Task1
What is a value chain?
The value chain is a tool that use to identify and classify an opportunity and competitive advantages for strategic use of information system. It is consisting of different steps which are designing, production, marketing and distribution the businesses go over to bring a product or service from beginning to end users (customers).
The value chain is starting with providing the raw materials that use to produce goods / provide services and consisting of everything that is added to it before products are sold to customers.
By generating value and competitive advantages, information systems could add value chain to each part of company and extended value chain (including communication with external partners and strategic
…show more content…
Also, the employees should be compensated and rewarded. They must have quality relationship with management, with each other’s and with trade unions to help them in design, build and market the new products. In addition to that, the company should provide advance programs to motivate all employees to increase their productivity.
Task2 I choose Pizza Hut as example for Value Chain Analysis.
1. Primary Activities are the core activities that needed to help for producing goods / providing services that including the following:
Inbound logistics: this refers to buying the raw materials required for producing goods l providing services include the following things:
1. Dough such as: {Pan Dough, Thin N Crispy Dough, Stuffed Crust Dough}.
2. Cheese such as: {Pizza Cheese, String Cheese}.
3. Sauce such as: {White Pizza Sauce, Regular Pizza Sauce, Sweet Pizza Sauce}.
4. Non vegetarian Items like: {Beef, Buffalo Chicken, Meat Balls}.
5. Fruits like: {Banana Peppers, Apples and Cherries}.
6. Vegetables like: {Onion, Tomatoes and Mushroom}.
7. Breads such as: {Garlic Bread and Breadsticks}.
8. Spaghetti 9. Desserts 10. Wheat
11. Spices 12. Water 13. Milk
14. Sugar 15. Salt 16. Vegetable
Also information systems assist with making decisions and business processes by formulating strategic plans and make decisions for the organisation longevity and prosperity. Additionally information systems add controls to employee processes, ensuring
1. A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? Delivery of products or services
Top executives of Chipotle conscious about the quality of food in its restaurants. Thus, Chipotle did not buy food ingredients directly from farmers and restaurant supplies from manufacturers. Chipotle acquired long-term relationship with food industry suppliers of good reputation that able to meet their quality specification. The company makes purchases from a list of granted suppliers that provide key ingredients. Some ingredients such as beans are organically grown produce. Chipotle uses high quality, nutritious and fresh raw ingredients for their food preparation.
* Extend the value chain of the business so that the organisation’s information system can link with the information system of customers and suppliers. This should result in benefits and improved information flows
The purpose of this paper is to do a value chain analysis of Costco, identify their resources and capabilities, to conduct a SWOT analysis to identify the opportunities in which they are lagging and to form a strategy to move forward using the recourses and capabilities in the direction of utilizing those opportunities.
Employees require motivation, reward and encouragement for maximum productivity. Punishment to workers not performing is also mandatory to prevent cases of poor performance. Ethical considerations must be looked at and employees must follow rules and company policies for plans made by management to be successful. Workers and management relate like a family and this has enabled the company perform to its expectation. These plans are aimed at ensuring total customer satisfaction and delight.
Outbound logistics refers to physical distribution activities such as collecting, storing, and distributing products to buyers and involves (finished goods) warehousing, materials handling, network planning and management, order processing, and
Domino’s Pizza is the No. 1 Pizza Delivery Company in the world and the undisputed pizza delivery expert. The Company has a unique business and operation model and is a pioneer in the fast food industry. Since 1960, Domino’s Pizza has successfully expanded from 3 outlets in the United State to 9,350 stores operating in seventy countries. Domino’s operation in Malaysia and overseas uses the franchise model. The parent company, Domino’s Pizza LLC is head quartered in Michigan, United State of America. It maintains overall control on the sourcing and supplying of raw materials to the master franchises and enforces quality of the service and products sold. Founded in 1960, Domino's Pizza is the recognized world leader in pizza
Value chain is a set of activities a company performs in order to provide a valuable solution to their customer problem in their market space or industry. The value chain is made up of primary and support activities. Primary activities being research and development, production, marketing and sales and customer service. These are the primary steps that are required to get a product or service to market to solve the customer problems. Some of the secondary steps include company
Value chain analysis looks at every step a business goes through, from raw materials to the eventual end-user. The goal is to deliver maximum value for the least possible total cost. It is a systematic approach to examining the development of competitive advantage. The most basic breakdown of primary functions includes inbound logistics, operations, outbound logistics, sales and marketing and service. People should use the other models and frameworks within this software to further differentiate between, and add to, these domains. Product Innovation is one area that is not normally included in the de jure model but is often included in the de facto model. Value Chain Analysis describes the activities that take place in
Value Chain Analysis describes the activities that take place in a business and related to the business core competencies. It can classify by primary activities and supporting activities.
A value chain is a chain of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market. The concept comes from business management and was first described and popularized by Michael Porter (Porter, 2013)
The industry value chain is the process from the suppliers of the raw material to the end customers who demand the service of transportation.
Value chain is an approach to know how an item or activities create value for consumers. The most of value provides to consumers, the most of competitive advantage an organization build. In this analysis, value chain model has separated into primary and support activities. Primary activities are included in the physical creation of the item and service. On the other hand, support activities give the inputs and infrastructure that enable the primary activities to happen. This value chain model can be refer to below figure 5.
A value chain is nothing but a set of activities that a firm operates to deliver a much valuable and quality product or services in the market. The term comes from Business management and was firstly coined by Mr. Michael Porter in his best seller.