Value chain analysis examines a business unit and examines how products pass through the chain, in order from inbound logistics to service, market & sales and other elements. The information provided shows where in the chain products are slowed or altered from the intended design.
no different it's the same
Value chain analysis is the process to determine which process of production is increasing the value of product and which is not so that the product manufacturing cost can be reduced by eliminating that process from the production chain.
The entire description can be found at:http://www.netmba.com/strategy/value-chain/ The APA reference for this site is: Net MBA, (2007). The value chain. Retrieved December 20, 2007, from Net MBA Web site: http://www.netmba.com/strategy/value-chain/
The value chain analysis
A value chain is the series of activities that a business performs in order to deliver a product or service to the marketplace. The value chain method is significant due to it being a powerful tool for analysis and strategic planning for the business model.
ABM strategically incorporates activity analysis, activity-based costing (ABC), activity-based budgeting, life cycle and target costing, process value analysis, and value-chain analysis.
If you are doing Porter's value chain analysis on an asset management company (Porter 1983), the distribution channel will be integrative HR policies and the synergistic value chain linkages between functional deliverables and employee KPIs. This is because value chain analysis is best suited to manufacturing companies, rather than service organisations like asset management companies.
Well, let's think about the value chain of Coca-Cola like a beautiful painting. From sourcing ingredients like sugar and water, to manufacturing, marketing, and distribution, each step adds value and contributes to the final product we all know and love. Just like a painting where each brushstroke plays a vital role in creating a masterpiece, each stage of Coca-Cola's value chain is essential in bringing joy to people all around the world.
A value chain of each competitor will certainly go ahead and help one understand the gaps which each competitor has in the respective chain. The company who is doing the profiling can then target these gaps as opportunity areas and build on its competitive advantage ..
The virtual value chain differs from the conventional value chain primarily in its focus on information and digital processes rather than physical goods. While the conventional value chain emphasizes the sequential steps of production, logistics, and sales of tangible products, the virtual value chain incorporates activities such as data collection, analysis, and digital distribution. This shift allows for enhanced efficiency and responsiveness to customer needs through technology, enabling businesses to create value in a more agile and innovative manner. Ultimately, the virtual value chain highlights the significance of information as a critical asset in modern economies.
Value chain analysis has several limitations, including its focus primarily on internal processes, which may overlook external factors such as market dynamics and competitor actions. It can also be time-consuming and resource-intensive, making it less practical for smaller organizations. Additionally, the analysis may oversimplify complex interdependencies and fail to account for the qualitative aspects of value creation, such as brand reputation and customer relationships. Lastly, it may not adapt well to rapidly changing industries where traditional value chains are disrupted.
Factor affecting statment value analysis