Professional Documents
Culture Documents
Chain
Analysis
A value chain is used to describe all the activities it
takes to create a product from initial to final stage.
A value chain analysis gives businesses a visual model
of these activities, allowing them to improve their
competitive advantage.
Primary activities
Inbound Logisticis
The activities associated with Inbound logistics are
recieving, storing and disseminating information to
product. Eg: Warehousing, Inventory Control
and Material Handling
Outbound Logisticis
Services
Providing service to enhance or maintain the
product value after it has been sold and delivered.
Ex: Installation, Repair, Training etc.
support activities
Procurement
Procurement refers to the function of purchasing
inputs used in the firm's value chain.
Purchased inputs include raw materials, supplies
and other consumable items, as well.
Firm Infrastructure
Every firm needs to ensure that their management
structure, finances and legal structure work
efficiently and help drive the organisation forward.
Inefficient infrastructures waste resources that
could ruin the firms reputation, leave it open to
fines or sanctions.