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Value chain thru general electric

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  • 1. History of GeneralElectric
  • 2. In 1876 Thomas Edison opened a lab in Menlo Park, new jersey.Thomas invented light bulb.
  • 3. Other inventions are : pin foil phonograph, electricity, film and audio devices and much more.
  • 4.  In 1890 Thomas brought together several of his business interests under one corporation to form Edison general electric company. In 1892 Thomson Houston electric company under the leadership of Charles Coffin was merged with the Edison’s company with the help of JP Moegan, a finance company, into the name of General Electric Company. JP Morgan
  • 5.  Charles Coffin, Edwin Houston, Eli hu Thomson, Thomas Edison. Schenectady, New York (USA) in 1892.
  • 6.  World wide in more than 100 countries. Appliances, aviation, consumer electronics, electrical distribution, Entertainment, finance, gas, healthcare, lighting, locomotives, oil, software, water, weapons, wind turbines, electric motors, energy, More than 300,000
  • 7.  USS 751.216 billion USS 124.198 billion
  • 8.  USS 150.211 billion USS 15.166 billion USS 12.163 billion
  • 9.  In 1911 (NELA) National Electric Lamp Association was merged with GE. GE established its own lighting division headquarter at noel park east Cleveland, Ohio. In 1935 GE was one of the 30 companies traded with the London stock exchange. Trough 1960’s GE was one of the eight major companies
  • 10. Value ChainManagement
  • 11. History of ValueChainThe value chain is a concept from business managementthat was first described and popularized by Michael Porter in1985.
  • 12. Value Chain • In recent year term such as value chain and demand chain have been used instead of or interchangeably with supply chain. • A value chain include every step from raw material to the eventual end user. • A common threat among these perceptions of supply value and demand chain is that of value.
  • 13. Value Chain• Value to the customer is good quality a fair price and fast and accurate delivery.• The ultimate goal of value chain is the delivery of maximum values to the end user. Value Analysis
  • 14. Contents Of Value Chain • Firm level • Requirement of value chain • Industry level • Supply chain operations reference
  • 15. Importance of ValueChain
  • 16. IM Multi level Distribution System POR Integrate Suppliers and Manufacturers T Strategic Weapon AN Role of Value Chain in Information C E
  • 17. Economies of Scale Mixing of ProductReduces Risk pooling Multi level Distribution System
  • 18. Integrate Suppliers and ManufacturersProduction and Distribution of Merchandise Minimize System Wide Cost Satisfying Service Level Requirement
  • 19. Strategic Weapon Cost and Response Time Value Chain reduces CostGeneral Electronic Technologies
  • 20. Role of Value Chain in InformationTransfer of goods and Information Eliminate Inefficiency Vender Manage Inventory
  • 21. Importance of ValueChain Management
  • 22. Importance of Value ChainFocus on core competencies  Increase number of steps in supply chain  To optimize integrated efficiency of these steps  Including response time  Cost resource
  • 23. Successfully used in large scale organization  To show how work slection  Work planning  Work scheduling  Work execution  Help drive lean approaches to maintenance
  • 24. Find unique combination  Customers are offered solutions  Truly meet their unique needs incredibility fast  Compititors can’t match your price
  • 25. Create value chain startegy  It meets and exceeds customer needs and desires  Allows for fully seamless integration among all members of chain
  • 26. General ElectricValue chain
  • 27. Value Chain ManagementIt means primary activities of companyFollowing are some activities Inbound logistics Operations Outbound logistics Marketing and sales Service
  • 28. Logistics In partnership with customer and suppliers General Electric develop reputation for excellent performanceGeneral Electrics Client Business Services Inc (CBSI)Here Miss “Marilyn Necak “control GE’s freight system.Audit and Pay the freight bills Bills  Inbound shipments  Outbound shipments
  • 29. THE SUCCESS OFLOGISTIC MANAGEMENT RESULTS IN:Greater operational efficiency for the fleetSignificant reduction in life cycle costs for the system
  • 30. Products and Services  Appliances  Oil & Gas  Aviation  Rail  Consumer  Energy Electronics  Software & Services  Electrical  Finance-Business Distribution  Finance-Consumer  Healthcare  Water  Lighting
  • 31. M Not enough Marketing system 2500 marketers  Strategic decisionsA  Branding  Overall market direction.R Transformation of Marketing ProcessK  HBR ► Transformation ► Framework for businessesE  Three core Components ► Principles ► PeopleT ► ProcessING
  • 32. S Affective sales through Automation or Customer Relationship Management (CRM)A Chris Moreland(global commercial excellence leader)  Lose sight of the Customer  Processes and GoalsL  What customer want to buy  What customer want from our salespeople Keith Shipp(senior vice president)  SalespeopleE ►strong business acumen ►commitment to the customerS
  • 33. After sale Services Refurbished sales Repairs Spares Services Enhanced Services
  • 34. Operations  Northern Asia  Southeast Asia Australia & New Zeeland  Europe  Middle East Africa  North America  Latin America
  • 35. O P Our consolidated Financial statements combine the industrial manufacturing, services and media businesses of GeneralER Electric Company (GE) with the financial services businesses of General Electric Capital Services, Inc. (GECS or Financial services)AT We discus our Operations in Five parts  Overview of Our Earnings I  Global Risk Management  Segment OperationsO  Geographic Operations  Environmental MattersN S