Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
“The value chain provides a useful framework for examining the areas where costs are incurred within a business. The value chain is a set of linked processes or activities that begins with acquiring resources and ends with providing goods and services that customers value” (Langfield-smith et al, 2015, p 44).
REQUIRED:
1) With reference to the above statement, describe what is meant by the value chain.
2) Explain how the value chain may be used to estimate costs.
3) Describe each segment of the value chain and explain why information about costs in the various segments of the value chain can be useful to managers.
4) Identify and explain the major purposes of value chain using examples from your selected annual report/ annual review of one of top 100 manufacturing companies listed on ASX.
Write response in 1500 words for second part.
Verified Expert
Value chain can be described best as a series of processes that exist in a business, which could add value to the company. It provides an insight into various key business processes and analyses areas of improvement with respect to better resources and expense management. Successful businesses are all about higher value creation. With a given set of resources and under certain set conditions if a business is able to generate more value at the same cost as compared to another, then naturally it would attract more customers. In short value chain can be described as a process within the process itself. It identifies, analyses and improvises the existing processed in all existing processes of an organization for improvement of cost efficiency and long term sustainability of an entity.
This assignment explain the supply chain management process of cwc. What is the current annual supply chain cost?
Identify a number of the typical criteria used when making new location decisions
Determine the mean critical path for Brent's job search process. What is the variance of the project duration?
Please compare and contrast economic, market, and relevancy value.
Health system in Pennsylvania
Supply chain strategy
Nittany Fans of Lewistown, Pennsylvania, is a distributor of industrial fans used in plants, warehouses, and other industrial facilities.
What factors reduce the capacity of the organization to get its objectives?
What is the total annual cost
Briefly define the following two supply chain metrics: (i) inventory turnover ratio and (ii) supply chain velocity.
Explain the supply chain management concept, Differentiate between public and private sector organisations in terms of their supply chain objectives and strategies
How warehouses can add value in the supply chain
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd