Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
Value chain
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
===Primary activities=== All five primary activities are essential in adding value and creating a competitive advantage and they are:<ref>{{Cite journal |last=Zamora |first=Elvira A. |date=2016-08-31 |title=Value Chain Analysis: A Brief Review |url=http://koreascience.or.kr/journal/view.jsp?kj=GSHSS5&py=2016&vnc=v5n2&sp=116 |journal=Asian Journal of Innovation and Policy |language=en |volume=5 |issue=2 |pages=116β128 |doi=10.7545/ajip.2016.5.2.116 |issn=2287-1608|url-access=subscription }}</ref><ref name="Porter1996" /> *Inbound [[logistics]]: arranging the inbound movement of materials, parts, and/or finished inventory from suppliers to manufacturing or assembly plants, warehouses, or retail stores *[[Operations management|Operations]]: concerned with managing the process that converts inputs (in the forms of raw materials, labor, and energy) into outputs (in the form of goods and/or services). *Outbound logistics: is the process related to the storage and movement of the final product and the related information flows from the end of the production line to the end user *[[Marketing]] and [[sales]]: selling products and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. *[[Service (business)|Service]]: includes all the activities required to keep the product working effectively for the buyer after it is sold and delivered. Companies can harness a competitive advantage at any one of the five activities in the value chain. For example, by creating outbound logistics that are highly efficient or by reducing a company's shipping costs, it allows to either realize more profits or pass the savings to the consumer by way of lower prices.<ref>{{Cite web|url=https://www.investopedia.com/terms/v/valuechain.asp|title=Value Chain|last=Kenton|first=Will|website=Investopedia|access-date=2019-02-20}}</ref>
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)