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What are Competitive Factors in Supply Chain Management? PDF | Download eBooks

Learn Competitive Factors definition in supply chain management with explanation to study “What are Competitive Factors”. Study competitive factors explanation with SCM terms to review supply chain management course for online MBA programs.

Competitive Factors Definition

  • Factors such as delivery time, product or service specification, price, etc. that define customers' requirements.

    Operations Management by Nigel Slack, Alistair Brandon-Jones, Robert Johnston

Competitive Factors Explanation

A focused factor is a component or advantage thought about key or fundamental to the advancement of an item or administration to its proposed market. Since it is seen as important by the client it is a worth component used to pull in purchasers. It is a fixing, a constituent, a component or normal for the item or administration that is profoundly looked for by the client. Aggressive factors generally incorporate cost. Other aggressive elements might be quick conveyance, for example, the instance of Federal Express, capacity, shading, size, usability, brisk reaction, and numerous others. In a built up industry, these elements are commonly notable and offered at different levels by all contenders. The test is that on the off chance that you don't have the foggiest idea what your variables of rivalry are in your flow grisly Red Ocean is (see earlier writes for meaning of Blue Ocean Strategy and Red Ocean Strategy), it is highly unlikely you will most likely locate your Blue Ocean. The key devices moving in the direction of finding the Blue Ocean is the technique canvas and the worth bend devices.

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