A. Primary and support activities of a Value Chain Analysis
Definition of Value Chain Analysis
- The value chain analysis means of increasing customer satisfaction and managing cost more effectively. This is a systematic approach to examining the development of competitive advantage. Value chain analysis is particularly useful tool for looking at competitors, and identifying sources of competitive advantage
Primary activities of Value Chains Analysis are directly concerned with the production or delivery of a product of services and consist of:
1. Inbound Logistics refer to activities such as receiving, storing and distributing the inputs to the product or service. E.g. materials handling and stock control
2. Operations conversion of the various inputs into final product or services
3. Outbound Logistics to collect, to provide storage and the distribution of the product. E.g. warehousing and transport
4. Marketing and Sales promotion of product or service......
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