Table of Contents

Handbook of Research in International Marketing

Handbook of Research in International Marketing

Elgar original reference

Edited by Subhash C. Jain

Presenting the challenges and opportunities ahead, the contributors to this volume critically examine the current status and future direction of research in international marketing. The result of a sustained and lively dialogue among contributors from a variety of cultures, this volume gathers their perspectives and many insights on the revitalization of the field.

Chapter 21: Introduction to a Global Scorecard: Industry Practice and International Implications

Camille P. Schuster

Subjects: business and management, international business, marketing


Camille P. Schuster INTRODUCTION In an historic move, the companies from the grocery and packaged goods industries (manufacturers, retailers, brokers, wholesalers, and industry associations) met during the early 1990s to examine the threats to their industry. As a result of the discussions Kurt Salmon and Associates conducted a study to evaluate the current state of the industry. The results indicated that an integrated supply chain be created to enhance the timely, accurate, paperless flow of information while creating a smooth, continuous flow of product matched to consumption (see Figure 21.1). Savings to the industry of US$30 billion would result if the industry operated in a more efficient manner while keeping the consumer clearly in mind.1 To follow up on these findings, the companies and associations formed the Efficient Consumer Response (ECR) organization. A number of committees were created to analyze business activities in a particular area, conduct pilot tests and report on the results. About 40+ books documenting best practices in specific areas, such as activity-based costing, category management, effective replenishment, and effective assortment, have been published and made available to the industry so any company planning to concentrate improvement efforts in a particular area has access to the information on best practices. One of the fundamental business behaviors resulting from this new approach to doing business is the development of greater collaboration among companies. The only way for companies to have access to timely and accurate flows of information enabling smooth continuous...

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