. Gathering data needed - gathering data that is needed for each department is the first step. This involves the services and materials that are provided by the suppliers. To achieve this part, I would conduct interviews and review work/purchase orders
2. Finding suppliers - here you need to find suppliers that have common goals and ones that will fill the companies needs to in the first step. You can also negotiate with the alliances that best fits you both.
3. Negotiations - while you negotiated in step 2, here you can do a more detailed negotiation prior to the agreement. After all aspects; service and pricing issues, a document can be formed for basis of the alliance. This document should be used a reference or guide to look back at in case there are issues or situations to be solved together. Being clear on this document will help for success instead of …show more content…
Training as required here - in order for the business to take off in the right direction, training is key. Having your personnel trained helps you find what is needed, such as equipment, and it can also help with reducing waste, reduce costs to be more efficient.
5. Auditing/monitoring/evaluating the system - auditing the process that is in place is crucial. Maybe here you can set up a quarterly monitor/evaluation system to see how things are working/not working and fix them on the spot
6. Preventing risks - trusting within the alliances will help reduce and hesitation between the manufacturers and