In overall the strategies should be complied with firms competitive strategy and each unit of supply chain. From the customer perspective, it should be noted that they offer a large variety and availability of products. In Blue Nile offered more than diamonds on its site.
Changes in the macro-environment factors can have a direct impact on not only the Yirendai Ltd. The macro-environment factors can impact the Porter Five Forces that shape strategy and competitive landscape.
For example an Industry may be highly profitable with a strong growth trajectory but it won't be any good for Yirendai Ltd. Spanish oil giant Repsol had to face a similar instance. It started an above average profitability operations in Argentina and made strong returns in years.
But the business was later expropriated by the Left Wing government. Order Now - Yirendai Ltd. Political factors play a significant role in determining the factors that can impact Yirendai Ltd. The achieve success in such a dynamic Credit Services industry across various countries is to diversify the systematic risks of political environment.
Risk of military invasion Level of corruption - especially levels of regulation in Financial sector. Bureaucracy and interference in Credit Services industry by government. The Macro environment factors such as — inflation rate, savings rate, interest rate, foreign exchange rate and economic cycle determine the aggregate demand and aggregate investment in an economy.
While micro environment factors such as competition norms impact the competitive advantage of the firm. Economic factors that Yirendai Ltd. Efficiency of financial markets — Does Yirendai Ltd. Infrastructure quality in Credit Services industry Comparative advantages of host country and Financial sector in the particular country.
Skill level of workforce in Credit Services industry. Education level in the economy Labor costs and productivity in the economy Business cycle stage e.1. What are some key success factors in diamond retailing? How do Blue Nile, Zales, and Tiffany compare on those dimensions?
2. What do you think of the fact that Blue Nile carries about 30, stones priced at $2, or. Define the key success factors in diamond retailing for Blue Nile, Zale's, and Tiffany's as it measured for key industry success factors. Blue Nile carries more than 30, stones priced at $2, or higher while 60% of the products sold from the Tiffany web site are prices around $ Blue Nile and Diamond Retailing Case Study Essay.
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Executive Summary The purpose of this case study is to measure the success of Blue Nile against Tiffany and Zales success in diamond retailing by comparing retail strategies and structures. To this end, the case highlights the supply chain structures and performances of three firms in the diamond retailing industry: Blue Nile, Zales, and Tiffany.
Supply Chain Management - 4th edition The degree of supply chain responsiveness does. not. of diamond selections from Blue Nile, a company that is the largest retailer of diamonds online.
The list price for,For bOth WhOICsalers _and, retallers m. the dlamond. Blue Nile’s supply chain structure is geared toward a pure centralized e-business; Zales sells merchandise primarily through stores but recently added an online channel; and Tiffany also uses an online channel but most of its diamond and other high-end products are sold through stores.