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. Porter argued that a company could achieve superior performance by producing similar quality products or services but at lower costs. Once a company achieves competitive advantage through an innovation, it can sustain it only through relentless improvement. A company achieves sustainable competitive advantage when a. it has a profitable business model. M. Porter has identified 2 basic types of competitive advantage: cost and differentiation advantage. Almost any advantage can be imitated. This essay focuses on how Firms can use Operations Management and Supply Chain Management to gain competitive advantage. b. a sufficiently large number of buyers have a lasting preference for its products or services as compared to the offerings of competitors. it captures the biggest market share in the industry and then is able to remain the market share leader for a long time thereafter. 1. A company achieves sustainable competitive advantage when it is able to charge a lower price than its rivals and still earn satisfactory profits. A company achieves a sustainable competitive advantage when it obtains an ability that is not able to be duplicated by another company. Value investors search for companies that are bargains. Cost advantage. Competitive advantage is measured by … In order to avoid purchasing a value trap one of the factors we search for is sustainable competitive advantages. Here are the three reasons I think Amazon is the world's best business. 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