Dodo Loves Marketing

Achieving global synergies

The concept of synergy is simple: the whole should be more than the sum of the parts. It is often described as the ‘2 + 2 = 5′ effect. The search for synergy is one of the main drivers of the trend towards the globalisation of industry, particularly in manufacturing and logistics.

It has often been suggested that there can be significant benefits if R&D, product development, manufacturing and marketing can be coordinated in order to avoid ‘re-inventing the wheel’ country by country, and also through economies of scale in procurement and production. ..more

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Developing a global logistics strategy

A number of issues arise when global logistics strategies are being considered. One key concern is the question of the appropriate degree of centralised direction as against local autonomy. Traditionally many companies have preferred to devolve decision-making to a local level, yet almost by definition it is difficult to see how global supply chains can be optimised in terms of service and cost if they are planned and managed on a fragmented, local basis. On the other hand the attractions of local autonomy are clear, in terms of responsiveness to the market and the ability to ’stay close to the customer’. ..more

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One of the most striking trends in recent years has been the globalisation of markets, organisations and industries. Its impact can not only be seen through the global reach of well-established brands like Coca-Cola, Marlboro or Gucci, but it is also apparent in markets as diverse as computing, automobiles and consumer electronics. Nor is the trend towards globalisation confined only to products; we see similar transformations in services such as banking, retailing and satellite TV. ..more

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