Poter
•Download as DOCX, PDF•
0 likes•104 views
The document discusses Porter's value chain model which views organizations as systems made up of subsystems that take inputs, transform them through processes, and produce outputs. These activities can be classified as either primary activities like inbound logistics, operations, outbound logistics, marketing and sales, and service, or secondary activities such as procurement, human resource management, technological development, and infrastructure, which all businesses must undertake to some degree.
Report
Share
Report
Share
Recommended
New microsoft office word document
Value chain analysis examines the activities involved in creating and delivering a product or service. It identifies which activities add the most value and should be the focus of strategic uses of technology. The value chain consists of primary activities like operations, marketing, and service, as well as support activities like procurement, technology development, and human resources. Analyzing the value chain helps determine an organization's strengths and weaknesses.
Methods & techniques
An Organization Should Approach All Tasks With The Idea That They Can Be Accomplished In A Superior Fashion
An organization capability refers to the way systems and people in the organization work together to get things done. The way leaders foster shared mindsets, orchestrate talent, encourage speed of change, collaborate across boundaries, and learn and hold each other accountable define the company's culture and leadership edge.
The firm’s ability to manage people
to gain competitive advantage.
• focuses on internal processes and systems for meeting customer needs
• creates organization-specific competencies that provide competitive advantage since they are unique
• ensures that employee skills and efforts are directed toward achieving organizational goals and strategies
A document issued by a recognized agency, and dealing with design and safety requirements relating to a specific product.
EXAMPLES
The U.S. Occupational Safety and Health Administration (051-IA) and the American National Standards Institute (ANSI).
OSHA standards are generally legally binding for an employer,
while ANSI standards are generally of an advisory nature. set industry standards with input from industry representatives and consumers.
“ Value Chain Analysis (VCA) is a process where a firm identifies its primary and support activities that add to its final product and then analysis to reduce costs or increase differentiation.”
“ Value Chain represents the internal activities a firm engages in when transforming inputs into outputs.”
Organizational Appraisal is the process of monitoring an organization’s internal environment to identify strengths and weaknesses that may influence the firms ability to achieve GOALS. It include identifying strengths and weaknesses.
A document issued by a recognized agency, and dealing with design and safety requirements relating to a specific product.
EXAMPLES
The U.S. Occupational Safety and Health Administration (051-IA) and the American National Standards Institute (ANSI).
OSHA standards are generally legally binding for an employer,
while ANSI standards are generally of an advisory nature. set industry standards with input from industry representatives and consumers.
A measurement of the quality
of an organization's policies, products, programs, strategies, etc., and their comparison with standard measurements, or similar measurements of its peers.
Value chain of lays
The document discusses the value chain of Lays potato chips. It defines a value chain as a set of activities a firm performs to deliver a product or service to customers. The value chain for Lays includes primary activities like inbound logistics of procuring potatoes from farmers, processing the potatoes into chips through production, quality checks and packaging, outbound logistics of storage and distribution, marketing and sales through advertising and price setting, and servicing through product returns. Support activities that underpin the value chain include legal certification, human resource management, technology improvements, and procurement.
Operations, Despatch and Transport Services
The operations office coordinates several key functions related to production including coordinating production activities, protecting workers and the environment, maintaining factory records, quality control, tracking costs of finished goods, and liaising with other departments. The operations office is responsible for ensuring machinery, materials, and workers are organized efficiently to produce and transport goods on schedule. Key roles include checking material stock levels, ensuring safety compliance, accurately filing inspection reports, identifying faulty products, calculating production costs, and collaborating with other teams.
Basic of Operation Management
Operations management refers to designing and managing processes to efficiently convert inputs like materials and labor into outputs like goods and services. The goal is to maximize profit by balancing costs and revenues. Operations management deals with issues from strategic planning like plant location down to operational issues like production scheduling. Historically, the field evolved from manufacturing management focused on division of labor, to production management using techniques like statistical process control, to today's operation management taking a systems approach.
Concept of value chain
For all the quires contact me my Email id :- vijayyadav1208@gmail.com
for mor update like me, share , follow me
Operations management notes
Operations management involves planning, organizing, and controlling the processes that produce and deliver a company's goods and services. It includes activities like managing resources, designing production processes, and ensuring quality. Operations management aims to reduce costs, increase revenue through customer satisfaction, optimize resource usage, and drive innovation. It transforms various inputs like materials, money, and labor into outputs in the form of goods and services.
Introduction to Logistic
Introduction to Logistic.
Learn about logistics. And how effectively use in supply chain management.
Test your IQ : https://goo.gl/kFbaAc
Recommended
New microsoft office word document
Value chain analysis examines the activities involved in creating and delivering a product or service. It identifies which activities add the most value and should be the focus of strategic uses of technology. The value chain consists of primary activities like operations, marketing, and service, as well as support activities like procurement, technology development, and human resources. Analyzing the value chain helps determine an organization's strengths and weaknesses.
Methods & techniques
An Organization Should Approach All Tasks With The Idea That They Can Be Accomplished In A Superior Fashion
An organization capability refers to the way systems and people in the organization work together to get things done. The way leaders foster shared mindsets, orchestrate talent, encourage speed of change, collaborate across boundaries, and learn and hold each other accountable define the company's culture and leadership edge.
The firm’s ability to manage people
to gain competitive advantage.
• focuses on internal processes and systems for meeting customer needs
• creates organization-specific competencies that provide competitive advantage since they are unique
• ensures that employee skills and efforts are directed toward achieving organizational goals and strategies
A document issued by a recognized agency, and dealing with design and safety requirements relating to a specific product.
EXAMPLES
The U.S. Occupational Safety and Health Administration (051-IA) and the American National Standards Institute (ANSI).
OSHA standards are generally legally binding for an employer,
while ANSI standards are generally of an advisory nature. set industry standards with input from industry representatives and consumers.
“ Value Chain Analysis (VCA) is a process where a firm identifies its primary and support activities that add to its final product and then analysis to reduce costs or increase differentiation.”
“ Value Chain represents the internal activities a firm engages in when transforming inputs into outputs.”
Organizational Appraisal is the process of monitoring an organization’s internal environment to identify strengths and weaknesses that may influence the firms ability to achieve GOALS. It include identifying strengths and weaknesses.
A document issued by a recognized agency, and dealing with design and safety requirements relating to a specific product.
EXAMPLES
The U.S. Occupational Safety and Health Administration (051-IA) and the American National Standards Institute (ANSI).
OSHA standards are generally legally binding for an employer,
while ANSI standards are generally of an advisory nature. set industry standards with input from industry representatives and consumers.
A measurement of the quality
of an organization's policies, products, programs, strategies, etc., and their comparison with standard measurements, or similar measurements of its peers.
Value chain of lays
The document discusses the value chain of Lays potato chips. It defines a value chain as a set of activities a firm performs to deliver a product or service to customers. The value chain for Lays includes primary activities like inbound logistics of procuring potatoes from farmers, processing the potatoes into chips through production, quality checks and packaging, outbound logistics of storage and distribution, marketing and sales through advertising and price setting, and servicing through product returns. Support activities that underpin the value chain include legal certification, human resource management, technology improvements, and procurement.
Operations, Despatch and Transport Services
The operations office coordinates several key functions related to production including coordinating production activities, protecting workers and the environment, maintaining factory records, quality control, tracking costs of finished goods, and liaising with other departments. The operations office is responsible for ensuring machinery, materials, and workers are organized efficiently to produce and transport goods on schedule. Key roles include checking material stock levels, ensuring safety compliance, accurately filing inspection reports, identifying faulty products, calculating production costs, and collaborating with other teams.
Basic of Operation Management
Operations management refers to designing and managing processes to efficiently convert inputs like materials and labor into outputs like goods and services. The goal is to maximize profit by balancing costs and revenues. Operations management deals with issues from strategic planning like plant location down to operational issues like production scheduling. Historically, the field evolved from manufacturing management focused on division of labor, to production management using techniques like statistical process control, to today's operation management taking a systems approach.
Concept of value chain
For all the quires contact me my Email id :- vijayyadav1208@gmail.com
for mor update like me, share , follow me
Operations management notes
Operations management involves planning, organizing, and controlling the processes that produce and deliver a company's goods and services. It includes activities like managing resources, designing production processes, and ensuring quality. Operations management aims to reduce costs, increase revenue through customer satisfaction, optimize resource usage, and drive innovation. It transforms various inputs like materials, money, and labor into outputs in the form of goods and services.
Introduction to Logistic
Introduction to Logistic.
Learn about logistics. And how effectively use in supply chain management.
Test your IQ : https://goo.gl/kFbaAc
Value chain and SWOT analysis
Value chain analysis helps only in identifying the strengths and weaknesses of each elements of firm’s value chain. SWOT can not be used to identify external opportunities and threats. It is a situation analysis of the organization. It is a groundwork for matching the strategy both to the external market and internal resources. It is away to analyze a firm’s internal and external situations.
AOL - Time Warner Merger And Its Failure
The document provides background information on the failed merger between AOL and Time Warner. It summarizes the histories of both companies, details the merger, and analyzes why it ultimately failed. The key reasons for failure included poor timing due to AOL's overvaluation, non-operational distractions, unrealistic growth expectations, a lack of strong leadership to integrate the companies and overcome cultural differences, and an overly politicized structure that hindered collaboration. The merger is now seen as one of the most remarkable corporate miscalculations.
Value chain & competitive advantage of toyota
PT. Toyota Motor Manufacturing Indonesia has established a competitive advantage through its value chain and production system. It focuses on efficient operations and just-in-time production to minimize costs. It also emphasizes quality control and customer satisfaction through initiatives like total quality management. Toyota aims to deliver high quality vehicles at low prices by continuously improving its production processes and reducing waste.
Value chain and competitive advantage of toyota
Toyota Motor Corporation is a Japanese automaker headquartered in Toyota City, Aichi, Japan. It was founded in 1937 by Kiichiro Toyoda as a spin-off from his father's company Toyota Industries to create automobiles. Toyota manufactures luxury brand Lexus and is involved in other industries such as robotics and financial services. Toyota has manufacturing plants and sales networks around the world and is one of the largest automakers and companies globally.
The Porter Value Chain
Wal-Mart has a highly integrated and efficient value chain. They focus on welcoming customers, low prices, and tailoring products to local communities. Wal-Mart collects real-time data on store inventories, sales, and supplier relationships to efficiently manage procurement, logistics, and operations across their large network. They invest heavily in technology and training employees to maintain low costs and drive profitability.
AOL Time Warner Merger Case Study
AOL Time Warner Merger Case Study Strategic Analysis, performing a SWOT, discussing the Culture of both firm's using Henry Mintzberg's Model, and evaluating the strategy.
Starbucks porter's case study
Starbucks is a global coffee company and coffeehouse chain headquartered in the US. It generates over $14 billion in annual revenue with over 200,000 employees. Porter's Five Forces analysis indicates rivalry is high in the coffee industry, but the threat of new entrants is low due to market saturation. Starbucks' value chain consists of primary activities like procurement, roasting, and customer service that directly create value, as well as support activities like training and technology that enhance value creation. Starbucks relies on high quality products and excellent customer service for marketing rather than large advertising budgets.
value chain analysis kfc vs mcdonalds
This document analyzes and compares the value chains of the fast food industries of McDonald's, KFC, and fried chicken operations. It outlines the primary and support activities for each, including inbound logistics of raw materials from specific suppliers, food preparation operations, outbound logistics, marketing strategies, technology use, procurement processes, infrastructure, and human resource management. Key differences between the companies are noted, such as KFC offering spicier products more tailored to Indian tastes, providing free delivery, and employing local staff.
Coca cola case-study
Coke created value and reinvigorated growth through brand belief and behavior activation. In 2004, sales were flat and the new CEO Neville Isdell recentered Coke on its core belief in happiness and inspiring optimism. He empowered 150 leaders to develop a "Manifesto for Growth" articulating Coke's vision, values, and 5P business focus areas of People, Planet, Portfolio, Partners, and Profit. Coke then expressed this vision externally through brand expressions and internally by tracking progress on goals. This unified Coke employees and partners to collaboratively deliver sustainable growth.
Lafarge Cement Value Chain
Lafarge is a French industrial company specialising in four major products: cement, construction aggregates, concrete and gypsum wallboard. The company is the world's largest cement manufacturer.
Lafarge was founded in 1833 by Joseph-Auguste Pavin de Lafarge in Le Teil (Ardèche), to exploit the limestone quarry in Mont Saint-Victor between Le Teil and Viviers. The limestone is white and argillaceous, and yielded an eminently hydraulic lime.
Walmart value chain-analysis
Walmart uses Porter's value chain analysis to examine its internal business activities. It focuses on logistics and using technology to track inventory and share data with suppliers. This allows Walmart to offer low prices through efficient procurement, distribution, and sales. It aims to replace inventory with information to better meet customer demand.
Walmart value chain analysis
Walmart has a highly efficient value chain that allows it to offer low prices. It uses technology to share sales data with suppliers, enabling just-in-time inventory management. Walmart transports goods from suppliers to its distribution centers and stores via a large private truck fleet. Stores are replenished nearly daily to keep shelves fully stocked. This model, along with low prices and a focus on customers, has fueled Walmart's rapid growth into a global retail giant.
Pizza Hut value chain analysis
Pizza Hut is an international pizza chain with over 6,000 locations in the United States and over 5,600 locations in 94 other countries. It entered India in 1996. Pizza Hut believes in providing excellent pizza and service to create happy customers who return frequently. Its value chain involves primary activities like procuring ingredients, producing pizzas and pastas, and delivering orders on time. Support activities include human resource management to train employees, technology development to improve products, and procurement to source high quality ingredients from local and international suppliers.
WalMart Analysis
The document provides an overview of Walmart's history, operations, strategies for international expansion, and lessons learned. It discusses Walmart's vision, mission, and goals, as well as its business model, value chain, and key competitive advantages. Regarding internationalization, the document examines Walmart's reasons for expanding abroad, entry decisions, examples of success in Mexico and Canada, and failures in Germany and India. Overall, the document analyzes Walmart's path to becoming a global retailer and identifies factors for successful international transfer of core competencies.
Coca cola Presentaion
This document provides an overview of Coca Cola including its history, company profile, mission, vision, market share, and marketing strategies. It details that Coca Cola was created in 1886 and is now the world's largest beverage company. The presentation outlines Coca Cola's expansion globally and some interesting facts such as selling over 1.8 billion bottles per day. It also summarizes the company's mission to refresh people and inspire happiness, as well as its vision to be a responsible corporate citizen and create value for shareholders.
PMM PPT.pptx
This document discusses Porter's value chain model, which breaks down a company's activities into primary and support activities. The primary activities include inbound logistics, operations, outbound logistics, marketing and sales, and service. Support activities involve procurement, technology development, human resource management, and firm infrastructure. The value chain model helps analyze where true value is created within a company and which areas need improvement.
Value Chain Analysis using Porter's Model
A value chain consists of primary and support activities that a firm performs to deliver value to customers. Primary activities directly involve creating, selling, and supporting a product or service. Support activities enable the primary activities. Michael Porter popularized the value chain concept in 1985 as a way to analyze how a firm's activities can be improved to increase competitive advantage. Analyzing a firm's value chain involves identifying its activities and sub-activities, and finding ways to enhance value at each step.
Customer value chain
The document discusses value chains and Michael Porter's value chain model. It explains that a value chain is a set of activities a firm performs to deliver a product or service. Porter's model views a firm as a system with subsystems that transform inputs into outputs. Each activity in the chain adds value. The chain is part of a larger value system including suppliers, distributors, and customers. Key activities in Porter's model are inbound logistics, operations, outbound logistics, marketing and sales, service, infrastructure, procurement, human resources, and technology development. The document also discusses physical, virtual and combined value chains, as well as the Supply Chain Operations Reference (SCOR) model.
Pvc 1.ilen
Value Chain Analysis is a strategy used to analyze the company's internal activities. In other words, by looking at internal activities, the analysis reveals where a company's competitive advantage or deficiencies are.
VALUE CHAIN MANAGEMENT
The value chain as described by Porter (1985) can be grouped into :
Activities in the demand value chain
Supply value chain
and the support activities for demand and supply
A.value chain management
The value chain as described by Porter (1985) can be grouped into :
Activities in the demand value chain
Supply value chain
and the support activities for demand and supply
Pvc sucialca
Porter's Value Chain model evaluates the value added by each activity in a business's operations, from inbound logistics like procurement to primary activities like production to support activities like human resources. It argues that effective management of linkages between these activities creates competitive advantage and allows a business to charge customers more than the total costs of the activities, realizing a profit margin. The model was introduced by Michael Porter in his 1985 book "Competitive Advantage" and aims to analyze sources of competitive advantage across a company's entire operations and management systems.
More Related Content
Viewers also liked
Value chain and SWOT analysis
Value chain analysis helps only in identifying the strengths and weaknesses of each elements of firm’s value chain. SWOT can not be used to identify external opportunities and threats. It is a situation analysis of the organization. It is a groundwork for matching the strategy both to the external market and internal resources. It is away to analyze a firm’s internal and external situations.
AOL - Time Warner Merger And Its Failure
The document provides background information on the failed merger between AOL and Time Warner. It summarizes the histories of both companies, details the merger, and analyzes why it ultimately failed. The key reasons for failure included poor timing due to AOL's overvaluation, non-operational distractions, unrealistic growth expectations, a lack of strong leadership to integrate the companies and overcome cultural differences, and an overly politicized structure that hindered collaboration. The merger is now seen as one of the most remarkable corporate miscalculations.
Value chain & competitive advantage of toyota
PT. Toyota Motor Manufacturing Indonesia has established a competitive advantage through its value chain and production system. It focuses on efficient operations and just-in-time production to minimize costs. It also emphasizes quality control and customer satisfaction through initiatives like total quality management. Toyota aims to deliver high quality vehicles at low prices by continuously improving its production processes and reducing waste.
Value chain and competitive advantage of toyota
Toyota Motor Corporation is a Japanese automaker headquartered in Toyota City, Aichi, Japan. It was founded in 1937 by Kiichiro Toyoda as a spin-off from his father's company Toyota Industries to create automobiles. Toyota manufactures luxury brand Lexus and is involved in other industries such as robotics and financial services. Toyota has manufacturing plants and sales networks around the world and is one of the largest automakers and companies globally.
The Porter Value Chain
Wal-Mart has a highly integrated and efficient value chain. They focus on welcoming customers, low prices, and tailoring products to local communities. Wal-Mart collects real-time data on store inventories, sales, and supplier relationships to efficiently manage procurement, logistics, and operations across their large network. They invest heavily in technology and training employees to maintain low costs and drive profitability.
AOL Time Warner Merger Case Study
AOL Time Warner Merger Case Study Strategic Analysis, performing a SWOT, discussing the Culture of both firm's using Henry Mintzberg's Model, and evaluating the strategy.
Starbucks porter's case study
Starbucks is a global coffee company and coffeehouse chain headquartered in the US. It generates over $14 billion in annual revenue with over 200,000 employees. Porter's Five Forces analysis indicates rivalry is high in the coffee industry, but the threat of new entrants is low due to market saturation. Starbucks' value chain consists of primary activities like procurement, roasting, and customer service that directly create value, as well as support activities like training and technology that enhance value creation. Starbucks relies on high quality products and excellent customer service for marketing rather than large advertising budgets.
value chain analysis kfc vs mcdonalds
This document analyzes and compares the value chains of the fast food industries of McDonald's, KFC, and fried chicken operations. It outlines the primary and support activities for each, including inbound logistics of raw materials from specific suppliers, food preparation operations, outbound logistics, marketing strategies, technology use, procurement processes, infrastructure, and human resource management. Key differences between the companies are noted, such as KFC offering spicier products more tailored to Indian tastes, providing free delivery, and employing local staff.
Coca cola case-study
Coke created value and reinvigorated growth through brand belief and behavior activation. In 2004, sales were flat and the new CEO Neville Isdell recentered Coke on its core belief in happiness and inspiring optimism. He empowered 150 leaders to develop a "Manifesto for Growth" articulating Coke's vision, values, and 5P business focus areas of People, Planet, Portfolio, Partners, and Profit. Coke then expressed this vision externally through brand expressions and internally by tracking progress on goals. This unified Coke employees and partners to collaboratively deliver sustainable growth.
Lafarge Cement Value Chain
Lafarge is a French industrial company specialising in four major products: cement, construction aggregates, concrete and gypsum wallboard. The company is the world's largest cement manufacturer.
Lafarge was founded in 1833 by Joseph-Auguste Pavin de Lafarge in Le Teil (Ardèche), to exploit the limestone quarry in Mont Saint-Victor between Le Teil and Viviers. The limestone is white and argillaceous, and yielded an eminently hydraulic lime.
Walmart value chain-analysis
Walmart uses Porter's value chain analysis to examine its internal business activities. It focuses on logistics and using technology to track inventory and share data with suppliers. This allows Walmart to offer low prices through efficient procurement, distribution, and sales. It aims to replace inventory with information to better meet customer demand.
Walmart value chain analysis
Walmart has a highly efficient value chain that allows it to offer low prices. It uses technology to share sales data with suppliers, enabling just-in-time inventory management. Walmart transports goods from suppliers to its distribution centers and stores via a large private truck fleet. Stores are replenished nearly daily to keep shelves fully stocked. This model, along with low prices and a focus on customers, has fueled Walmart's rapid growth into a global retail giant.
Pizza Hut value chain analysis
Pizza Hut is an international pizza chain with over 6,000 locations in the United States and over 5,600 locations in 94 other countries. It entered India in 1996. Pizza Hut believes in providing excellent pizza and service to create happy customers who return frequently. Its value chain involves primary activities like procuring ingredients, producing pizzas and pastas, and delivering orders on time. Support activities include human resource management to train employees, technology development to improve products, and procurement to source high quality ingredients from local and international suppliers.
WalMart Analysis
The document provides an overview of Walmart's history, operations, strategies for international expansion, and lessons learned. It discusses Walmart's vision, mission, and goals, as well as its business model, value chain, and key competitive advantages. Regarding internationalization, the document examines Walmart's reasons for expanding abroad, entry decisions, examples of success in Mexico and Canada, and failures in Germany and India. Overall, the document analyzes Walmart's path to becoming a global retailer and identifies factors for successful international transfer of core competencies.
Coca cola Presentaion
This document provides an overview of Coca Cola including its history, company profile, mission, vision, market share, and marketing strategies. It details that Coca Cola was created in 1886 and is now the world's largest beverage company. The presentation outlines Coca Cola's expansion globally and some interesting facts such as selling over 1.8 billion bottles per day. It also summarizes the company's mission to refresh people and inspire happiness, as well as its vision to be a responsible corporate citizen and create value for shareholders.
Viewers also liked (15)
Similar to Poter
PMM PPT.pptx
This document discusses Porter's value chain model, which breaks down a company's activities into primary and support activities. The primary activities include inbound logistics, operations, outbound logistics, marketing and sales, and service. Support activities involve procurement, technology development, human resource management, and firm infrastructure. The value chain model helps analyze where true value is created within a company and which areas need improvement.
Value Chain Analysis using Porter's Model
A value chain consists of primary and support activities that a firm performs to deliver value to customers. Primary activities directly involve creating, selling, and supporting a product or service. Support activities enable the primary activities. Michael Porter popularized the value chain concept in 1985 as a way to analyze how a firm's activities can be improved to increase competitive advantage. Analyzing a firm's value chain involves identifying its activities and sub-activities, and finding ways to enhance value at each step.
Customer value chain
The document discusses value chains and Michael Porter's value chain model. It explains that a value chain is a set of activities a firm performs to deliver a product or service. Porter's model views a firm as a system with subsystems that transform inputs into outputs. Each activity in the chain adds value. The chain is part of a larger value system including suppliers, distributors, and customers. Key activities in Porter's model are inbound logistics, operations, outbound logistics, marketing and sales, service, infrastructure, procurement, human resources, and technology development. The document also discusses physical, virtual and combined value chains, as well as the Supply Chain Operations Reference (SCOR) model.
Pvc 1.ilen
Value Chain Analysis is a strategy used to analyze the company's internal activities. In other words, by looking at internal activities, the analysis reveals where a company's competitive advantage or deficiencies are.
VALUE CHAIN MANAGEMENT
The value chain as described by Porter (1985) can be grouped into :
Activities in the demand value chain
Supply value chain
and the support activities for demand and supply
A.value chain management
The value chain as described by Porter (1985) can be grouped into :
Activities in the demand value chain
Supply value chain
and the support activities for demand and supply
Pvc sucialca
Porter's Value Chain model evaluates the value added by each activity in a business's operations, from inbound logistics like procurement to primary activities like production to support activities like human resources. It argues that effective management of linkages between these activities creates competitive advantage and allows a business to charge customers more than the total costs of the activities, realizing a profit margin. The model was introduced by Michael Porter in his 1985 book "Competitive Advantage" and aims to analyze sources of competitive advantage across a company's entire operations and management systems.
Porter Value Chain
Porter's value chain model evaluates the value added by each activity in a business's operations, from inbound logistics like procurement to outbound activities like marketing and sales. It recognizes that an organization is more than just a collection of resources but the systematic arrangement of activities. Porter argued that competitive advantage comes from performing activities efficiently and managing the links between activities well. The model identifies primary activities of inbound and outbound logistics, operations, marketing and sales, and service, as well as support activities of procurement, technology development, human resources, and firm infrastructure. Profit margin depends on effectively managing all activities in the value chain so customers pay more than the total costs.
Vskills certified operations manager sample material
The document provides an overview of operations management. It defines operations management as the business function responsible for managing the resources and processes involved in producing a company's goods and services. This includes planning, organizing and controlling activities such as procurement, manufacturing and distribution. The key objectives of operations management are to provide high quality customer service while efficiently utilizing resources. Operations management transforms various inputs like materials, labor and equipment into outputs that add value for customers through systematic processes.
Lecture4
A business transforms inputs into outputs through various functions like production, marketing, finance, etc. to generate sales revenue and profit. The key functions include production of goods/services, marketing and sales, finance, human resources, purchasing, and legal. A business can be classified by the product or service, size as tiny, small, medium or large, and by ownership as sole proprietorship, partnership or limited liability company.
Lecture4
A business transforms inputs into outputs through various functions like production, marketing, finance, etc. to generate sales revenue and profit. The key functions include production of goods/services, marketing and sales, finance, human resources, purchasing, and legal. A business can be classified by the product or service, size as tiny, small, medium or large, and by ownership type like sole proprietorship, partnership or limited liability company.
Lecture4
A business transforms inputs into outputs to create wealth. It incurs costs for inputs and generates revenue from sales. The difference between revenue and input costs is the added value or profit. A business can be classified by its product, size, or ownership structure. The key functions of a business include marketing, sales, production, finance, human resources, purchasing, and legal. Management involves planning, organizing, leading, and controlling to achieve business objectives across various performance areas like market standing, innovation, productivity, and profitability.
Lecture4
A business transforms inputs into outputs through various functions like production, marketing, finance, etc. to generate sales revenue and profit. The key functions include production of goods/services, marketing and sales, finance, human resources, purchasing, and legal. A business can be classified by the product or service, size as tiny, small, medium or large, and by ownership type like sole proprietorship, partnership or limited liability company.
Lecture4
A business transforms inputs into outputs through various functions like production, marketing, finance, etc. to generate sales revenue and profit. The key functions include production of goods/services, marketing and sales, finance, human resources, purchasing, and legal. A business can be classified by the product or service, size as tiny, small, medium or large, and by ownership as sole proprietorship, partnership or limited liability company.
Value Chain Analysis
This powerpoint presentation is meant for providing the basic knowledge and a case based on Value Chain Analysis.
purchasing and supply chain chapter 1.ppt
This document provides an overview of a purchasing and supply chain management program. It discusses changes in the business context like globalization and the information society. It describes how these changes impact business strategies and structures, and the role of purchasing in the value chain. Key concepts are defined, and the importance of purchasing to business is discussed. New developments in purchasing and supply chain management are also outlined.
Vskills production and operations management sample material
Operations management is the process of managing the resources which are necessary to produce a company's goods or services. It involves planning, organizing and controlling these resources. The key functions are operations and supply chains on the supply side, and sales and marketing on the demand side. The ideal goal is to achieve an economic match between supply and demand. Operations management has evolved over time from a focus on efficiency to also emphasizing quality, flexibility and customer responsiveness. New approaches now view technology as a way to improve quality in addition to reducing costs.
1 ppt
Porter's value chain model evaluates the value added by each activity in a business's operations, from inbound logistics like materials receipt to primary activities like production to support activities like procurement. It argues that effective management of linkages between activities can provide competitive advantage. The goal is for the business to manage all activities so customers are willing to pay more than the total costs, resulting in profit margins.
Strategic 5
The document discusses value chain analysis and the internal environment of an organization. It defines value chain analysis as describing the primary and support activities of a business and how they relate to competitive strength. Primary activities directly involve creating and delivering a product or service, while support activities increase effectiveness and efficiency. Value chain analysis can identify which activities a business should undertake itself and which it should outsource. The internal environment consists of an organization's resources and capabilities in the form of its value chain. It involves identifying competencies and competitive advantages.
Value Chain and value system
Value chain and value system frameworks view firms as sets of activities used to create value and competitive advantage. [1] The value chain models a firm as a chain of value-creating activities including inbound logistics, operations, outbound logistics, marketing and sales, and service. [2] A value system includes a firm's value chain as well as those of its suppliers, distribution channels, and buyers. [3] It can extend beyond firm boundaries to evaluate linkages across the enterprise.
Similar to Poter (20)
Vskills certified operations manager sample material
Vskills certified operations manager sample material
Vskills production and operations management sample material
Vskills production and operations management sample material
Poter
- 1. POTER’SVALUE CHAIN MODEL.... The idea of the value chain is based on the process view of organisations, the idea of seeing a manufacturing (or service) organisation as a system, made up of subsystems each with inputs, transformation processes and outputs. Inputs, transformation processes, and outputs involve the acquisition and consumption of resources - money, labour, materials, equipment, buildings, land, administration and management. How value chain activities are carried out determines costs and affects profits. Most organisations engage in hundreds, even thousands, of activities in the process of converting inputs to outputs. These activities can be classified generally as either primary or support activities that all businesses must undertake in some form. According to Porter (1985), the primary activities are: 1. Inbound Logistics - involve relationships with suppliers and include all the activities required to receive, store, and disseminate inputs. 2. Operations - are all the activities required to transform inputs into outputs (products and services). 3. Outbound Logistics - include all the activities required to collect, store, and distribute the output. 4. Marketing and Sales - activities inform buyers about products and services, induce buyers to purchase them, and facilitate their purchase. 5. Service - includes all the activities required to keep the product or service working effectively for the buyer after it is sold and delivered. Secondary activities are: 1. Procurement - is the acquisition of inputs, or resources, for the firm. 2. Human Resource management - consists of all activities involved in recruiting, hiring, training, developing, compensating and (if necessary) dismissing or laying off personnel. 3. Technological Development - pertains to the equipment, hardware, software, procedures and technical knowledge brought to bear in the firm's transformation of inputs into outputs. 4. Infrastructure - serves the company's needs and ties its various parts together, it consists of functions or departments such as accounting, legal, finance, planning, public affairs, government relations, quality assurance and general management.