Textile Industry: The textile industry occupies unique position in the Indian economy, because it contributes significantly to industrial production (14 per cent), employment generation (35 million persons directly - the second largest after agriculture) and foreign exchange earnings (about 24.6 per cent). It contributes 4 per cent towards GDP. It is the only industry in the country, which is self-reliant and complete in the value chain i.e., from raw material to the highest value added products.
While ever manufacturing company or industry works to master the management of their supply chain, there is no universal requirement that they have their staff certified in the management of products. Some states and provinces (Canada) may have regulations to a degree or affect, there is no universal requirement.
The functional areas of a process industry typically include production, quality control, maintenance, and supply chain management. Production focuses on the transformation of raw materials into finished products through various processes. Quality control ensures that products meet specific standards and regulations. Maintenance is responsible for keeping equipment operational, while supply chain management oversees the procurement of materials and distribution of products.
The main problem facing the maritime industry today is the need to balance environmental sustainability with economic growth. Growing regulatory pressures to reduce greenhouse gas emissions and manage marine pollution are challenging traditional operations, while supply chain disruptions and rising fuel costs further complicate logistics. Additionally, the industry grapples with a workforce shortage and the need for technological advancements to enhance efficiency and safety. Addressing these interconnected issues is crucial for the industry's future viability.
Well, in simple terms you've got three main sectors of the economy. There's primary industry at the start of the chain, which includes miners, farmers, and anybody else who collects raw materials. Secondary industry encompasses manufacturing, and everybody else who takes those raw materials and processes them into something useful. At the other end of the chain is tertiary industry, which sells those products on to you and me in shops. If manufacturing didn't take place, the primaries would have nobody to sell their raw materials to, while the tertiaries wouldn't have anything to stock the shelves in their shops. Perhaps more importantly than any of this, if the secondary industry didn't exist, our houses would be empty, for nobody would have manufactured any of the things we use. And our houses wouldn't be here either, as nobody would have built them. And then we'd be right up a certain creek without a paddle. Because nobody would have bothered to make a paddle.
VALUE CHAIN IS BASICALLY STARTING FROM PROD'N TO REACHING THE OFFERING GOODS TO THE END CONSUMER .
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
Industry and Innovation
Value Drivers in a company is the Head of the company.
automobile industry
Here are a couple of URLs for two examples of banking value chain. In the first one (lionsshare), click where indicated below the value chain image to enlarge it. Once it is enlarged, place youe pointer over the orage-colored texts to get bubble listing value drivers under that element of the vaue chain. At the webpage of the second URL place your pointer over each of the grey boxes to get further explanation of the item. http://www.lionsshare.com/sub2.asp?s=bvc# http://www.soc.duke.edu/NC_GlobalEconomy/banks/value.shtml
Hedley Rees has written books on pharmaceutical supply chain management, including "Supply Chain Management in the Drug Industry: Delivering Patient Value for Pharmaceuticals and Biologics." He is recognized for his expertise in this field and provides insights on optimizing supply chain operations in the pharmaceutical industry.
Profit Margins Are Increased when an effective value chain is created.
Jeff Neilson has written: 'Value chain struggles' -- subject(s): Coffee industry, Globalization, Economic aspects of Globalization, Tea trade
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.
You're probably thinking transportation industry, but they're not limited to that. There are truck drivers in many industries - oil industry, chemical industry, manufacturing industries, etc.