Analysis of operations management at Ansteel and Baosteel
Abstract
This paper analyses the operations management of Chinese steel companies Anshan Steel and Baosteel. It reveals their strengths
and challenges in operations management by comparing the two companies’ inventory management and supply chain management, develop_x005fment strategies, efficiency assessment, and the impact of e-commerce and the Internet. The study found that Baosteel has competitive advantages in terms of market share, research level and logistics efficiency. However, Anshan Iron & Steel has achieved better results in reducing
storage pressure by implementing refined inventory management and supply chain optimisation. In addition, both companies actively responded to the development trend of e-commerce and the Internet, but Baosteel was more forward-looking and action-oriented in this regard.
Finally, the paper points out the limitations of the study and the direction of future research.
and challenges in operations management by comparing the two companies’ inventory management and supply chain management, develop_x005fment strategies, efficiency assessment, and the impact of e-commerce and the Internet. The study found that Baosteel has competitive advantages in terms of market share, research level and logistics efficiency. However, Anshan Iron & Steel has achieved better results in reducing
storage pressure by implementing refined inventory management and supply chain optimisation. In addition, both companies actively responded to the development trend of e-commerce and the Internet, but Baosteel was more forward-looking and action-oriented in this regard.
Finally, the paper points out the limitations of the study and the direction of future research.
Keywords
operations management; inventory management; supply chain management; development strategy; efficiency assessment
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DOI: http://dx.doi.org/10.18686/fm.v9i1.12074
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