Question

Mattel's

1. Does Mattel’s supply chain/outsourcing model provide a competitive advantage? How?

Answer 1

Answer :

The strength of the Mattel supply chain allows it to sell new goods more efficiently than any of its competitors and with the introduction of technology into its goods it becomes more important than ever. Managing a supply chain of this nature is not easy, but the global supply chain of the business is essential for the success of the company. The company is a collection of various activities that have a certain connection. This is not necessary for Mattel to sell all its international business operations. The strength of the Mattel supply chain allows it to sell new goods more efficiently than any of its competitors and with the introduction of technology into its goods it becomes more important than ever. Managing a supply chain of this nature is not easy, but the global supply chain of the business is essential for the success of the company. The company is a collection of various activities that have a certain connection. This is not necessary for Mattel to sell all its international business operations.

The increased flow of information will help the organization recognize, manage, and rising external threats. Ongoing evaluation of the value chain can lead to the timely filing of significant lacuna that can have an adversarial impact on the productivity of an enterprise. The management of inventories also improves as Mattel can minimize delays by monitoring activities in the supply chain. The approach to the Value Chain suggests the company should consider such operations as sources of economic rent. Such practices can also serve as obstacles to entrants or trigger costs to competitors. The study of the behaviors in the value chains should be carried out to identify the sources of competitive advantage. Mattel may either take advantage of the cost benefits by operations, marketing, and other relevant value-added activities or can use the human capital, technology, equipment, services, or other related activities to lay the foundation for the strong distinction. By reducing costs related to supply chain operations, Mattel may make use of the cost advantages.

Another example of the value chain analyzing uses value chain information to produce a small advertising budget, which can reduce marketing expenses and offer the product at an affordable cost. Nevertheless, it requires the company, first of all, to map the activities and the operations and ensure competitive success. If Mattel is to achieve product differentiation, value chain analyzes will assist the company in maximizing efficiencies and improving the quality of its products through improved processes. Work with a third-party organization can help to increase access to its resources. The connection between a value chain and cost management strategy reflects the parallel focus on low-cost business operations. Research and participation in the right company will make an organization better, make life simpler, and allow more to be achieved. For better profitability, output maximization, and competitive success of Mattel, the analysis of operational activities is critical. Improved efficiency will lead to Mattel 's continued economic development, improve competitiveness, and provide a strong foundation for competitive advantage. Mattel should evaluate and refine the result logistics to identify competitive advantage opportunities and achieve its market growth objectives. An advantage of value chain analysis for Mattel is that it can use analysis as an instrument for negotiating the best prices and maximizing the transportation processes inbound and outside.

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