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Like this article? PLEASE +1 it! |  |
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double marginalization Tagged Articles
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Double Marginalization and the Decentralized Supply Chain Revisited
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| Without a doubt, the concept of double marginalization and the resultant issues associated with understanding and addressing its impact represents one of the more complex elements of an organization’s supply chain practice.
As the point of convergence of multiple stakeholder interests and the seemingly disparate (some would say contradictory) strategies that define today’s partinioned enterprises, the intent of the article when it was first published was to create an awareness of a concept that up until that point was not widely recognized, let alone understood by the majority of purchasing professionals.
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What is the quickest way to get up to speed on supply chain management?
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| Member Question:
What books or other resources can you recommend to a project and product manager who suddenly wants/needs to learn as much as possible about managing supply chains of diverse products?
In the past, my role has involved only product development and marketing, not managing the flow of of raw materials from suppliers, managing inventory, delivery and so forth.
I'd be grateful for any resource recommendations. |
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What is the Value in your Supply Chain A PI Q and A
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| Member Question:
What is the difference between Supply Chain and Value Chain?
My Response:
To begin, the reference to supply or “value” chain is a misnomer in that it implies a sequential architecture. This is a term that is on its way out as an organization’s supply “practice” is actually centered on the synchronization of diverse stakeholders sometimes spanning multiple supply networks. This is an important distinction given the impact that real-world synchronization has on theories such as value chains.
That said the concept of the value chain was first introduced by Michael Porter in 1985 in his book, Competitive Advantage: Creating and Sustaining Superior Performance.
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Supplemental Material Double Marginalization and the Point of Ideal Price Viability
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| I have received a number of e-mails regarding my August 10th posting (Double Marginalization and the Point of Ideal Price Viability) requesting clarification of my theory. In line with the old saying that a “picture is worth a thousand words,” the following graph will hopefully illustrate the basis for my conclusions. (NOTE: due to space limitations I am not able to incorporate the actual graph into this posting. To obtain a copy of the graph send me an e-mail at jhansen@procureinsights.com with “Graph” in the subject line.)
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Double Marginalization and the Point of Ideal Price Viability
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| Referencing my last post (Double Marginalization and the Decentralized Supply Chain, August 9, 2007) double marginalization “DM” is defined as the “exercise of market power at successive vertical layers in a supply chain.” The problem that arises as a result of DM is tied to an impetus to mark up the product’s price above marginal cost. The sequence of mark-ups “leads to a higher retail price and lower combined profit for the supply chain.” In short, DM drives the paradoxical outcome of higher buy prices with lower sell profits.
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Double Marginalization and the Decentralized Supply Chain
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| Double marginalization is defined as the “exercise of market power at successive vertical layers in a supply chain.” Dating back to Lerner (1934) the problem that arises as a result of double marginalization is tied to an impetus to mark up the product’s price above marginal cost. According to a 2005 Caltech paper (Vertical Integration of Successive Monopolists: A Classroom Experiment) the sequence of mark-ups “leads to a higher retail price and lower combined profit for the supply chain than would arise if the firms were vertically integrated.” |
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Other double marginalization Related Articles
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Doubling Your Postcards ROI
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| Would you like to double your return on any "lead generation" postcard marketing campaign you launch? This article will show you a simple, easy tactic you can implement very quickly that will make your postcards perform "double duty." |
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3.3 Conclusion: Economic Report on Africa 2007
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| It is expected that the recent renewed global attention to the problems of developing
countries will contribute to redressing the trends towards marginalization of these
countries. |
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Enhancing Africa’s Trade: From Marginalization to an Export-Led Approach to Development
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| This paper reviews Africa’s role in the global trading system and discusses the
constraints and options for Africa to move from its current marginalization to an exportled
approach to economic development. |
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Double Marginalization and the Decentralized Supply Chain
| |
| Double marginalization is defined as the “exercise of market power at successive vertical layers in a supply chain.” Dating back to Lerner (1934) the problem that arises as a result of double marginalization is tied to an impetus to mark up the product’s price above marginal cost. According to a 2005 Caltech paper (Vertical Integration of Successive Monopolists: A Classroom Experiment) the sequence of mark-ups “leads to a higher retail price and lower combined profit for the supply chain than would arise if the firms were vertically integrated.” |
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Double Marginalization and the Point of Ideal Price Viability
| |
| Referencing my last post (Double Marginalization and the Decentralized Supply Chain, August 9, 2007) double marginalization “DM” is defined as the “exercise of market power at successive vertical layers in a supply chain.” The problem that arises as a result of DM is tied to an impetus to mark up the product’s price above marginal cost. The sequence of mark-ups “leads to a higher retail price and lower combined profit for the supply chain.” In short, DM drives the paradoxical outcome of higher buy prices with lower sell profits.
|
|
|
Supplemental Material Double Marginalization and the Point of Ideal Price Viability
| |
| I have received a number of e-mails regarding my August 10th posting (Double Marginalization and the Point of Ideal Price Viability) requesting clarification of my theory. In line with the old saying that a “picture is worth a thousand words,” the following graph will hopefully illustrate the basis for my conclusions. (NOTE: due to space limitations I am not able to incorporate the actual graph into this posting. To obtain a copy of the graph send me an e-mail at jhansen@procureinsights.com with “Graph” in the subject line.)
|
|
|
Double Marginalization and the Decentralized Supply Chain Revisited
| |
| Without a doubt, the concept of double marginalization and the resultant issues associated with understanding and addressing its impact represents one of the more complex elements of an organization’s supply chain practice.
As the point of convergence of multiple stakeholder interests and the seemingly disparate (some would say contradictory) strategies that define today’s partinioned enterprises, the intent of the article when it was first published was to create an awareness of a concept that up until that point was not widely recognized, let alone understood by the majority of purchasing professionals.
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Email With Integrity - Reaching for Inboxes in a World of Spam
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| This paper outlines the following information:
Table of Contents:
* Introduction
* Defining Spam
* How Spam Affects your Earnings
* Double Opt-In Versus Single Opt-In
* Why Double Opt-In Is The Right Choice
* Common Questions About Spam
* Maximizing Email Deliverability
This paper is designed for a quick over view and understanding of the issue as a individual sending email as part of your business process. |
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How to Get Double Digit Responses to Your Email Newsletters
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| I’m happy to say that I’ve enjoyed double digit open rates and sometimes even double digit click rates for many, many of my newsletters this past year. Following these common sense tips means you can, too. |
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Exposed - Personality Tests Disguised as Sales Assessments
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| Yesterday, I met with a long-time client who, in his previous company, used OMG's Assessments to identify what needed to change in order to double revenue from $30 million to $60 million. In his new company, which is already about 12x that size, he wants to double revenue again. He said, "I just wasted two years with the _____ Assessment. |
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