Pariya Poocharoen MBA514 Marketing Management Chapter 2 Key Terms Chapter 2 Key Terms * Value Chain: A high-level model of how businesses receive raw materials as input‚ add value to the raw materials through various processes‚ and sell finished products to customers. A value chain typically consists of; inbound distribution or logistics‚ manufacturing operations‚ outbound distribution or logistics‚ marketing and selling‚ and after-sales service. These activities are supported by purchasing
Premium Management Strategic management Marketing
position. But now the spiral silicon mining value chain we are going to have to make fundamental changes to the integrity of the sand. In order to make the growth momentum changes in mechanical engineering now‚ in order to correspond China Machinery Industry Federation‚ silica powder making machineson the stable growth of China now the demand for mechanical products is expected to maintain moderate speed‚ the fluctuation of power now. silicon mining value chain For future development‚ we will project
Premium
Corporate and operational managers strive to create more value by optimizing the supply-chain activities. Optimization of supply chain activities means competition from other firms‚ primarily on cost-efficiency. However‚ optimization of supply chain activities alone cannot always yield a source of competitive advantage. This is for the simple reason that value chain not only seeks to do away with the activities that do not add value‚ but establishes the importance of other support activities‚ including
Premium Management Strategic management Economics
it is fair. Particularly scorecard template is clear and easy to understand. 7 specific blocks of targets (financial‚ strategy‚ customer satisfaction‚ control‚ people‚ standards and finally overall evaluation) shows what is most important for Citibank in this year. Except figures and data (Key Performance Indicators – KPIs) there is also a place for comments and opinions which is very important to evaluate managers and employees. In addition to 4 quarterly performance assessments McGaran has
Premium Assessment Finance
The evolving value chain of the car industry The automotive industry is one of the most progressive and forward-thinking industries. It confronts a number of trends that create new challenges while also providing opportunities for growth. One of the major trends is the demands of operating in a “connected” world. For more than 100 years the automotive industry has created competitive advantage mainly through engineering excellence. Moving forward‚ this will no longer be sufficient. Automotive manufacturers
Premium Automotive industry Automotive industry
Value Chain and Supply Chain Article Analysis Value Chain and Supply Chain Article Analysis The difference between value chain and supply chain has been an unclear concept for many years. Being aware of the difference between value chain and supply chain can give an organization a better understanding of all aspects of global trade. Although each view of value chain and supply chain have different objectives and unique standpoints‚ both are associated with processes moving products from the design
Premium Supply chain management Management Inventory
Enterprise Technologies and the Value Chain Unit 5 Assignment Brett Sullivan Kaplan University GB570: Managing the Value Chain Pricilla Aaltonen February 28‚ 2012 Enterprise Technologies and the Value Chain Enterprise technologies play many roles in supporting the value chain. They can be used in the supply chain to enable businesses to communicate and share information with the vendors and suppliers in order ensure they are able to meet demand. They also allow companies to gather and
Premium Management Business process management Process management
Vuitton Value Chain Case 2 Class : CL- mec-yf 13 Student: George Dulvara Number of characters (including spaces‚ footnotes‚ end notes and text boxes): 16947 Date: 16/04/2013 Signature _____________________________ Table of Contents Summary 2 Introduction 3 Motivation 3 Research question 3 Interpretation 3 Scope 3 Method 3 Analysis of Louis Vuitton Value Chain 4 Louis Vuitton Supply Chain 4 Value Chain 5 LEAN MANAGEMENT 6 Future development of the value chain
Premium LVMH Louis Vuitton Supply chain
Managing the Value Chain Professional Goals two years from now: -Having an established and valuable business idea -Succeeding in executing my business idea -Eventually settle in a workplace position with no supervision or officials above level - To be at $75‚000 minimum in the next 2 years. Strengths to Leverage Step 1: Strengths to Leverage Step 2: Course Learning Goals Step 3: Course Outcomes & Assessment Analyze elements of the value chain GB570: learn how to conduct a value chain analysis
Premium Learning Value chain Supply chain
Airborne Express Value Chain Airborne Express has created a value chain that has all of the parts that Porter described in his book. Management has done an excellent job of organizing the value chain and realizing who their target market is. Although it may seem like Airborne Express is leaving revenue on the table by only providing services for a select group of customers‚ it is a good decision on the part of management to limit the customer base to only those customers which you can best
Premium Marketing Management Customer service