Smart Chips Company Steps Essay Example

is important to find cost-increasing factors, and increasing supply orders lowers transportation and order costs while inventory should be expanded. Finally, giving employees benefits improves motivation for better results while avoiding price wars with rivals. (McCoy, 2009)

According to Stephen P. Robbins (2006), needlessly turning products into commodities can occur. By implementing the steps in microchip chain management, the Smart Chip Company can remain a leading player in the industry. Additional information can be found in McCoy's (2009) presentation on ABC Microchip Company retrieved from Slide Share on May 22, 2010. Robbins and Coulter's (2006) book, Management, is also a helpful resource for understanding these concepts.