Sunday, February 16, 2020

Evaluating an International Human Resource Strategy (Obb) Essay

Evaluating an International Human Resource Strategy (Obb) - Essay Example The report has been concluded along with certain recommendations that might prove to be effective for the company in the future context. The face of business has changed considerably over the last few decades owing to the advancement of technology and the aspect of globalisation that has shortened national and international barriers of business. Furthermore, the rise of competition in the global business scenario also worked towards the changing the nature of the business world altogether. These aspects further give rise to the need for companies to develop strategies to make a mark for themselves amid the potential customers and gain a competitive edge over the major competitors (Ivanko, 2013). There are various functions of any business that integrate together and form the foundation for conducting business in an effective and efficient manner altogether. Among the various functions that are associated with the operations of any business, the functions of human resource management are deemed to be quite vital. The human resource department of any business is directly responsible to deal with the various issues as w ell as operations that are relevant to human resource of the business. The role of an HR manager is deemed to be quite prominent with regard to modern day business operations and it is prevalent in every domain of the business (Martin, 2008). This particular report will mainly focus on evaluating a human resource strategy of an international organisation i.e. H&M. The report will primarily highlight the strategy of the company with regard to entering a new market through conducting joint venture with a particular company. The company that will be considered for joint venture in this report will be Cia Hering of Brazil. H & M Hennes & Mauritz AB is one of the foremost companies, which is operating in the retail clothing sector

Monday, February 3, 2020

Manufacturing Technology Annotated Bibliography Example | Topics and Well Written Essays - 750 words

Manufacturing Technology - Annotated Bibliography Example The most productive technology is logistics management for maximum productivity (Bielecki and Szymonik 2011). Manufacturing Technology has adverse effects on the Supply Chain Management, and with the betterment of this technology, companies can better their productivity and ultimately profits. Logistics management is essential in bettering the management of the supply chain. Logistics is a vital area in supply chain management, and through it, companies can better their production volumes. An example of a logistics approach to manufacturing is the 7R rule. It includes right product, quantity, condition, place, time, customer and at the right price (Choi, Dai, and Song 2004). This strategy betters the supply chain management, since the companys goods reach the market as intended, maximizing demand and customer loyalty. In any manufacturing industry, the level of competition is very high, demanding control measures to maintain a companys market. The approach to cost rationalization aims at ensuring favorable of competition of the products with other rivals. The company, therefore, has an improved system for managing the supply chain with the lower prices. With the reduced prices compared to rival companies, the organization obtains a well-developed supply chain, where their products are in demand. Provision of logistic security is very helpful in terms of bettering the management of the supply chain. It allows the organization to undertake its tasks with no worries of information leakage or loss. Logistics management improves the organizations information security, making it much easier due to the protection. Competitors cannot access the companys information on supply chain management, allowing it to gain competitive advantages and thrive in the competition. Through logistics, companies can manage the flow of information