Examlex
Nike uses active sensors in high-value merchandise that send out telemetry data, tracking the package's traveling speed and conditions. Applying analytics to this data has the potential to largely reduce supply chain reaction times to avoid delays in shipments.
Economies of Scope
Cost advantages that a business experiences when it increases the variety of products or services it offers.
Customer Value Chain
A series of steps a company takes to deliver a product or service to the customer, focusing on adding value at each stage to meet customer needs.
Selling Products Globally
The process of marketing and distributing goods or services outside of the company's home country, often involving considerations of cultural differences, legal requirements, and logistics.
Multi-business-unit Companies
Organizations that operate across different industries or markets, managing a portfolio of businesses as separate units under one overarching corporate umbrella.
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