Assessing the Support Activities in the Value Chain 2025

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The document discusses key aspects of supply chain management, focusing on decision variables such as location, production, inventory, and transportation. It highlights the Bullwhip Effect caused by demand variability and emphasizes the importance of effective inventory management techniques. The concept of Vendor Managed Inventory (VMI) is introduced as a method to enhance supply chain performance. Additionally, it covers strategies for accurate response to demand fluctuations and the structure of supply chains in terms of profit, fill rate, response time, and capacity utilization. Finally, it contrasts make-to-order and make-to-stock production systems.
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The four support activities in the value chain as identified by Michael Porters model are technology development, human resource management, general administration, and firm infrastructure, which includes activities such as accounting, legal, finance, control, public relations, quality assurance and general (strategic
Five steps to perform value chain analysis Step 1: Identify all value chain activities. Step 2: Calculate the cost of each value chain activity. Step 3: Look at what your customers perceive as value. Step 4: Review your competitors value chains. Step 5: Decide on a competitive advantage.
What are Supporting Activities? Supporting activities are those actions taken by a nonprofit organization other than program services. Supporting activities typically include fundraising activities, management and general activities, and membership development activities.
Porters Value Chain divides business activities into two categories: Primary Activities that directly develop your end product or service. Secondary Activities that support the Primary ones to make them efficiency and effective.
Support activities Procurement: The process of acquiring the raw materials and resources needed for production. Technology development: Involves the research and development of new products and improvements in processes. Human resource management: Manages recruitment, training, and development of employees.

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An example of a value chain is the production process of coffee beans from the farm to the factories for processing, through different roasting grades, and finally to the coffee consumer as various coffee beverages. The whole process aims at providing value for the coffee consumer.
In Michael Porters value chain, support activities are those that provide the necessary infrastructure and resources for the primary activities of a business. These activities include things like human resource management, technology development, procurement, and firm infrastructure.

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What Is a Value Chain Analysis? 3 Steps - HBS Online

Dec 3, 2020 Value chain analysis is a means of evaluating each of the activities in a companys value chain to understand where opportunities for improvement lie.

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Business Management A Value Chain 2nd Edition

Support Activities: These activities provide support for the primary activities, enabling them to function effectively. They include: Procurement: Acquiring

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