BUSI 1694: Analysis of Levi Strauss & Co. Supply Chain Management

Verified

Added on  2022/12/16

|10
|2095
|1
Report
AI Summary
This report analyzes the supply chain efficiency of Levi Strauss & Co., a global clothing organization. It begins with an introduction to supply chain management and its importance, then delves into strategic analysis for multinational enterprises, including insourcing and purchasing strategies, and stakeholder identification. The report examines the multifaceted nature of foreign entry, corporate social responsibility principles, and the role of international marketing in achieving competitive advantage. It also explores innovation's role in gaining a competitive edge, the differences between IHRM and HRM, and the functions of finance and accounting in multinational operations, concluding with a discussion of international production and logistics. The report provides insights into various aspects of supply chain management and its implications for the business.
Document Page
Managing efficiency in
a global supply chain
The case of Levi
Strauss & Co
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
CONCLUSION ...............................................................................................................................6
REFERENCES................................................................................................................................8
Document Page
INTRODUCTION
A supply chain is the global network of all the respective, management, resources,
activities and application that are involved in the creation and marketing of the commodity. A
supply chain include the sections of delivery of various sources of materials from the supplier to
the manufacturer hence, to ultimate the delivery to their point user (Ban, 2020). The management
consider in this report is Levi Strauss & Co. Its an American clothing organizations that are
globally known as Levi's with headquarter at San Francisco, California. It was founded by Levi
Strauss at May 1, 1853 and termed it as public organizations.
MAIN BODY
Importance of strategy for multinational enterprises
The strategic analysis and multinational strategic analysis relates to the role of larger and
international surrounding. Insourcing and purchasing as in the foreign competition of two
strategies that are commonly used by multinational companies of all form of variety. Insourcing
mention their source as per to the multinational company that determine a certain business
practice or set of pattern to another country. It provides the benefits that are depends upon the
organisation of business and its practices as where the organisation determine the business
exercises. Various sort of areas in the world give less costly labour for working in the production
of products such as textiles of jeans in Levi's. One of the most important point is that the
company determine the challengers from the marketplace as if both of the company were not
directly competing at that point in period of time. If the organisation did not antecedently have a
presence in the nation or region where the fresh purchased organisation functions the
international organisation to expands its area of influence in the market.
Identify stakeholders of multinational enterprises and the role of ownership
The Internal stakeholders are respective or the part of the groups who are instantly and
economically that are involved in the functional procedure. External stakeholders are not directly
attract by the management functions (Das, Shaw, and Irfan, 2020). Workers and executives are
the internal stakeholders that have impacted by structural plan of actions and its growth and
development with some influence on the organization’s decision making skills. Individuals or the
owners in the business have a larger impact on structural management that takes a larger amount
of responsibility to be get compared to executives and employees. Business are the complex
Document Page
portion in the social surrounding of ecosystem that both has an impacted at the wide variety of
groups in the external surrounding. As a leader or manager of Levi's at the management can
understanding as both the internal and external stakeholder necessity that is a central duty.
Determination should be made in the manner to ensures all stakeholders that are considered in
the form of market.
Multifaceted nature and complexity of foreign entry and operating modes
The multifaceted nature of business method that lighten the demand of large logical
thinking to measure the various stakeholders orientation and appearance in the business. Key
performance indicator's factors are affecting these segmentations and the relationships that states
between them in the business organization (De Marchi, and et.al., 2019). Levi's follows the
complex system of modelling and their approaches that have the capability to accurately
symbolise the varied quality of a complex organization. These models can give a impulsive view
of orientation in the structure of the complex business enterprise that lighten the information that
suits as appropriately to particular stakeholders. In such an enterprise it is clearly simple for
stakeholders to lose visual image of the total subjective terms and involvement of other
stakeholders with the set of implications of their actions on other procedure and result in the
group. With the quality of international operating surrounding of the management that should
consider the economic, technological, legal, social cultural and surrounding factors.
Principles of corporate social responsibility (CSR)
Corporate social responsibility (CSR) also known as corporate citizenship that is a
business concept by which cultural and environmental factors are concerns to initialise the
integrated into the company operations in the business. As the principles of the corporate social
responsibility in the context of the Levi's that are as follows :
Principle 1: Enterprise should help and encourage in respect to the protection of global declared
human rights in the business (ElMessiry, ElMessiry, and ElMessiry, 2019).
Principle 2: Commercial enterprise should ascertain that they are not implicate in human rights
mistreatment.
Principle 3: Business organization should continue the state of social activities and the effectual
term for identifying of the exact manner in corporate dealing.
Principle 4: Business enterprise should also continue the removal of all sections that are forced
and required labour.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Principle 5: Enterprise should carry the effectual termination of social class and child labour.
Principle 6: Commercial enterprise should maintain the excretion of social control in order of
business and activities.
Principle 7:Enterprise should encourage a preventive concept to get deal with the environmental
situations.
Principle 8: Enterprise should set their goals and objectives to advance the greater environmental
social control in the business.
Principle 9:Business enterprise should encourage the growth and action of surrounding friendly
techniques (Etgen, Ritter, and Sarni, 2021).
Principle 10: Commercial enterprise should work as against to the putrescence in all their forms,
including overcharge and bribe.
Nature of international marketing as a fundamental source of competitive
advantage
A competitive benefits is an advantages over competitors that are gained as the profit by
offering the services at lower value of prices or by providing greater benefits and services or
facilities that will justify the higher prices in the business of management. If the normal price
will get achieved with the selling price in the market that might be equal or the average in the
context of the business place. Levi's follows the strategy of cost leadership that requires the
close cooperation that states between of all the functional areas in the growth and development
of the business.
Innovation (networks) assist multinational enterprises in gaining
competitive advantage
The increase in the demand follows the global sections in respect to the growth and
development of the strategies as among to the companies that has maximise the awareness on
extrinsic networks as the displacement from the organisation that have central concept of
innovation. As also the companies have enhanced the manner to get shifted their work as towards
the digital marketing in respect to engaged and concern the consumers as during product
innovation in the field of the market place (Guo, and et.al., 2018). It follows the global and cross
social industry impact on innovation of product for their customers and their presented function
in innovation, growth plan of actions by mergers and acquisitions, strategic coalition and joint
Document Page
undertaking, network and alliances that are joint to the international business and technical
ability.
How IHRM differs from HRM
As compared to internal HRM, in international HRM it follows various sort of HR
activities. In international HRM, it phrase of the same HR activities that are suitable for domestic
HRM for increases because these activities have to be performed in the respective context form
to follow the favourable changes in the business. It includes the higher sector of broader
perspective with more involvement in employees with high phrase of emphasis on the change in
employee mix (Kashmanian, 2019). It assured the manner of high risk exposure that is required
the manner to ensure the individuals for maintain the suitable location in the business to get
ensure the sections in the business to get their deals. IHRM noted a wide range of actions that are
as compared to internal HRM. IHRM is taken up with the individuals who work in organise form
to spread in more than one country, like-as domestic HRM is taken up with individuals who are
working in organizations to operate in a single country.
Role played by finance and accounting in the operation of a multinational
enterprise
Accounting and finance play an important function in the direction of any business
enterprise. Companies operate on money that if they do not control that money you do not
control the manner of the business. By properly accounting for the company's financial gain and
expenditure that can maintain the flow of monetary system and thereby it direct the course of the
business as effectively. It keep the organisation in compliance with the legal document as
without good system of rules that could break various number of laws that is not paying the right
sum of charges. The poor manner of accounting can also justify to place many insignificant
information that collectively collect the term of the business on various levels, like carrying out
quickness for improvements to follow with safety laws in the business.
Key components of international production and logistic
International logistics is the procedure of designing and executing the flow of services or
facilities and products in the company's supply chain from supplier to customer acquisition,
where the manner of the procedure will involves the crossing at least one at global borderline
(Lee, 2017). It is a global supply chain logistics that provide for consumers that have trade good
Document Page
to move from place to other. they cover all features of supply chain arrangement for any type of
cargo and commodity in the business.
CONCLUSION
From the above report it has been concluded that, supply Chain Management includes the
associated cooperation as between to the outsourcing partners, suppliers and consumer. It levels
the function of products from raw materials by which to the delivery of the finished product. It
also involves the management of key content flows in the business. It also involves the group
action of such activities that aims to improve relationships between the diverse functional areas.
They are accomplished a sustainable tremulous benefits by high quality and lower cost value of
products.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
REFERENCES
Books and Journals
Ban, Z., 2020. Open for change but closed for transformation: A communicative analysis of
managerial corporate social responsibility discourse on the issue of
labor. Organization. 27(6). pp.900-923.
Das, R., Shaw, K. and Irfan, M., 2020. Supply chain network design considering carbon
footprint, water footprint, supplier’s social risk, solid waste, and service level under the
uncertain condition. Clean Technologies and Environmental Policy. 22(2). pp.337-370.
De Marchi, V., and et.al., 2019. Environmental upgrading in global value chains. In Handbook
on global value chains. Edward Elgar Publishing.
ElMessiry, M., ElMessiry, A. and ElMessiry, M., 2019, June. Dual Token Blockchain Economy
Framework. In International Conference on Blockchain (pp. 157-170). Springer, Cham.
Etgen, J., Ritter, N.R. and Sarni, W., 2021. The business value of water education to
corporations. Sustainable Industrial Water Use: Perspectives, Incentives, and Tools,
p.385.
Guo, S., and et.al., 2018. Inventory management in mass customization operations: A
review. IEEE Transactions on Engineering Management. 66(3). pp.412-428.
Kashmanian, R.M., 2019. Company engagement with supply chains to protect biodiversity and
rare, threatened, and endangered species. Environmental Quality Management. 29(2).
pp.7-35.
Lee, K.E., 2017. Environmental sustainability in the textile industry. In Sustainability in the
textile industry (pp. 17-55). Springer, Singapore.
Document Page
Document Page
chevron_up_icon
1 out of 10
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]