Chinese Manufacturing

2013 ◽  
pp. 44-58
Author(s):  
Valerie Zhu ◽  
Linyan Sun
Keyword(s):  
Raw Materials ◽  
Labor Law ◽  
Chinese Economy ◽  
Business Practices ◽  
Manufacturing Strategy ◽  
Substantial Portion ◽  
Business Transformation ◽  
New Business ◽  
Fundamental Research ◽  
Double Digit

In the past three decades, Chinese economy has been arresting the worldwide attention for its double-digit growth rate. Playing a leading part in general economic development, Chinese manufacturing has been contributing a substantial portion in the total GDP growth. However, a national key project, the Research of China National Manufacturing Strategy, has found in the last several years that Chinese manufacturing has already lost its competitiveness due to the void of cheap labor force (New Labor Law in China), the rising costs of raw materials and energies, and the more rigid requirements for environmental protection. Chinese manufacturing has met its Waterloo and calls for an urgent business transformation if it wants to survive and sustain its development. Based on fundamental research, authors of this paper propose a new business conceptual model, SERVICE-MANUFACTURING, which focuses on the seamless marriage of service and manufacturing and how this new model can be implemented in real business practices.

Chinese Manufacturing

2012 ◽  
pp. 1028-1042
Author(s):  
Valerie Zhu ◽  
Linyan Sun
Keyword(s):  
Raw Materials ◽  
Labor Law ◽  
Chinese Economy ◽  
Business Practices ◽  
Manufacturing Strategy ◽  
Substantial Portion ◽  
Business Transformation ◽  
New Business ◽  
Fundamental Research ◽  
Double Digit

In the past three decades, Chinese economy has been arresting the worldwide attention for its double-digit growth rate. Playing a leading part in general economic development, Chinese manufacturing has been contributing a substantial portion in the total GDP growth. However, a national key project, the Research of China National Manufacturing Strategy, has found in the last several years that Chinese manufacturing has already lost its competitiveness due to the void of cheap labor force (New Labor Law in China), the rising costs of raw materials and energies, and the more rigid requirements for environmental protection. Chinese manufacturing has met its Waterloo and calls for an urgent business transformation if it wants to survive and sustain its development. Based on fundamental research, authors of this paper propose a new business conceptual model, SERVICE-MANUFACTURING, which focuses on the seamless marriage of service and manufacturing and how this new model can be implemented in real business practices.

Chinese Manufacturing

2011 ◽  
Vol 2 (2) ◽  
pp. 50-63 ◽  
Author(s):  
Valerie Zhu ◽  
Linyan Sun
Keyword(s):  
Raw Materials ◽  
Chinese Economy ◽  
Business Practices ◽  
Manufacturing Strategy ◽  
Substantial Portion ◽  
The Past ◽  
Cheap Labor ◽  
New Business ◽  
Fundamental Research ◽  
Double Digit

In the past three decades, Chinese economy has been arresting the worldwide attention for its double-digit growth rate. Playing a leading part in general economic development, Chinese manufacturing has been contributing a substantial portion in the total GDP growth. However, a national key project, the Research of China National Manufacturing Strategy, has found in the last several years that Chinese manufacturing has already lost its competitiveness due to the void of cheap labor force (New Labor Law in China), the rising costs of raw materials and energies, and the more rigid requirements for environmental protection. Chinese manufacturing has met its Waterloo and calls for an urgent business transformation if it wants to survive and sustain its development. Based on fundamental research, authors of this paper propose a new business conceptual model, SERVICE-MANUFACTURING, which focuses on the seamless marriage of service and manufacturing and how this new model can be implemented in real business practices.

Innovation enhancement in family business SMEs in Ghana

2016 ◽  
Vol 8 (4) ◽  
pp. 388-403 ◽  
Author(s):  
Samuel Addae-Boateng ◽  
Smile Gavua Dzisi
Keyword(s):  
Family Firms ◽  
Raw Materials ◽  
Family Businesses ◽  
Market Potential ◽  
Expert Advice ◽  
Business Practices ◽  
Potential Cost ◽  
Content Type ◽  
New Business ◽  
The Impact

Purpose Family businesses are essential for economic growth and development through new business start-ups (entrepreneurship) and growth of existing ones. As competition is fierce, the ability of a company to buoy up its business practices and exceed its own – and its competition’s – expectations through innovation – is critical to survival. In managing family businesses (mostly small and medium-sized enterprises [SMEs]) in the current globally competitive landscape, entrepreneurs must be creative and behave in ways that galvanize workers to be innovative. This study attempts to ascertain the strategies management adopt to heighten innovation in family businesses. Design/methodology/approach Both qualitative and quantitative techniques were used for gathering and analysing data based upon which conclusions were drawn. Findings The study revealed that seven factors should be assessed by SMEs that are family firms to determine the innovative ideas that are promising to be pursued, which are the uniqueness of the idea, its market potential, cost, expert advice, the impact of both current and future environmental forces, availability of raw materials and supplies and the idea’s future appeal. Originality/value This is perhaps the first detailed study of strategies that could be adopted by entrepreneurs and/or managers to heighten innovation in small and medium family firms, which also points out the factors/criteria used to determine which initiatives have higher chances of success – hence deserving to be pursued.

scholarly journals Using Enterprise Architecture to Integrate Lean Manufacturing, Digitalization, and Sustainability: A Lean Enterprise Case Study in the Chemical Industry

2021 ◽  
Vol 13 (9) ◽  
pp. 4851
Author(s):  
Ming-Hui Liao ◽  
Chi-Tai Wang
Keyword(s):  
Chemical Industry ◽  
Lean Manufacturing ◽  
Enterprise Architecture ◽  
Raw Materials ◽  
Core Competencies ◽  
Sustainable Business ◽  
Business Transformation ◽  
Lean Enterprise ◽  
Architecture Framework

The chemical industry has sustained the development of global economies by providing an astonishing variety of products and services, while also consuming massive amounts of raw materials and energy. Chemical firms are currently under tremendous pressure to become lean enterprises capable of executing not only traditional lean manufacturing practices but also emerging competing strategies of digitalization and sustainability. All of these are core competencies required for chemical firms to compete and thrive in future markets. Unfortunately, reports of successful transformation are so rare among chemical firms that acquiring the details of these cases would seem an almost impossible mission. The severe lack of knowledge about these business transformations thus provided a strong motivation for this research. Using The Open Group Architecture Framework, we performed an in-depth study on a real business transformation occurring at a major international chemical corporation, extracting the architecture framework possibly adopted by this firm to become a lean enterprise. This comprehensive case study resulted in two major contributions to the field of sustainable business transformation: (1) a custom lean enterprise architecture framework applicable to common chemical firms making a similar transformation, and (2) a lean enterprise model developed to assist chemical firms in comprehending the intricate and complicated dynamics between lean manufacturing, digitalization, and sustainability.

Chinese Breakthrough into Latin America

2012 ◽  
pp. 84-91
Author(s):  
E. Dabagyan
Keyword(s):  
Latin America ◽  
Latin American ◽  
Raw Materials ◽  
The United States ◽  
Chinese Economy ◽  
Agricultural Products ◽  
Economic Factors ◽  
American Continent ◽  
External Relations ◽  
Multilateral Agreements

The article deals with a number of problems associated with the growing presence of China in the Latin American continent. The author emphasizes that mutual interest is based on economic factors. In particular, the rapidly developing Chinese economy needs more raw materials and agricultural products, which are available in abundance in Latin America. At the same time, the countries of the continent are interested in freeing from orientation solely to the United States and in a diversification of external relations. The present bilateral and multilateral agreements and treaties between China and Latin America showed a strengthening of trade and economic cooperation. But Beijing's strategy is based on a model of exchange of raw materials to finished products. This causes some resentment on the part of Latin American experts and entrepreneurs.

scholarly journals PENGEMBANGAN PRODUKSI MINUMAN RUMPUT LAUT EUCHEMA COOTONII DI DESA TATELI TIGA KECAMATAN MANDOLANG, KABUPATEN MINAHASA

2019 ◽  
Vol 6 (12) ◽  
Author(s):  
Lexy Karel Rarung ◽  
Berty E. Kaseger
Keyword(s):  
Raw Materials ◽  
Processing Industry ◽  
Industrial Processing ◽  
Counseling Training ◽  
Specific Target ◽  
Economic Class ◽  
North Sulawesi ◽  
Beverage Industry ◽  
Food And Beverage ◽  
New Business

AbstractThe target of this program is located in Tateli Tiga Village, Mandolang District, Minahasa Regency, which is geographically very strategic for developing seaweed beverage processing industries. This village is a culinary tourism area, where there are many food and beverage entrepreneurs. North Sulawesi, is a large producer of seaweed, thus the availability of raw materials is easy to obtain and adequate for industrial processing. Processing of seaweed drinks consisting of syrup, juice and instant powder, is very easy and the marketing is not difficult, can be reached by the upper and lower economic class communities. The aim of this program is to develop new business fields to improve the economy of the community and increase the selling value and economy of seaweed. The specific target of this PKM program is 1. producing seaweed drinks to meet sanitary and hygienic requirements, packaged and labeled well / attractively 2. Developing seaweed syrup beverage industry business. The implementation methods agreed with partners are: 1. Problems in the production of seaweed syrup drinks, product marketing and finance 2. Methods for solving problems with counseling, training, mentoring and evaluation. 3 Work procedures for solving problems through surveys, counseling, training, mentoring, evaluation, reporting and journals.Keywords: Euchema cootonii, syrup, processing industry Abstrak        Sasaran program ini berlokasi di Desa Tateli Tiga Kecamatan Mandolang Kabupaten Minahasa, yang secara geografi sangat strategis untuk dikembangkan industri pengolahan  minuman rumput laut. Desa ini merupakan daerah wisata kuliner, dimana terdapat banyak pengusaha makanan dan minuman. Sulawesi utara, merupakan penghasil rumput laut yang besar, dengan demikian ketersediaan bahan baku mudah diperoleh dan memadai untuk pengolahan secara industri.  Pengolahan minuman rumput laut yang terdiri dari sirup, sari dan serbuk instant, sangat mudah serta pemasarannya  tidak sukar, dapat dijangkau oleh masyarakat kelas ekonomi  atas maupun bawah. Tujuan program ini yaitu pengembangan lapangan usaha baru untuk meningkatkatkan ekonomi masyarakat serta meningkatkan nilai jual dan ekonomi rumput laut. Target khusus program PKM ini  yaitu 1. memproduksi minuman  rumput laut memenuhi syarat sanitasi dan higienis, dikemas dan dilabel dengan baik/menarik  2.  Mengembangkan usaha  industri minuman sirup rumput laut . Adapun metoda pelaksanaan yang disepakati dengan mitra yaitu: 1. Masalah produksi minuman sirup rumput laut, pemasaran produk dan keuangan 2. Metoda untuk menyelesaikan masalah dengan penyuluhan, pelatihan, pendampingan dan evaluasi. 3 Prosedur kerja untuk menyelesaikan masalah melalui survey, penyuluhan, pelatihan, pendampingan, evalusi, pelaporan dan jurnal.Kata kunci: Euchema cootonii, sirup, industri pengolahan

scholarly journals Interrelations of Siberia and China in the Frameworks of Silk Road Economic Belt

2019 ◽  
Vol 2019 (4) ◽  
pp. 432-440
Author(s):  
Arseny Fartyshev
Keyword(s):  
Large Scale ◽  
Raw Materials ◽  
Silk Road ◽  
Chinese Economy ◽  
Local Economy ◽  
Investment Fund ◽  
Economic Interaction ◽  
Silk Road Economic Belt ◽  
State Potential ◽  
The Silk Road

The aim of the present research was to define the place of Siberia in the current Chinese concept of the Silk Road Economic Belt. The paper features the current state, potential benefits, and possibilities of integrating Siberia into the concept of the Silk Road Economic Belt. An analysis of the commodity structure of exports to China showed that the increasing capacity of transport routes and new highways will strengthen the export and resource role of Siberia. The process is bound to increase deforestation and the export of raw materials to China, especially in the absence of large-scale investments into industrial production. The authors questioned representatives of the Chinese delegation on the economic image of Siberia in China, the future of the bilateral economic interaction, and the needs of the Chinese economy. The concept of local economy proved beneficial on the municipal scale, while the New Angarstroy project will develop production enterprises in Siberia on the national scale, which will meet domestic demand and boost export to China. The Silk Road Fund, established within the Silk Road Economic Belt, and the Russian-Chinese Regional Development Investment Fund can be effectively used as material and financial resources for the economic development of Siberia. They can provide investment in infrastructure and enterprises that will be repaid in the medium and long term.

Emerging Technologies and Organizational Transformation

2015 ◽  
pp. 20-34 ◽  
Author(s):  
Albena Antonova
Keyword(s):  
Business Models ◽  
Emerging Technologies ◽  
Organizational Transformation ◽  
Business Practices ◽  
Business Transformation ◽  
The Core ◽  
Emerging Trends ◽  
Business Changes ◽  
The Impact ◽  
Near Future

Technologies continue to evolve and to largely transform business practices. In the near future, a few technologies, such as Internet of Things (IoT), Augmented Reality (AR), additive manufacturing (3D printing), and robots, can substantially influence businesses. The reason to focus specifically on these technologies as leading factors for organizational change is twofold: first, there already exist many prototypes and pilot experiments; and second, these technologies have the potential to provoke substantial breakthroughs, leading to substantial business changes. The chapter proposes an overall vision about the impact of these four emerging technologies on business practices and how they will fuel substantial business transformation. The chapter starts with a short analysis how IT influences the core business models and value formation. Then, the authors present the state of the art in e-business technologies and current emerging trends. Finally, the authors propose a detailed overview and discussion of the newly emerging bridge technologies, illustrating with examples their role and economic potential.

Business Transformations

2015 ◽  
pp. 61-86
Author(s):  
Mohsen Rajabi ◽  
Alireza Bolhari
Keyword(s):  
Supply Chain ◽  
Business Environment ◽  
The Internet ◽  
Organizational Process ◽  
Chain Management ◽  
Business Transformation ◽  
Management Processes ◽  
New Business ◽  
New Ideas ◽  
Major Alteration

Recent years have been observing the drastic changes in trends toward business environment. Novel parameters affecting businesses make them remain with two choices: adapt or perish. The fact that a once-thriving company like Nokia could not last in the market would provide a factual example of how the new business environment may be challenging. Business transformation is a term with ranges of definitions: an ultimate change in organizational process, which was caused by or resulted in a basic major alteration in structure, processes, and behaviors. It relates to new ideas, strategies, and management processes. Strategies not only affect the inner side of the company but also have peripheral consequences on the total supply chain. The chapter is an exertion to introduce some of the foremost factors on which businesses are being influenced, such as the Internet, e-business, globalization, etc. In addition, the relationships between supply chain management and business transformation and the reciprocal impacts are studied.

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