CONCLUSION

For a company that will turn one hundred in a decade, Nestle has almost tried all of the strategies
there can be. Nestle company has expanded internationally, helped countries’ economies grow, be
environmentally conscious and create joint ventures with other companies in which enhanced Nestlé’s
and these companies’ performance positively. The theory based framework and models might be very
useful but the application in practice might be achieved very hard. It will also depend on the execution
skills of the companies and the organizational culture. Nestle company is an international company
which came to the stage it is today by gaining superior competitive advantage over its rivals. The
focus product differentiation strategy has been very successful although it may not work for other
firms. The company is able to create and deliver value not only by offering distinguished products but
also gaining effectiveness and efficiency by reengineering its business process. By doing all
recommendations and follow all these steps of adapting JIT strategy, Nestle will do better in the future
than its competitors and might be trend setter in some criteria and also gain its above average returns
to their company

RECOMMENDATION
According to the analysis we did, Nestle only have few problems otherwise company is doing its best
in the industry so far. They have attained the highest market share for their brands. The problems they
are facing are distribution channels, bootblack of mixer, and strategies used to achieve its long-term
objectives. Given the enormous potential benefits of applying the Just in Time (JIT) principles, the
finding that the majority of SMEs in the manufacturing sectors are not applying JIT inventory
management is quite disturbing. SMEs in the manufacturing sector, particularly in the food sector, can
benefit a lot in terms of reduced storage costs, low loss of products are due to obsolescence and lower
inventory holding costs. Furthermore, the results of the study found a statistically significant positive
relation between the application of JIT inventory management philosophy and improved quality and
flexibility. Such a positive influence can be of great benefit to the food sector, given the challenges of
operating in the 21st century economy which is bombarded by ever-changing customers’ needs and
increasing levels of competition from both existing and new innovative businesses. Surviving in the
21st century business economy requires flexibility, innovations, and finding approaches to prove the
best customer value at competitively lower cost. Applying the JIT inventory management principles
can be a step forward surviving the harsh realities of the modern business economy. Emanating from
the challenges in applying the JIT principles, there is a need to build strong supply networks between
the SMEs and their suppliers. It is therefore recommended that SMEs in the manufacturing sector
should be taught the principles of JIT inventory management and the best ways of applying the
principles.
Nestlé’s problems can be eliminated by strategically thinking and implementing strategies which can
be effective in terms of both profit and growth. Solutions to these problems that they should adopt
Just In Time Strategy in order to go for joint ventures with their distributors cut short their own
tensions and make others to their jobs. So, if they go with Just in Time (JIT) strategy, they might be
able to have more market share and demand for the product can be increased and more market can be
stringed. They can increase throughout the mixer by having an added mixing plant