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Full-Text Articles in Operations and Supply Chain Management
Cp All And The Case Of Value Web Creation, Bryane Michael
Cp All And The Case Of Value Web Creation, Bryane Michael
Bryane Michael (bryane.michael@stcatz.ox.ac.uk)
How should convenience store operators like Thailand’s CP-ALL construct its value chains? What does economic theory teach us about the an under-modelled area of management theory (namely value chains)? In this paper, we use a seemingly unrelated economic model analysing Vietnam to tell us something about the conglomerates running convenience stores licenses like CP-ALL. We find that convenience stores may not want to raise capital from Thai banks and the Bangkok stock market when labour productivity exceeds capital’s. We also find that inefficiencies inherent in Thai markets may significantly reduce the optimal size of a convenience store operator like CP …
Bringing Manufacturing Home: Implications For Emerging Markets Of The Reindustrialisation Of The Core Oecd, Bryane Michael
Bringing Manufacturing Home: Implications For Emerging Markets Of The Reindustrialisation Of The Core Oecd, Bryane Michael
Bryane Michael (bryane.michael@stcatz.ox.ac.uk)
Will new technologies and policies bring manufacturing back to the US, Western Europe and Japan (or the core OECD)? Despite what the media pundits have told us, such manufacturing never really left (though many of the jobs did). The core OECD and its manufacturing companies already lead the world in industrial manufacturing. Much of the growth in emerging markets like China represents market expansion rather than stealing work from the core OECD. Moreover, both developed and emerging market manufacturers are not locked in a race to sell more, higher-valued manufactured goods. Even advanced market manufacturers sought to expand their low-valued …