Pricing Strategy

Pricing Strategy2005The awards of adequate have been recognized with many corporations from standardized Oil to eBay and Nestle . However , only few companies atomic number 18 known to effectively adjust continuously evolving technology to their price strategies . From the critical point of view utilization of revolutionary technologies traditionally leads to one-sided change in . For instance , if consider pharmaceutical industry where costs of new medicine invention along with contingent technologies applied constitutes about 1 billion dollars , it logically results in price spikes for prescription drugs produced by companies such as Novartis , Bayer AG , Pfizer , etc . Simultaneously , Apple ready reckoners continuously invests trillion dollars in Research Development , Art Design and different technologies . Those investments and innovation spending effectively fit into Apple s because the companies seeks particular identification in the eyes of consumers , which is achieved through incredible futuristic designs of Macintosh and iPod . Practically , many industry leaders put on technology and innovations to certain extent in to remain warlike and cut off costs of production . Wal-Mart Corporation practices outsourcing of cheap tangible labor in growth countries to come forth its stores with cheap products and frankincense to correspond to is slogan We sell for Less Particularly outsourcing of somatic labor and low wages constitutes coupled with wise developing strategy constitute Wal-Mart s , and to some extent it can be considered as technology applicationIf discussing pure technology utilization as basis for it is necessary to emphasize that no company had achieved such a great balance and insight as dingle Computers did . dell s award-winning customer service , industry-leading growth and systematically strong financial performance differentiate the company from competitors for the spare-time activity reason : price for Performance - with the industry s most good procurement , manufacturing and distribution play , Dell offers its customers powerful , high configured systems at competitive prices . Simultaneously , Dell Computers introduces the latest relevant technology much more quickly than companies with slow indirect distribution channels .

Dell turns over list every six days on average , property related costs low . Technologically , Dell Computer takes pedigree and supply chain management to the ultimate take and operates without warehouses entirely through calling inventory for information , setback Logistics , event Management , supplier relationship management , supply chain planning , supply Chain Execution prerequisite Fulfillment , and procurement . For instance in the process of trading inventory for information Dell Computers utilizes i2 Technologies Inc s software , which enables it to manage 250 suppliers and 3 ,500 components on companies 120 servers . Dell s inventory management implies no excess of inventory stock therefore no outstanding is tied up , which consequently leads to continuous price reinforcement . Through DSi2 Technology production is scheduled every cardinal hours globally (Cottrill , 29 . Dell Computers operated without warehouse , which allows company to cut costs significantly and speed up assembling process which again is accomplished through innovative technology . Dell s demand fulfillment program works through the interaction of two technologies - Dsi2 and V3 Systems Cottrill , 29 . The latter supports inbound , outbound and inventory management . V3 allocation application communicates received to DSi2...If you want to incur a full essay, order it on our website: Ordercustompaper.com

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