Profit Margins Are Increased when an effective value chain is created.
Analyze Firewire using the value chain and competitive forces models
A supply chain consists of series of activities in which a product or a material is simply transferred from a starting point to an end point, whereas in the value chain, instead of just transfering we add certain values to it. Eg: Suppose a supply chain is as follows: farmers- wholesaler-retailer-consumer. If the apples just passes through the same channels with out any grading or sorting, then it's a supply chain. However, if at any stage we add some values to the apples such as grading, sorting, packaging or cold storage, then this is called a value chain.
A supply chain focuses on the flow of goods, services, and information from suppliers to manufacturers to consumers, emphasizing logistics, inventory management, and the efficient delivery of products. In contrast, a value chain examines the series of activities within an organization that add value to products or services, including design, production, marketing, and customer service. While the supply chain is concerned with the overall network and processes involved in getting a product to market, the value chain highlights how each step contributes to competitive advantage and customer satisfaction. Both are essential for understanding the overall efficiency and effectiveness of a business.
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.
In the firm or industry have one particular Value chain model which have two activities primary and secondaryPrimary activities are:- Inbound logistics -> operation -> outbound logistics -> sales/marketing -> servicesSecondary activities are:- Infrastructure, human resource management information technology and ProcurementBy - Merajul husain
Objective of a Supply Chain • Maximize overall value created • Supply chain value: difference between what the final product is worth to the customer and the effort the supply chain expends in filling the customer's request • Value is correlated to supply chain profitability (difference between revenue generated from the customer and the overall cost across the supply chain) • Sources of supply chain revenue: the customer • Sources of supply chain cost: flows of information, products, or funds between stages of the supply chain • Supply chain management is the management of flows between and among supply chain stages to maximize total supply chain profitability
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/
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.
As a general rule the longer the carbon chain the greater the Rf value.
customers
VALUE CHAIN IS BASICALLY STARTING FROM PROD'N TO REACHING THE OFFERING GOODS TO THE END CONSUMER .
tom clewlow
The effective value of an AC = AC/√2. Example: the effective value of 8.5 V AC is 6.01 V, because 8.5/√2=6.01 Hope that helped :)
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.
Analyze Firewire using the value chain and competitive forces models
Identification of all such processes within an organization along with a specification of the relationships among them provides a value chain.
Effective = RMS= average Not for a sine wave it isn't. The r.m.s. value of a sine wave is 1.11 x the average, or mean, value. The "effective" value is not a term which I've seen in any of my reference books.