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The Value Chain and Supply Chains - Article Example

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In the paper “The Value Chain and Supply Chains” the author focuses on Porter’s article. He explains how technology has reshaped the value chain and supply chains. The articles stated that the management of the organization should implement a strategy…
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The Value Chain and Supply Chains
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Download file to see previous pages The whole activity provides the organization with a better management structure and best output results. Another advantage of this strategic system is that it will provide a unique type of values to their customers along with the various type of features, way of services and logistical arrangements. The internet system helps organizations to make their operational functions more effective and give lots of different strategic ways. It will provide the organization more strength in their work environment.
Effectiveness in operation functions: As we all know, the internet is the most powerful tool and available globally to exchange ideas and information. Through this, the organization can exchange the information and data with their suppliers and it will give more effectiveness in their operational functions. The advantage of the internet in operation function is; it will save time for both parties the company and suppliers and they will able to share information in real time process and minimize the extra cost too. This whole activity will enhance the overall value chain of the company and provides a common platform for both parties to work together effectively.
Strategic Positioning: As it gets to be harder to maintain operational advantages, strategic positioning turns into all the more imperative. In the event that an organization can be more operationally viable than its adversaries, the best way to produce larger amounts of money worth is to increase an expense playing point or value premium by contending in a unique manner. Humorously, organizations today characterize rivalry including the Internet practically altogether as far as operational viability. Accepting that no economical advantages exist, they look for velocity and readiness. ...Download file to see next pagesRead More
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