Tuesday, December 17, 2019
Analysis of Mattelââ¬â¢s Supply Chain Management - 6531 Words
MATTEL Ruth Handler Innovating Mattel and Barbie amp; Sustaining Innovation Leadership in Mattelââ¬â¢s Toy World Management of Supply Chain Operations Table of Contents Executive Summary â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦ 3 Critical Strategic Milestone â⬠¦..â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.. 3 Mattel Timeline â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦..â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦. 4 Organization Wide Supply Chain Issues â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦...... 5 Safety â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦..â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦ 5 Security â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦... 7 Profitability and Investment â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦... 7 Protecting Intellectual Property â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã ¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦...â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦. 8 Management and Leadership of Mattel â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦ 8 Ruth Handlerâ⬠¦show more contentâ⬠¦and Japan * 1961 ââ¬â Greiner amp; Hausser and partner Louis Marx sued Mattel for infringing on the hip joint patent and Mattel counter-sued Marxââ¬â¢s Miss Seventeen doll for causing consumer confusion with a similar doll * Ken Doll introduced * 1964 ââ¬â Mattel bought Gamp;Hââ¬â¢s copyrights for the Lilli doll and the related U.S. and German patent rights * Hasbro introduces rival doll G.I. Joe * 1970 ââ¬â Convicted of white-collar crimes, fixing the accounting books and cashing in on insider information * 1972 - Restructure to create Mattel, Inc. * 1975 - Founders leave the company * 1982 - Introduced He-Man * 1986 - Joint venture with Bandai, Japanââ¬â¢s largest toy company * 1987 ââ¬â Ha ndler given a Doll of the Year Award * 1988 - Revives association with Walt Disney Company * 1991- Acquires Aviva Sports, Inc. * 1992 - Acquires International Games, Inc. * 1993 - Fisher-Price joints Mattel * 1994 ââ¬â Barbie celebrated her 35th anniversary * 1997 ââ¬â Mattel files lawsuit against MCA Records for defamation in the song Barbie Girl * Acquired Tyco and suffered losses * 1998 ââ¬â Acquired the Pleasant CompanyShow MoreRelatedMattels China Experience1261 Words à |à 6 PagesMattelââ¬â¢s China Experience: A Crisis in Toyland In 2007, Mattel a California based toy company shockingly recalled 19 million toys that had been manufactured in China. Mattel was founded in 1944, and has produced iconic toys such as Barbie and Hot Wheels. The company had a long established trust with their consumers that had been forged from decades of reliability. However, when the company recalled 19 million toys due to health and safety violations, consumer confusion and outrage soared. The publicRead MoreEssay on Mattelââ¬â¢s China Experience: a Crisis in Toyland1280 Words à |à 6 PagesMattelââ¬â¢s China Experience: A Crisis in Toyland In 2007, Mattel a California based toy company shockingly recalled 19 million toys that had been manufactured in China. Mattel was founded in 1944, and has produced iconic toys such as Barbie and Hot Wheels. The company had a long established trust with their consumers that had been forged from decades of reliability. However, when the company recalled 19 million toys due to health and safety violations, consumer confusion and outrage soared. The publicRead MoreCase 7: Mattel: Overcoming Marketing and Manufacturing Challenges3287 Words à |à 14 Pagestrendsâ⬠(Ferrell, et. all 466). This is supported by Mattelââ¬â¢s legal battle with Carter Bryant and MGA, their forced recall of certain toys that were manufactured overseas, and the increasing rate at which traditional toys are becoming less appealing to todayââ¬â¢s young audience. Essentially, Mattelââ¬â¢s mismanagement and oversight lead to violations in terms of ethical and social responsibilities and safety standa rds. Issues Relevant to the Problem: Mattelââ¬â¢s problem of mismanagement can be divided into severalRead MoreMattel and the Toy Recalls1684 Words à |à 7 Pagesto consumers.â⬠21 Mattelââ¬â¢s position as a leader in the global toy industry was so formidable that Mattelââ¬â¢s international business division with gross sales of $ 2.7 billion in 2006 would be the industryââ¬â¢s third largest company, if it was a separate company, and Mattelââ¬â¢s U.S. business with $3.4 billion would still be No.1. In 2002, Mattel closed its last factory in the United States, originally part of the Fisher-Price division, outsourcing production to China which began a chain of events that ledRead MoreSupply Chain Analysis of Mattel7209 Words à |à 29 PagesExecutive Summary Team 2 has researched and completed a comparative analysis of Mattelââ¬â¢s supply chain design and related costs with that of its major competitor Hasbro and the toy industry. What follows, is a brief background of Mattelââ¬â¢s traditional (non-electronic game) sector, its key competitors and Mattelââ¬â¢s use of supply chain management concepts in addressing the competitive landscape to gain a competitive advantage. The global toy and game market grew by 7.2% in 2007 with a value of $106.1Read MoreMattel Case Study Analysis2324 Words à |à 10 PagesMattel Case Study analysis II Problem Statement As per the case study, Mattelââ¬â¢s main issue is that they are not living up to their core mission. The case clearly states that Mattelââ¬â¢s philosophy is to satisfy the customerââ¬â¢s needs and wants. Delivering what the customer needs and wants can be segregated into two broad categories: First, product development: According to the case, Mattelââ¬â¢s product development ensures that its portfolio never stagnates. Unfortunately, Mattel has failed to adaptRead MoreThe Success Of The Barbie Doll1873 Words à |à 8 Pagesper year, the purchase of other toy companies in the 90ââ¬â¢s and licensing agreements allow Mattelââ¬â¢s revenues to steadily increase. Its strong brand identity and popular characters, combine with increased communications has helped Mattel rise in markets around the world. For example, Barbieà ® is now sold in 150 countries and Mattel claims that three Barbies are sold every second. Globalization Successes Mattelââ¬â¢s products and branding were so popular that in order to keep up with the domestic demand andRead MoreMattel Case Study Analysis1294 Words à |à 6 PagesUnit Four Mattel Case Study Analysis Tosha Collins Kaplan University School of Business and Management MT 460-04 Management Policy and Strategy Dr. K. Peterson 1/31/12 Unit Four Mattel Case Study Analysis In 1944, the Mattel brand was founded by Ruth and Elliot Handler and Harold ââ¬Å"Mattâ⬠Matson. They launched Mattel out of a garage workshop in Southern California. The first Mattel products were actually picture frames, but Elliot soon started using the scrap from the picture frames to createRead MoreBarbie And Her Dream House Or Racing Hot Wheel Cars1983 Words à |à 8 Pagesor racing Hot Wheel cars are most often thought about when reflecting on your childhood. Have you ever stopped to think, where those toys were made, or if the company making them is ethical? Most consumers do not however the leaders at Mattel do. Mattelââ¬â¢s leaders know they have an ethical and social responsibility to their customers. Their goal is to produce toys that are not only safe but also made at ethically run production facilities. Leaders of companies that have an ethical corporate cultureRead MoreMattel Case Analysis2373 Words à |à 10 PagesMattel Case Analysis Problem Definition The problem surrounding Mattel Inc. is their mismanagement of international subcontractors and vendors and the production of certain toys (the manufacturing process), as well as their inability to adapt their marketing strategy or product to the constantly changing ââ¬Å"demographic and socioeconomic trends.â⬠This is supported by Mattelââ¬â¢s legal battle with Carter Bryant and MGA, their forced recall of certain toys that were manufactured overseas, and the increasing
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