Question.876 - ScenarioYou are a Business Process Consultant for Kingston-Media and have been selected as a keynote speaker at an industry conference. To help you prepare, you will be writing a research brief for at the upcoming Supply Chain Conference, for one of the Fortune 500 companies in Kingston-Media’s client portfolio. InstructionsIn preparation for the conference, select a Fortune 500 company from the Pharmaceutical industry to create a research brief for use in building your presentation that will include the following: Evaluate the company uses of value chain management. Explain how the global business environment competitive forces affects the company’s operational success. Analyze the company’s primary and support operations management functions impact on organizational performance. Evaluate the effect of supply chain strategies and economic factors on the company’s profitability and sustainability financial practices. Discuss how the company has developed a differentiation strategy on workflow across the value chain or the organization. Summarize your findings and highlight some best practices. Provide attribution for credible sources.
Answer Below:
Kingston-Media xxxxxxxxxxxxxx Case xxxxxx Caravaca xxxxxxxxx University xxx Value xxxxx and xxxxxxxxxx Management xxxxxxxxxx Matthew xxxxxxx Cole xxxxxxxx and xxxxxxx Haynes xxxxx th xxxxxxxxxxxxxx Organizational xxxx Introduction xxxx research xxxxx evaluates xxx value xxxxx management xxxxxxxxx of x Fortune xxxxxxxxxxxxxx company xxx analyzes xxx impact xx the xxxxxx business xxxxxxxxxxx operations xxxxxxxxxx and xxxxxx chain xxxxxxxxxx on xxx company's xxxxxxxxxxxxxx performance xxx brief xxxx discusses xxx differentiation xxxxxxxxxx adopted xx the xxxxxxx to xxxxxxxx workflow xxxxxx the xxxxx chain xxxxxxx Overview xxx selected xxxxxxxxxxxxxx company xxx this xxxxxxxx brief xx Johnson xxxxxxx J x J x is x global xxxxxxxxxx company xxxx operates xx three xxxxxxxx segments xxxxxxxxxxxxxxx medical xxxxxxx and xxxxxxxx health xxxxxxxx J x has x strong xxxxxxxx in xxxx than xxxxxxxxx worldwide xxx employs xxxx people xxxxxxx Johnson xxxxxxxx Johnson xxxxxxx has x robust xxxxxxxx management xxxxxxx in xxxxx to xxxxxxxxx that xxxxxxxxx satisfy xxx company's xxxxxxxxxxxxx and xxxxxxxxxxx criteria xxxxxxx Johnson xxxxxx supplier xxxxxxxxxx and xxxx assessments xxx among xxx tools xxx procedures xxxx by xxx organization xx analyze xxx monitor xxx performance xx its xxxxxxxxx Manufacturing xxxxxxx Johnson's xxxxxxxxxx sites xxx situated xxxxxx the xxxxx and xxxxxx a xxxxxxx of xxxxx such xx medicines xxxxxxx equipment xxx consumer xxxxxxxxxx products xx enhance xxxxxxxxxxxxx efficiency xxx eliminate xxxxx the xxxxxxxxxxxx employs xxxx manufacturing xxxxxxxxxx In xxxxxxxx the xxxx places x high xxxxx on xxxxxxx management xxx has xxxxxxxxxxxx Six xxxxx approaches xx its xxxxxxxxxx operations xx minimize xxxxxx and xxxxxxxx quality xxxxxxx Johnson xxxxxxxxxxxx Johnson xxxxxxx manages xxx distribution xxxxxxxxxx through x network xx third-party xxxxxxxxx companies xxx organization xxxxxxxxx good xxxx with xxx logistics xxxxxxxx to xxxxxx that xxxxx are xxxxxxxxx on xxxx and xx the xxxxxx possible xxxx Johnson xxxxxxx Hoque xx al xx addition xxxxxxxxxx is xxxx by xxx organization xx enhance xxx distribution xxxxxxx and xxxxxxx visibility xxx control xxxx its xxxxxx chain xxxxxxxx Support xxxxxxx Johnson xxx a xxxxxxxxxxxxxxxx company xxxxxxx focusing xx satisfying xxx needs xxx expectations xx its xxxxxxxxx The xxxxxxxxxxxx has x well-established xxxxxxxx service xxxxxx with xxxxxxxx tools xx place xx uncover xxxxx for xxxxxxxxxxx Data xxxxxxxxx is xxxx used xx the xxxxxxxxxxxx to xxxxxx understand xxxxxx preferences xxx patterns xx behavior xxx to xxxxxxx its xxxxx and xxxxxxxx Hoque xx al xxxxxxxxxx of xxx Value xxxxx J x has x sophisticated xxxxx chain xxxxxxxxxx system xxxx incorporates xxx of xxx business xxxxxxxxx activities xxx value xxxxx of xxx firm xxxxxxxx incoming xxxxxxxxx operations xxxxxxx forwarding xxxxxxxxxxx and xxxxx and xxxxxxx Hoque xx al x J's xxxxx chain xxxxxxxxxx techniques xxx centered xx lowering xxxxx increasing xxxxxxxxxx and xxxxxxxxxx customer xxxxxxxxx Business xxxxxxxxxxx The xxxxxxxxx of xxxxxx Competitive xxxxxx Johnson xxxxxxx works xx an xxxxxxxxx competitive xxxxxx business xxxxxxxxxxx influenced xx a xxxxxxx of xxxxxxxxxx The xxxx powerful xxxxxx are xxx danger xx potential xxxxx copying xxxxx demand xxxxxx buyer xxx supplier xxxxxxxxxxx power xxx threat xx replacements xxx competition xxxxx current xxxxxx Johnson xxxxxxx is x highly xxxxxxxxxxx firm xxxx engages xx a xxxxxxx of xxxxxxxxxx industries xx focusing xx research xxxxxxxxxxx innovation xxx strategic xxxxxxxxxxxxxx with xxxxx firms xx the xxxxxx the xxxxxxx has xxxx able xx sustain x competitive xxxx Johnson xxxxxxx according xx Hoque xx al xxxxxxxx an xxxxxxxxx supply xxxxx management xxxxxxxxx that xxxxxx it xx limit xxx influence xx competitive xxxxxxxxx on xxx operational xxxxxxxxxxx Some xx these xxxxxx include xxxxxxxx volatility xxxxxxxxx instability xxxxxxxx customer xxxxx and xxxxxxxxxxxxx advancements x J xxx responded xx these xxxxxx by xxxxxxxx a xxxxxxxxx approach xx managing xxx operations xxxxx enables xx to xxxx ahead xx the xxxxxxxxxxx For xxxxxxx the xxxxxxx has xxxxxxxx in xxxxxxxx technology xx enhance xxx manufacturing xxxxxxxxx and xxxxxxx product xxxxxxx The xxxxxxxxxxxx has xxxxx a xxxxxx supply xxxxxxx and xxx cutting-edge xxxxxxxxxxxx to xxxxx and xxxxxx inventory xxxxxx This xxxxxxx the xxxxxxxxxxxx to xxxxx swiftly xx changes xx market xxxxxx while xxxxxxxx the xxxx of xxxxxxxxx Economic xxxxxxxxxx political xxxxxxx fluctuating xxxxxx requirements xxx technology xxxxxxxxxxxx are xxxx of xxxxx influences xxxxx et xx J x has xxxxxxxxx to xxxxx dynamics xx taking x proactive xxxxxxxx to xxxxxxxxxx management xxxxxxxx it xx remain xxxxxxxxxxx in xxx marketplace xxx instance xxx corporation xxx invested xx cutting-edge xxxxxxxxxxxx to xxxxxxx manufacturing xxxxxxxxxx and xxxxxxx quality xxxxxxxxxx Management's xxxxxx on xxxxxxxxxxxxxx Performance xxxxxxx Johnson's xxxxx operations xxxxxxxxxx activities xxxxxxx product xxxxxx production xxxxxxxxxx and xxxxxxx management xxxxx functions xxxx a xxxxxxxxxxx influence xx the xxxxxxxxxxxxxx success xx the xxxxxxxxxxx Johnson xxxxxxx is xxxxxxxxxx for xxx unique xxxxxxx designs xxxx are xxxxxx to xxxxxxx client xxxxxxxxx demands xxxxxx The xxxxxxxxx product xxxxxx process xxxxxxxx considerable xxxxxxxx and xxxxxxxxxxx to xxxxxxx the xxxx quality xxxxx Another xxxxxxxxx operations xxxxxxxxxx job xx Johnson xxxxxxx is xxxxxxxx planning xx boost xxxxxxxxxx capacity xxx corporation xxx made xxxxxxxxxxx investments xx its xxxxxxxxxxxxx facilities xxxxxx The xxxxxxxx planning xxxxxxx at xxx organization xxxxxxx projecting xxxxxx demand xxx assigning xxxxxxxxx to xxxxxxx that xxxx This xxxxxxxxxx that xxx firm xxx satisfy xxx consumers' xxxxxxxxxxxx while xxxxx maintaining x competitive xxxxxxxxx in xxx market xxxxxx for xxxxxxx Johnson xxxxxxx control xx a xxxxx support xxxxxxxxxx management xxxx The xxxx has xxx in xxxxx a xxxxxx quality xxxxxxx framework xx verify xxxx its xxxxx satisfy xxx highest xxxxxxxx standards x team xx quality xxxxxxx specialists xxxxxxxx the xxxxxxxxxxxxx process xx guarantee xxxx the xxxxx are xx the xxxx standard xxxxxxxxxxxx of xxxxxxxxx Practices xx Supply xxxxx Strategy x J xxx been xxxxxxxxxx in xxxxxxxxxxxx innovative xxxxxx chain xxxxxxx that xxxx contributed xx the xxxxxxxxx significant xxxxxxxxxxxxxx of xxxxxxxxxxxxx and xxxxxxxxxxxxxx Strategic xxxxxxxxx new xxxxxxxxxx and xxxxxxxxxxx excellence xxx used xx improve xxx efficiency xxx effectiveness xx the xxxxxxxxx supply xxxxx management xxxxxxxxxx Kovach x J xxx also xxxxxxx a xxxxxxxxx procurement xxxxxx to xxxxxxxxxx on xxxxx and xxxxxxxx expenses xxxxx economic xxxxxxxxxx including xxxxxxxxx mortgage xxxxx and xxxxxxxx exchange xxxxx additionally xxxx an xxxxxx on x J's xxxxxxxxx practices xx limit xxx risks xxxxxxx to xxxxxxxx changes xxx firm xxxxxxx a xxxxxxx program xxxx has xxxxxxxx it xx maintaining xxxxxxxxxx financial xxxxxxxxxxx Additionally x J xxx concentrated xx sustainable xxxxxx chain xxxxxxxxxx strategies xxxxx have xxxxxxx it xx decrease xxxxx and xxxxx profitability xx the xxxx run xxxxxx J xxx creative xxxxxx chain xxxxxxxxxx and xxxxx on xxxxxxxxxxxxxx have xxxxx the xxxxxxxxx profitability xxx long-term xxxxxxxxx Many xxxxxxxx conditions xxxxxx the xxxxxxxxx financial xxxxxxxxx but x J xxx established xxxxxx risk xxxxxxxxxx techniques xx preserve xxxxxxxxxx financial xxxxxxxxxxx Workflow xxxxxxxxxxxxxxx Strategy xx a xxxxxxxxxx to xxxxxxxxxx in xxxxx of xxxxxxxxxx operational xxxxxxxxxxxx and xxxxxxxx centricity x J xxx built x differentiation xxxxxxxx in xxx workflow xxxxxx the xxxxxxxxxx The xxxxxxxxx operational xxxxxxxxxx programs xxx aimed xx lowering xxxxx improving xxxxxxx and xxxxxxxxxx operational xxxxxxxxxx J x has xxxx created xx innovation xxxxxxx allowing xx to xxxxxxx new xxxxx and xxxxxxxxxx to xxxxxxx the xxxxxxxx demands xx its xxxxxxx Kovach xxxxxxxxxxx J x has xxxxx a xxxxxxxxxxxxxxxx value xxxxx strategy xx harnessing xxxxxxxx feedback xx improve xxx goods xxx services xxxxxxxx input xx used xx build xxxxx that xxxxx unique xxxxxx demands xxx preferences xx addition x J xxx adopted x collaborative xxxxxxxx to xxxxxxx with xxxxxxxxx allowing xx to xxxxxx goods xxxx are xxxx creative xxx cost-effective xxxxxx References xxxxx M x Uddin x N xxxx M x Johnson xxxxxxx Analyzing xxx Supply xxxxx Management xxxxxxxxxx International xxxxxxx of xxxxxxxx and xxxxxxxxxx - xxxxx doi xxx ijbm x n x Johnson xxxxxxx Customer xxxxxxx Retrieved xxxx https xxx jnj xxx customer-service xxxxxxx Johnson xxxxxxxxxxxx Retrieved xxxx https xxx jnj xxx distribution xxxxxxx Johnson xxx Company xxxxxxxxx from xxxxx www xxx com xxxxxxxxx Johnson xxxxxxx Supplier xxxxxxxxx Retrieved xxxx https xxx jnj xxx supplier-diversity xxxxxxx Johnson xxx Manufacturing xxxxxxxxxx Retrieved xxxx https xxx jnj xxx about-jnj xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Johnson xxxxxxxxxxx Procurement xxxxxxxxx from xxxxx www xxx com xxxxxxxxxxxxxxxxxxxxxxx Kovach x Johnson xxxxxxxxx supply xxxxx excellence xxxxxxxxxxxx Retrieved xxxx https xxx industryweek xxx supply-chain xxxxxxx johnsonjohnsons-supply-chain-excellenceMore Articles From Business Management