Problem Definition and Scope of the Diploma Thesis
The problem which is addressed in this diploma thesis is the research deficit in the field of benchmarking supply and sourcing strategies. As it was stated in the introduction, no academic publication could be identified in which supply or sourcing strategies in the automotive industry are benchmarked with another industry and detailed recommendations for a particular industry are derived. This lack of academic research is related to a general research deficit in the whole field of supply management which was already identified by Wildemann (2000), Van Weele (2002) and Jahns (2005).
The whole field of supply management cannot be entirely benchmarked within two industries in a diploma thesis. Because of that and to reduce complexity, the sourcing strategy triangle which is further explained in section 2.4 and shown in the following figure 2 was developed as a benchmarking framework.
1.3 Structure of the Diploma Thesis
Firstly, chapter one provides an introduction including the problem definition (section 1.1), background information about the Hilti Corporation (section 1.2) and the structure of the diploma thesis (section 1.3). This is followed by supply management definitions and classifications which are given in chapter two of the thesis; supply management terminologies are defined (section 2.1), a supply strategy is explained in its strategic environment (section 2.2) and different supply management concepts are explained and analyzed (section 2.3). Besides that, also the sourcing strategy triangle which is used for the benchmarking approach is introduced in section 2.4. After that, chapter three includes the benchmarking analysis of the sourcing strategy triangle. In section 3.1, the applied benchmarking methodology is explained before the actual benchmarking analysis is pursued in section 3.2 which is divided into three sections according to the three elements of the sourcing strategy triangle: benchmarking global versus local sourcing (section 3.2.1), benchmarking supplier management (section 3.2.2) and benchmarking commodity management (section 3.2.3). Based on this benchmarking analysis, recommendations are derived for power tool companies in chapter four. Finally, a conclusion and an outlook into the future of the automotive and power tool industry together with supply management in both industries are given in chapter five.
Inhaltsverzeichnis (Table of Contents)
- Introduction
- Problem Definition and Scope of the Diploma Thesis
- The Hilti Corporation: Introduction and Background Information
- Structure of the Diploma Thesis
- Definitions and Classifications
- Supply Management Definitions
- Classification of a Supply Strategy
- Introduction to Supply and Sourcing Strategy Concepts
- The Sourcing Strategy Triangle
- Global Sourcing versus Local Sourcing
- Supplier Management
- Commodity Management
- Benchmarking the Sourcing Strategy Triangle in the Automotive and the Power Tool Industry
- Applied Benchmarking Methodology
- Benchmarking Analysis of the Sourcing Strategy Triangle
- Benchmarking Global Sourcing versus Local Sourcing
- Benchmarking Supplier Management
- Benchmarking Commodity Management
- Supply Strategy Recommendations for Power Tool Companies focusing on the Hilti Corporation
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This diploma thesis aims to benchmark the sourcing strategy triangle in the automotive and power tool industries. The analysis focuses on identifying key differences in sourcing strategies, supplier management practices, and commodity management approaches between these two sectors. The objective is to gain insights into best practices and potential areas for improvement for power tool companies, particularly the Hilti Corporation.
- Global versus local sourcing strategies in the automotive and power tool industries
- Supplier management models and practices in both sectors
- Commodity management approaches for key raw materials and components
- Best practices and potential improvement areas for power tool companies
- Supply strategy recommendations for the Hilti Corporation
Zusammenfassung der Kapitel (Chapter Summaries)
- Introduction: This chapter outlines the problem definition and scope of the thesis, provides background information on the Hilti Corporation, and describes the thesis structure.
- Definitions and Classifications: This chapter defines key terms related to supply management and sourcing strategy, including the sourcing strategy triangle. It explores different classifications of supply strategies and introduces the concept of global versus local sourcing, supplier management, and commodity management.
- Benchmarking the Sourcing Strategy Triangle in the Automotive and the Power Tool Industry: This chapter details the applied benchmarking methodology and presents a comprehensive analysis of the sourcing strategy triangle in both industries. It examines the geographic sourcing trends, supplier management practices, and commodity sourcing strategies in detail.
Schlüsselwörter (Keywords)
This diploma thesis focuses on benchmarking supply strategies in the automotive and power tool industries. Key concepts and themes include global sourcing, local sourcing, supplier management, commodity management, benchmarking methodology, sourcing strategy triangle, and supply chain management best practices. It also explores the challenges and opportunities of implementing effective sourcing strategies within these industries, particularly for power tool companies such as the Hilti Corporation.
- Arbeit zitieren
- Andreas Weth (Autor:in), 2006, Benchmarking supply strategies in the automotive and the power tool industry, München, GRIN Verlag, https://www.grin.com/document/79125