By Regina Neubauer
The value of coping with end-to-end provide chains from one hand has been the topic of debate for over ten years. Regina M. Neubauer presents a solution on how this sort of situation may paintings by means of learning small- and medium-sized firms within the ecu logistics in keeping with her company version functionality Scoring Framework. She proves that small- and medium-sized agencies in logistics are sustainable, i.e. she identifies Hidden Champions which are profitable companions in a collaborative company version via providing individualized solutions.
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Extra resources for Business Models in the Area of Logistics: In Search of Hidden Champions, their Business Principles and Common Industry Misperceptions
2009), coined the term “Hidden Champions”. He defined it by three criteria that a company has to meet for qualification (Figure 2) and used it for companies small and medium in size across industries. The first articles with this term were published by Simon in the 1 Introduction 8 Zeitschrift fuer Betriebswirtschaft in 1990 (Simon 1990, pp. 875-890) and in the Harvard Business Review on lessons from Germany’s midsize giants in 1992 (Simon 1992, pp. 115-123). In 1996, an article in the Business Strategy Review (Simon 1996c, pp.
While the majority of SMEs generally do not operate internationally, an easily comprehensible, but very meaningful and thereby also successful group of companies has a large degree of internationalization. In contrast, LSEs outperform in meeting defined quantitative criteria, whereas a common definition is lacking. Accordingly, companies are large in size if they achieve an annual turnover of at least 100 m. DM, which equals about 51 m. euros3 and if their number of employees is more than 1,000 (Schwietert and Middeke 1968, p.
The term was first introduced to business in Germany in 1971 by Goesta B. Ihde, who later also introduced logistics as a business discipline (Merkel and Heymans 2003, p. 7). As in the times when logistics was used in a military context, logistics remains a decisive factor for competitive victory today. Competition is the ‘war’ of business where moving goods and products are the weapons and ammunition of modern business firms. 1 very briefly reviewed the emergence of logistics in business and management.
Business Models in the Area of Logistics: In Search of Hidden Champions, their Business Principles and Common Industry Misperceptions by Regina Neubauer