This essay focuses on how Firms can use Operations Management and Supply Chain Management to gain competitive advantage. Here are the three reasons I think Amazon is the world's best business. Value investors search for companies that are bargains. it captures the biggest market share in the industry and then is able to remain the market share leader for a long time thereafter. The ways in which competitive advantage in operations management can be achieved are explained with special focus on game … Sustainable competitive advantages are required for a company to thrive in todays global environment. M. Porter has identified 2 basic types of competitive advantage: cost and differentiation advantage. 1. Competitive advantage is measured by … Porter argued that a company could achieve superior performance by producing similar quality products or services but at lower costs. b. a sufficiently large number of buyers have a lasting preference for its products or services as compared to the offerings of competitors. A company achieves sustainable competitive advantage when a. it has a profitable business model. Cost advantage. In order to avoid purchasing a value trap one of the factors we search for is sustainable competitive advantages. A company achieves a sustainable competitive advantage when it obtains an ability that is not able to be duplicated by another company. It has a sustainable competitive advantage. Almost any advantage can be imitated. Once a company achieves competitive advantage through an innovation, it can sustain it only through relentless improvement. A company achieves sustainable competitive advantage when it is able to charge a lower price than its rivals and still earn satisfactory profits. Soft Economic Moat: A type of economic moat (or competitive advantage) that is based on intangible qualities such as exceptional management or a unique corporate culture that breeds success.