A List of Main Competitors
Plastic Revolutions, Inc.(PRI) is headquartered in Reidsville, North Carolina and operates primarily on the east coast. The company recycles various grades and forms of plastic scrap and post-consumer plastic, but their focus is on High Density Polyethylene(HPDE). After a basic Google search, we found a few local competitors including Reily Recovery Systems, Inc., located in Haw River, North Carolina and New Life Plastic Recycling, Inc., located in Burlington, North Carolina and various other companies along the east coast. To confirm which companies were main competitors, we contacted Ed Handy, General Manager at Plastic Revolutions, Inc. He confirmed that KW Plastics, headquartered in Troy, Alabama and Envision Plastics, also located in Reidsville, North Carolina, were their main competitors (E. Handy, personal communication, October 14, 2016).
PRI’s Strengths Compared to the Competition
Plastic Revolutions, Inc is “one of only two companies in the region that can process high molecular weight HDPE (High Density Polyethylene) and produces extremely clean HDPE flakes and pellets (PRI, Challenge Instructions).”
Plastic Revolutions is also one of the only domestic recycling firms to hold the ISO 9001 Registration. The ISO 9001 is a standard based on quality management principles including strong customer focus, attention of top management, and a process of continual improvement (“ISO 9000 Quality Management,” 2016). These principles ensure
1. Who are the country’s main competitors and how is it positioned relative to these main competitors?
In fact, many of the major plastics used today began when commissioned to be used for the war effort (Freinkel, 6). When plastic was first brought to The United States, the American people loved it. Not only can plastic imitate other materials, but it is also much more affordable. Overall, plastic is cheap. The leap in plastic produced from the ‘40s until now is extremely substantial. For instance, in 1940 plastic was hardly used, in 1960 a single American used close to 30 pounds of plastic per year, today each individual uses more than 300 pounds of plastic per year (Freinkel, 6). A major impact on the amount of plastic used is directly related to the way Americans, starting in the 1940s, were now able to mass produce plastic products. For instance, a single plastic comb making machine could reproduce ten combs in less than one minute (Freinkel, 22). Overall, plastic is relatively inexpensive and it is made for mass manufacture. Considering this it is east to see why plastic became so popular in the first place, it was a plastic miracle. However, there is a direct relationship between the amount of plastic produced and the amount of plastics that are being polluted into the
Plastics are light and convenient handling, achieving widespread customer acceptance. In general, plastic packing growths fast and posts significant threats of substitution to cans
Diamond Chemicals is producing polypropylene at Merseyside, England and in Rotterdam, the Netherlands. Both factories are identical in size, age, and plant design.
Developed techniques of plastic
For each production stage, list input materials such as raw materials or output from previous stages, and output materials such as products, byproducts, wastes, or pollutants. Describe the process used at each stage and identify the least sustainable
The plastic around the world is building up to become a huge world problem. Each year eight million tons of plastic
Riordan Manufacturing is a leading provider when it comes to plastic manufacturing. Founded by Dr. Riordan in 1991 under the name Riordan Plastics, from the start Dr. Riordan goals were originally aimed towards examining and inventing patents. However, as time past during the exploration of his business endeavor, Dr. Riordan acquired a manufacturing plant which enabled the ultimate creation of plastic manufactured goods. Therefore, altering the company’s name to Riordan Manufacturing.
PET(Polyethylene Terephthalate) vs PLA(Polylactide), which one is better or worse than the other? Both of these polymer is used in the world today. PET is perhaps the more famous one because of its cheap prices and many uses. 30 % of the global demand for PET happens to be plastic bottles. PLA the other type of polymer is just now gaining momentum being used as a bottle in the market today. It is derived from renewable resources (corn) that we can regrow a lot easier than the polymer that we harvest from trees. In my opinion I think there are a few more pros for PET then there are for PLA.
Being a fortune 1000 enterprise and leader in the area of plastic injection molding, Riordan Manufacturing, Inc. has gained international praise on producing new and improved plastic designs with their “state of the art design capabilities.” (Virtual Organization) Riordan Manufacturing’s facilities are located in San Jose, CA; Albany, GA; Pontiac, MI; and Hangzhou, China. Some of their products include: plastic drink containers (GA), tailor-made plastic parts (MI), and plastic fan parts (China). All research and development is done at their corporate office in California. With these resources Riordan Manufacturing can implement most any needs a company may have.
Home Depot competitors are primarily in the home improvement and hardware retail industry, but also compete in the building materials retail and distribution, consumer electronics and appliances retail, and convenience stores and truck stops sectors. Some of Home Depot’s main competitors include: Lowe’s, True Value, and Ace Hardware. Now, these competitors are the main competition of Home Depot and all three stores carry about 75% if not more of what Home Depot sells. Keep in mind, that there are also smaller companies, often family-owned lumberyards or hardware stores that compete with Home Depot and the other large chain stores. However, Home Depot’s biggest competition is Lowe’s. “Home Depot and Lowe’s are home
Competitive advantage(CA) is an advantage competitors gain by providing or offering customers or consumers greater value for their money through product and service differentiation or through lower prices. Maintaining competitive advantage is crucial to many businesses or organizations' success in order to survive in the market. Competitive advantage is characterized by superior performance which could be an attribute to outperform the competitors whether current or potential; or gaining a higher market share in a particular industry thereby ensuring market leadership; or ultimately, maximization of profit.(JOBBER 2010)
With the combination of polymers that don’t biodegrade and mass overproduction, companies are harming the environment in severe ways. Plastic, a material seen everywhere, is a polymer made from oil. It is mass produced to make everything from shampoo bottles to automobiles and does not biodegrade. When it is eventually thrown out, the waste usually finds it way into the ocean, where it is either buried under sediment or eaten by marine life (Weisman 287-295). Creating a material that will ultimately kill marine life will undoubtedly wreak havoc on the
“Competitive strategy involves positioning a business to maximize the value of the capabilities that distinguish it from its competitor’s” (Porter 1980:47). A successful business plan requires first and foremost the formation of an appropriate strategy. Through the implementation of a suitable strategy, the company is able to obtain its own industry niche and gain an understanding of its customers (Porter 1985). Whichever strategy is adopted it must be adequately integrated within the firms goals and missions to achieve a competitive advantage (Parker and Helms 1992).
Competitive advantages are conditions that permit an organization or nation to deliver a decent or administration at a lower cost or in a more alluring manner for clients. These conditions permit the gainful element to produce a bigger number of offers or unrivaled edges than its opposition. Competitive advantages are ascribed to an assortment of components, including cost structure, mark, nature of item offerings, dispersion and system, licensed innovation and customer support. Samsung had settled on the choice to receive design as a wellspring of competitive advantage in the 1990s. Prior, the company 's items had been unsatisfying and undifferentiated. In the mid1990s, the Group administrator, Kun-Hee Lee, started Samsung 's change from a low-end OEM into a world-class gadgets organization. Honing the company 's design aptitudes was a critical part of the activity. Be that as it may, this required significant changes in culture, procedures, and frameworks inside the organization. Samsung understood that competitive advantage can be accomplished through the design innovation. Samsung 's voyage toward design greatness began in 1993. That year, Lee supposedly went by a gadgets store in Los Angeles, USA. He saw, sadly, that the Samsung items in plain view looked ugly, while the results of Sony and some different organizations looked a great deal all the more engaging. He discovered too that the business staff at the store were themselves overlooking the Samsung