To customers, they play a very important role in supporting the main activities. Examples of . These activities include the following:legal, accounting, finance, etc. (management)personnel, recruitment, payroll, etc. (personnel and labor)technology . Development (settings development, testing)purchasing (procuring) necessary supplieswhat is value chain analysis?Adopting this value chain thinking . Method to analyze your own business is called Value chain analysis.First, you classify the flow . Of all your company’s business into Main activities and Support activities. then, you analyze each .
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Business activity and visualize What added hungary phone number data value is being created in Which flow.Examples of value . Added from business activities include:high level of techniciansquick delivery possible (short lead time)there is a . Wide variety of productshigh quality and stableprecise and accurateeasy to use(food/cuisine) deliciousby conducting a Value . Chain analysis to identify the areas in which your company’s business activities are superior and . Inferior to those of your competitors, and to understand the potential is great what added value your products and . Services are providing to customers, you will be able to develop a more advanced business .
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Strategy.Purpose of value chain analysisthere are two main purposes for conducting a value chain analysis: . Reduce unnecessary costs associated with each business activityby breaking down business activities and understanding the . Relative costs of each, you can clarify flows where costs are not being allocated more . Than necessary and unnecessary costs that should be reduced. By reducing unnecessary costs and allocating . Them to where they are needed, you can improve the cost performance of the entire . Business. Understand your company’s strengths and weaknesses and differentiate yourself from other companies.
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If you can . Analyze the strengths text services and weaknesses of each business activity, you can recognize your company’s issues . And core competencies (abilities that are superior to competitors). Then, by considering whether to further . Hone your strengths or resolve your issues, it becomes easier to formulate future business strategies.Benefits . Of value chain analysisthe goals of value chain analysis – cost reduction and understanding strengths . And weaknesses – have great benefits for business development.Effective cost reductioncompanies need people (human resources), .
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Things (physical resources), and money (capital) as management resources. Information and brand power are also . Now considered important resources that must be protected, and these resources must be allocated as . Effectively as possible. Value chain analysis is effective in this regard.Using value chain analysis makes . It possible to appropriately allocate valuable management resources.Not only does it allow you to simply . Reduce unnecessary costs, but by minimizing the costs incurred for each product, it also increases . The chances of gaining an advantageous position in the market compared to your competitors.