Sime Darby Sectors and Industries
Sime Darby is a conglomerate company whereby it involves in more than one sector which is operating locally and internationally. Sime Darby in the website had classified its sectors into two, which are core businesses and other businesses. The core businesses that are running are plantation, industrial, motors, property and energy & utilities. Meanwhile the minor industries of Sime Darby are healthcare, consumer products and insurance broking and agency.
Since the pioneering stage of Sime Darby, the company had started off with plantations of rubber mainly in Malaysia. Even though they had diversified their nature of business, plantations are still the main business of the company. Most of the rubber plantations are then substituted by oil palm to meet the needs of industry back then. Currently, Sime Darby has about 204 estates in Malaysia and Indonesia and in Malaysia itself; Sime Darby has about 129 estates of oil palm estates. Sime Darby is one of the largest contributors of palm oil in the world whereby, it covers up to 6% of the world supply and roughly 66% came from Malaysia. Sime Darby does not just own oil-palm and rubber plantations. They also mill their own fresh fruit brunches into palm oil which is for the sake of effective management and cost effective business. They have 61 oil mills across both Malaysia and Indonesia. As one of the professionals in oil palm industries, Sime Darby has become the pioneer of sustainable agricultural practices and applies Zero Burning Replanting technique to dispose their plants.
Meanwhile, in industrial division, Sime Darby also provides varieties of equipment and services. They sell and rent new machines, engines and used equipments and also offer ...
... middle of paper ...
...e Darby are healthcare, consumer products and insurance broking and agency. Sime Darby had opened up several Medical Centers in Malaysia by collaboration with Ramsay Health Care. Besides that, the collaboration had also managed to operate Sime Darby Nursing and Health Sciences College. In addition, Sime Darby holds up to 30% shares of Tesco Stores in Malaysia which is one of the most competence consumer products hypermarkets. Insurance broking and agency owned by Sime Darby is the collaboration with Lockton (world’s 9th largest risk services group) and specializes in delivering risk management, insurance and takaful solutions. Sime Darby Lockton Insurance Brokers Sdn Bhd is licensed and regulated by Bank Negara Malaysia.
http://www.simedarby.com/Other_Businesses.aspx http://www.caterpillar.com/en/company.html http://www.simedarby.com/Core_Businesses.aspx
Rifin, A. (2010). The Effect of Export Tax on Indonesia’s Crude Palm Oil (CPO) Export Competitiveness. ASEAN Economic Bulletin, 27(2), 173–84.
ToolsCorp is not exempt from the need of profit. Financial objectives should be outlined and include increasing income, profit increases, maximizing of investment utilization, and decreasing costs (Dodangh, Mojahed, and Nasehifar, 2010). However, their financial plan goes beyond that of just numbers. It seeks to compensate its employees and investors to allow them to live life. Through continuous quality improvement, the company seeks to reach Six Sigma standards to reach for zero defects and waste, which will pass savings onto the customer. It will also provide a quality product that will create loyalty through repeat sales (Ridley, 2014).
World Growth, 2011. The Economic Benefit of Palm Oil to Indonesia, Palm Oil Green Development Campaign, 1-27
Cosmetics, soap, chocolate, and frozen meals. These general products all have something in common; they include palm oil, a resource found in oil palm trees located primarily in Indonesia and Malaysia. Palm oil is a valuable resource that is contained in many everyday products. However, the mass consumption of this ingredient caused wide deforestation in wildlife’s natural habitat and is leading to the endangerment of several animal species. Sustainable palm oil is grown and harvested by companies on private land to avoid deforestation and harm to wildlife, so people should consider purchasing products that include sustainable palm oil rather than palm oil taken from natural forests.
The Darby Company is re-evaluating its current production and distribution system in order to determine whether it is cost-effective or if a different approach should be considered. The company produces meters that measure the consumption of electrical power. Currently, they produce these meters are two locations – El Paso, Texas and San Bernardino, California. The San Bernardino plant is newer, and therefore the technology is more effective, meaning that their cost per unit is $10.00, while the El Paso plant produces at $10.50. However, the El Paso plant has a higher capacity at 30,000 to San Bernardino’s 20,000. Once manufactured, the meters are sent to one of three distribution centers – Ft. Worth, Texas, Santa Fe, New Mexico and Las Vegas. Due to the proximity of El Paso to Ft. Worth, they are only plant to ship to Ft. Worth. The costs associated with each shipment are described in detail in Appendix 2.2A. From these distribution centers, meters are shipped to one of nine customer zones. The Ft. Worth center services Dallas, San Antonio, Wichita and Kansas City, the Santa Fe center services Denver, Salt Lake City, and Phoenix, and the Las Vegas center ships to Los Angeles and San Diego.
Commercial enterprises: materials, shoes, chemicals, concrete, timber, iron mineral, tin, steel, flying machine, engine vehicles and parts, other apparatus and gear
The Dangote Group is the largest industrial conglomerate in West Africa and one of the largest in Africa. It generated revenue in excess of US$2 billion in 2011. The group is one of the leading diversified business conglomerates in Africa. It employs in excess of 21,000 people. The Group focuses on provision of local, value-added products and services that meet the needs of the African population and that is why it is known all over the world today.
It is found that the positives of palm oil production are that the palm oil contains vitamins and is low in cholesterol which causes the lowering in cholesterol levels in humans. The palm oil is essential to the making of products including the cosmetics and cleaning agents. It can also provide the solution to poverty as $3000 per hectare of returns is provided. Also, it is found that the negatives of palm oil production are it results in the destruction of rainforests due to deforestation, it can cause extinction of species with 50% of decreasing for the orang-utan population, and it raises social issues with the loss of income and the dependence of the large plantations
The company has diversified so much that it has lost its core competency. Also, the acquired businesses are irrelevant in nature. The tool business needs a ‘Business to Business’ type of marketing. However, some of the firms are ‘Business to Consumer’ (e.g. Bakery Business, Dry cleaning store chain) and ‘Business to Government’ (e.g. Firm engaged in Defence research work) as well. So, lack of integration of the business is one of the key issues we need to address.
According to Susanto and Susanto (20), “Robert Kuok has many investments in many countries throughout Asia, including Singapore, the Philippines, Thailand, Mainland China, and Indonesia, as well as in Australia and Fiji. He also has interests of freight in Malaysian Bulk Carriers Berhad and Transmile Group (Chua, 2014). Mr Kuok has many companies all around the world but the main holding companies in Malaysia, Singapore and Hong Kong. Mr Kuok’s stake in Wilmar International Limited, which is the world’s largest palm oil company, is the main source of wealth for him (Wong,
The company land and building was bought for RM 1,000 million in the year 2000 and its expected market
The article addresses the ecological impact of palm oil plantation in Indonesia and Malaysia. The author conducts a descriptive study of how the increased demand for palm has impacted biodiversity especially indigenous animals such as orangutan. In order to assess the impact of palm oil plantation on orangutan’s habitat, the author conducted a literature review. The author notes that the need to expand land for palm oil expansion has negatively impacted the composition and the size of orangutan’s habitat. These findings imply that sustainable environmental policies and techniques need to be developed and implemented so as to mitigate the negative impact of the palm oil plantation of orangutan’s habitat.
Since it lacks of natural resources, Singapore needs to import mainly its sources from Malaysia especially fresh water. Malaysia also is the second largest export market after Hong Kong (11.6%). Other major trade partners are United States, Indonesia, China, and Japan. The major exports are machinery and equipment (including electronics and transport), consumer goods, chemicals, telecommunication apparatus, pharmaceuticals, and mineral fuels. With the activeness of the government in negotiating the eight free tra...
It is one of the world’s largest international insurance markets, with a leading share
Woodman, Chester L., Kurt Kuster. ?Small shop, big decision.? American Machinest (Apr. 2001): 78 EBSCOhost. Online. Nov. 2002 .