Operations and Supply Chain Management Essay Example | Topics and Well Written Essays - 2500 words

Operations and Supply Chain Management - Essay Example His model had classified government policies and regulations, corporate policies and firm size as moderating variables. Literature Review: Australian Manufacturing and Service Market Studies carried out to survey the service delivery have shown that the public sector has undergone significant reforms to meet public expectation on its performance. The government had addressed this through microeconomic reforms that were characterized by financial deregulation, improved monetary and fiscal policy, tariff reforms, labor market reform, and trade liberalization amongst others (Shergold, 1996, p. 18 and James, 2003, p. 96). In the later years, however, there was a shift to privatization of service delivery to NGOs and private sector (Tang, 1997, p. 98; Productivity Commission 1999. p. 6; Lyons, 1994, p. 182; James, 2003, p. 105 and Rapper, 2000, p. 23). Surveys carried out in Australia to determine whether government should outsource health services for an improved service delivery found o ut that there is the likelihood of poor performance in terms of quality, cost, and other externalities (Boardman and Hewitt, 2004, p. 921). This had left the house undecided on whether to privatize service delivery in this sector or not. Surprisingly, studies conducted to determine delivery speed and delivery reliability found transportation is very fast and reliable but quite expensive. The study shows that Australian gross value added of the transport and storage sector was $ 34, 496 million in 1999-2000. This was 5.6% of GDP. On comparison to other logistic costs, transportation occupies 29.4% of logistics cost, exceeding even warehousing cost, packing cost, management cost ordering cost and movement cost (Chang, 1998, p. 15 and BTRE, 2001, p. 9). Similarly,... Study has shown that the public sector has undergone significant reforms to meet public expectation on its performance. The government had addressed this through microeconomic reforms that were characterized by financial deregulation, improved monetary and fiscal policy, tariff reforms, labor market reform, and trade liberalization amongst others. In the later years, however, there was a shift to privatization of service delivery to NGOs and private sector. Surveys carried out in Australia to determine whether government should outsource health services for an improved service delivery found out that there is the likelihood of poor performance in terms of quality, cost, and other externalities. This had left the house undecided on whether to privatize service delivery in this sector or not. Surprisingly, studies conducted to determine delivery speed and delivery reliability found transportation is very fast and reliable but quite expensive. The study shows that Australian gross value added of the transport and storage sector was $ 34, 496 million in 1999-2000. This was 5.6% of GDP. On comparison to other logistic costs, transportation occupies 29.4% of logistics cost, exceeding even warehousing cost, packing cost, management cost ordering cost and movement cost. Similarly, studies conducted on new product introduction in the Australian market suggested that the rate of success of new products depends on the following: management style, marketing strategies, staff expertise, senior management support, available resources, organization size and distribution channels.

Football & Finance Essay Example | Topics and Well Written Essays - 3000 words

Football & Finance - Essay Example The spending on salaries and players was 43 percent up over the previous five years. European clubs assessment is a requirement of Uefa’s financial fair play policies, which focuses on reducing debt and stopping teams from spending above their capability. According to Uefa’s rule of financial fair play, teams that fail to meet the requirements of the union’s policies face sanctions or suspension from participating in the continent’s major competitions. According to 2009, 2010 and 2010 financial reports, many clubs participating at both clubs and European competition levels exhibited significant amount of losses in relation to the Uefa’s minimum low of â‚ ¬5 million. Many European football clubs including top flight clubs have recently shown numerous financial drawbacks adding to recent increase in the total loss experience in the European football industry. There have been public outcries from some clubs regarding financial fair play by some of t he continent’s top division clubs. A considerable number of clubs have undergone liquidation while many more face the threat of possible bans from taking part in Uefa Champions League and Europa League, which are the continent’s most prestigious football competitions. Liquidation is the worst experience any club would ever wish to undergo. Apparently, cost control has been one of the most challenging tasks for European football clubs. Many clubs, including the most famous clubs in the recent history of football, have failed maintain low and sustainable expenditure levels, which calls for robust research into the issue of finance and football. There Owing to the increasing margins of losses incurred by European football clubs and many reported cases of possible liquidations of clubs, there is clear need for information supply for football club managers and committees on sustainable cost management approaches, which this project intends to establish through review of lit erature on some of the main causes of financial dismay for many football clubs. Preliminary Review of Literature The strong economic growth that football industry exhibited during late periods of 1990s prompted academicians and researchers to shift their attention towards issues that relate to the administration of performance of football clubs