Cell Phone Market Is Global In Scope, Essay

PAGES
3
WORDS
1238
Cite

¶ … cell phone market is global in scope, with manufacturers and distributors in most of the developed world. However, there are five top-tier firms that clearly dominate the market: Nokia, Samsung, LG, Motorola and Sony Ericcson. These five firms account for about 70% of the global business. Nokia is in Finland, Motorola in the United States, the rest are Asian. Second tear firms are Apple, Research in Motion, and HTC. The industry is extremely complex, and the supply chain is concentrated in Asia. The industry is so competitive, in fact, that most of the companies outsource much of their products to Asian manufacturers. Initially, this market segment was set up as a price-driven product. Latently, though, the manufacturers compete and differentiate based on technological innovation (email, digital mapping, music, video, etc.). The key to competition in the U.S. is signing contracts with the major service providers (AT&T, Sprint, Verizon, and T-Mobile). This is not so true elsewhere, where unlocked phones and smaller carriers are a greater option (U.S. International Trade Commission, 2010) Part 2 -- When price is not an option for competitive edge (e.g. markets, costs, competitive pressures, etc.) two things can be done to improve revenues. The first is cost control, which is internally looking at the processes from design and manufacturing through distribution, and finding ways to cut costs. A Six Sigma model, for instance, would allow a company to find weaknesses in its production or quality control (e.g. waste, redundancy, etc.). Changing the supply chain to a more automated, just in time inventory with the suppliers hooked up to the same system would avoid costs of stored inventory, introducing extended automation would also cut human resource costs, and as negative as the image has, outsourcing some of the functions of the company would reduce costs and redundancies. The second thing a company...

...

Each of these would work with Quasar, depending on the tactical and strategic direction the company wishes (Pries & Quigley, 2012).
This strategy could easily be applied to the U.S. Post Office. While they are more automated than previously, there is still a great deal of hand sorting, redundant routes, and inefficiency. For instance, Priority Mail has no time guarantee, but is sent out on a separate truck so that it intersects with other routes; USPS has a web site, but there are many things and destinations that consumers may not do from home, so they must stand in line. Unionism and job protection has hurt the service, to the point that there are stations closing as well as cutbacks on services. Placing a lean six-sigma model to increase efficiency and use more modern technology (Optical recognition, etc.), combined with smart navigation systems for routing would improve efficiency and revenues.

Part 3 -- Information technology and knowledge management are ways that modern businesses of all sizes can increase overhead and business costs, as well as improve customer retention and efficiency. Ford Motors, for instance, had a tough time in the early part of this century. Costs were increasing, imports were cutting into their market share, and union demands were making it almost impossible to regain market share. One of the answers was to use technology to streamline the assembly process and reduce steps, increase robotics, and revamp the supply chain technologies so that each part was delivered at the exact right time with a new standard of quality. Previously, a human had to look at certain parts to ensure they met standards; new robotic technology allows the door frame, for instance, to be scanned for tolerances and welded at the same time. If the…

Sources Used in Documents:

Works Cited

Gross Domestic Product. (2011, March). Retrieved from Global Exchange: http://www.globalexchange.org/resources/econ101/gdp

Business-Cycle Conditions. (2013, February 13). Retrieved from American Institute for Economic Research: https://www.aier.org/research/business-cycle-conditions

Hesselbach, J., & Hermann, C. (Eds.). (2011). Functional Thinking for Value Creation. New York: Springer.

Leonhardt, D. (2009, April 28). After the Great Recession. Retrieved from The New York Times Magazine: http://www.nytimes.com/2009/05/03/magazine/03Obama-t.html.
Perlo, A. (2012, December 16). The U.S. Economic Situation and the 2012 Elections. Retrieved from Political Affairs.net: Retrieved from: http://politicalaffairs.net/the-us-economic-situation-and-the-2012-elections
U.S. International Trade Commission. (2010, March). Industry and Trade Summary. Retrieved from USITC.GOV: http://www.usitc.gov/publications/332/ITS_5.pdf


Cite this Document:

"Cell Phone Market Is Global In Scope " (2013, February 24) Retrieved April 26, 2024, from
https://www.paperdue.com/essay/cell-phone-market-is-global-in-scope-86192

"Cell Phone Market Is Global In Scope " 24 February 2013. Web.26 April. 2024. <
https://www.paperdue.com/essay/cell-phone-market-is-global-in-scope-86192>

"Cell Phone Market Is Global In Scope ", 24 February 2013, Accessed.26 April. 2024,
https://www.paperdue.com/essay/cell-phone-market-is-global-in-scope-86192

Related Documents

mobile phone and telecommunications industry is one of the fastest changing industry in the world. Within short periods of time, new technologies and designs are appearing on the market and it is often a challenge to keep pace with them. Further more, the latest change have shown a certain translation from the primary objective of such a product, communicating at all times, transforming it into a product that carries

Cell Phones for Outside Salesman Proposal Letter Dear Sir: The objective of this letter is to propose that our pharmaceutical sales team be brought into the twenty first century by becoming equipped with company sponsored cell phones. The initiative will meet the company's high standards of ethics and integrity and would increase our ability to meet the responsibility we have to our customers, their families, our employees, the environment and to the societies

Conclusion Standing at the pivotal point of a changing world economy offers companies and business organizations new opportunities, but they must heed the lessons learned thus far, and make wise and pragmatic business decisions. These business choices are responsible for bringing about a stable world economy. Kemal Davis (2005) at the Financial Times and International Finance Corporation, summed it up this way: "Given the scale of the challenge we face, there has

Daily teleconferences with business officers and frequent irregular visits by the same and other business officers will ensure compliance and efficiency standards are being met. Key stakeholders in the factory could eventually include certain business users and clients, and in this event procedures for their own monitoring and inspection of manufacturing processes and conditions can of course be developed and implemented, allowing for a broader range of monitoring goals

APPLE INC: iPhone Apple Inc.: I Phone The mobile telecommunications industry is considered one most important sector within the community market, which represents half of the 1.1 billion euros they billed annually worldwide (Merkow and Breithaupt, 2006, p66-69) Since the technology created in the 40s of last century, to the art terminals, you can say that the mobile phone has a global history in the sense that its development has slowed or

Citizen of the World There are generally two types of people when it comes to daily life, culture and so forth. There are those that like to be in their own cultural space. They wish for that space to be free from interference and from influences from other cultural forces. On the other hand, there are those that actively prefer to interact with and seek out alternate and different viewpoints, societies