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Case: Samyeong Cable Company

Essay specific features

 

Issue:

Business

 

Written by:

Edna B

 

Date added:

March 27, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 854

 

Was viewed:

5335 times

 

Rating of current essay:

 
Essay content:

This will utilize strategies aimed at being responsive and flexible to the rapid design changes required in the production of automotive cables. This will also cater to Hyundai's criteria of high technological capacity. Why focus on high technological capacity and not on the acquisition of the specific product? ? It sustains Hyundai's aim of a cooperative partnership-like single supplier relationship which will also build long-term supply contracts which is prevalent in a stable manufacturing process ? It initiates suppliers to improve their long-term capability ? It will protect Hyundai from direct conflict with suppliers if specific product acquisition is used ? Previous problems with vulnerabilities to unexpected difficulties, i...
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labour disputes, are reduced ? In the long run, it will help develop in improving quality, cost and production through cooperative development With the presence of long standing supplier relationships, the company could also negotiate lower costs and even aid the supplier company to reduce production costs and thus prices...
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