Professional Documents
Culture Documents
S. Vithusha
VAV/AC/2018/F/0012
spa Ceylon manufacturing company
Introduction of SMA
“The provision and analysis of financial information on the firms product market and
competitors cost and cost structure and the monitoring of the enterprises strategies and those of
its competitors in these markets over a number of periods”
Value chain analysis is a process that helps companies understand the points of their
value chain And the relationships between these different points. Conducting a value
chain analysis helps Companies identify factors that drive or inhibit cost efficiency in
their business model. When Conducting value chain analysis, companies should consider
the framework as a starting point Rather than as a complete end-to-end process.
It is include 2 activities
Primary activities
Primary value chain activities of spa ceylon manufacturing company are directly
involved in producing and selling the product to targeted customers.
1. Inbound Logistics
Receiving the inputs from the suppliers (raw material) which is needed for the natural
ingredients
2. Operations
Use of economies scale to reduce production cost. Change the inputs into outputs.
3. Outbound Logistics
A delivery schedule that reduces cost. Its mean storing the natural ingredients in right
place and deliver it to the final consumption.
Making customer to buy the product by advertising it or giving a promotion. The natural
ingredients advertises its natural product to be known for the customer.
5. Service
Include all the activities required to keep the product or service working efficiently. The
natural ayurvedic products which always promotes it products by doing some of the
social Services also.
Supportive Activities
1. Firm Infrastructure
Service the spa ceylon manufacturing company neat and ties its various parts together.
And enhance the Infrastructure to motive the employees.
2. Human Resource Management
Hiring new employees to spa ceylon manufacturing company. And train the existing
employees to work Efficiently to make the product quality.
3. Technology development
The organization spa Ceylon manufacturing company enhances its technology to develop
the product And make the work easier to the employees.
4. Procurement
Acquiring new machineries to make the product quality and reduce the cost of the natural
ingredients
Conclusion
Ayurvedic products are very famous in srilanka. Spa ceylon srilanka with a clear
objective of expanding the ayurvedic to the whole world. In today business enterprises
face greater challenges, increasing complexity, Changing global economies, increasing
competition, and rapid data proliferation. To be Meaningful in the new environment,
accountants must change their role within the Organization and have a stronger strategic
focus. Strategic management accounting uses Information from operations to produce
timely and insightful reports on performance. Small businesses can use this Strategic
Management Accounting to improve decision making for increased profits and
competitive advantage. Strategic management Accounting has been introduced as a
technique to respond to today’s competitive and Business environment. As a result of
using the Value Chain Analysis the spa ceylon manufacturing company has reduced its
cost for minimum level and sustaining in the business world of Sri Lanka. Also there are
many more benefits for the organization such as improves customer Relationship,
establishes better vendor management and product quality. A successful Value Chain
Analysis is beneficial to any organization. It assesses various Aspects of a business and
evaluates and determines the most appropriate direction for the Company to move
towards achieving its goals. Spa Ceylon has taken the necessary steps to market through
its owning marketing team.
Reference
Spa ceylon manufacturing company report
https://lk.spaceylon.com/the-spa-ceylon-story/
https://lk.spaceylon.com/the-spa-ceylon-story/#:~:text=Spa%20Ceylon%20promotes
%20environmentally%2Dfriendly,child%20labour%20and%20animal%20testing.