4426 APRIL 19, 2012 RICHARD G. HAMERMESH SUNRU YONG Meli Marine It was past midnight, but David Tian, CEO of Singapore-based Meli Marine, could not sleep. The next board meeting was just two weeks away in early February 2008. Edwin Chang, the founder of the company and chairman of the board, had called earlier to hear Tian’s assessment of a potential acquisition. “This could be the biggest turning point in Meli’s history,” Chang had said. “Are we ready to become a global player?” Tian had to admit that he had not yet reached a conclusion. The acquisition under consideration was of the vessel assets of an indirect competitor, Teeh-Sah Holdings. Tee-Sah operated a container carrier business in the trans-Pacific, Asia-to-North …show more content…
There are five key segments in the container-shipping value chain: container delivery, shipment origination, vessel operations, terminal operations, and inland delivery (see Figure A for an overview). Figure A Container Shipping Value Chain Container Delivery K ey Activities • Ownership of containers • Storage and maintenance Shipment Origination • Shipment routing • Capacity procurement Vessel Operations • Terminal control and operations • Control of trucks and railroads • Maintenance and sailing of vessel • Container handling and transshipments • Container handling and transshipments • Third-party terminal operators • Railroads • Customer service, billing, and tracking • Manufacturers • Freight forwarders • Container carriers • Leasing companies • Container carriers • Third-party charter companies • Container carriers Inland Delivery • Ownership of vessel • Repositioning Competitor types Terminal Operations • Captive terminal operators • Container carriers • TL and drayage truckers • Container carriers (limited) Industry players varied in their degree of integration across this value chain. For example, China International Marine Containers (CIMC) focused exclusively on
industry covers services and platforms with a vast variety of focal markets. The portion of the
The industry is dominated by a few large companies. For example, the A&D industry is dominated by the top players
Yong Li, one of the AM’s for the firm has already achieved a certain extent of success within the primary focus of Intel’s strategy to develop connections and associations with the clients in his account base. Li is conscious to the fact that his accomplishments as an Intel ambassador is unquestionable and consequently to bring in additional value to his role he has placed effort, time and plan to one of the individual projects he has undertaken to self improvise and take a comprehensive approach to the detailing of the particular project. Li is self driven to achieve stiff targets that he sets out for himself, however the decision received from Tang’s office to scrap out the project indirectly
Leary isolated Chung from the beginning by having him solely manage the Taiwanese market. Instead, Leary should have involved other employees to work on a team with Chung to help develop new business with the Taiwanese market. By building team collaboration, Leary would have helped Chung assimilate into the organization’s culture and feel a part of the team.
Chung has been operating under what he feels are the established norms for his culture. Ted's relationship with the Taiwanese client exhibits the Chinese management principles of paternalism, particularism, and insecurity. The patron-client relationship is based in a sense of mutual obligation, where the client is expected to defer to Ted's expertise and Ted is expected to trade the account responsibly. (Moorhouse, 2005) Ted also used social networking to establish himself in the community which is expected in the Chinese culture. By attending events Ted increases his “visibility and prestige” which contributes to the face that is needed to be considered a trustworthy business partner
Please be reminded that our next Board of Directors meeting is scheduled for Thursday, April 20, 2017 at 8:00 AM at our office.
Reportedly, analysts mentioned that Cisco’s supply chain structured like a pyramid. Based on Figure 2 below, there were quite a number of contract manufacturers on the second tier who were responsible for final assembly and they were dependent on large sub-tier companies for components such as processor chips and optical gear. And in turn, those companies were dependent on an even larger base of commodity
A few weeks earlier, John M. Case, board chairman, president, and sole owner of the
The Dieker Container company is suffering from a decline in sales of its main product. The product nonbiodegradble plastic cartons were originally given a life span of 8 years of production. Edward Mohling, president of Dieker Container company instructs Betty Fetters to lengthen the life span from 8 to 12 years. Betty Fetters is hesitant to make the change, ruling that increasing the life span of the product, to increase the net income is unethical. If the life span of the product is increased, the vendors of the product would suffer and the company would not purchase their equipment. The shareholder would also be affected by this lengthening of the product because the net income would be overstated. Changing the length of a products life
Due to the amount of similarity between the business units I am not going to separate them out to deal with them, they are all commodities on which similar forces are having similar impacts. To demonstrate and categorise these industry features I am using Michael Porter's 5 forces framework (Johnson et al, 2005)
Founded in 1992 by Lu Quin with a small investment, a ceramics machinery manufacturer. They modeled their business after the European market leaders. By 2002, they got listed on the shanghai Stock Exchange, in 2009 they reported revenues of US$209M almost double the amount of 2006.
A company won’t integrate vertically its production if it against its business interest. There are some vertically
highly fragmented with at least 20 major manufacturers in each technology segment. Because of the
The situation for new entrants was very complex in china; acquisition of cities took much longer than in developed countries. Starting a new business in china was not a rapid process. Making relationships between channels was a slow process, because manufacturers, distributors, and other actors preferred to negotiate with people who they knew before, in china personal relationships are quite important in businesses. Some factors that influenced this process were
Baosteel had to integrate, both horizontally and vertically, in order to increase production capacity while better controlling for key elements of the value chain.