MGCR 382 Lecture Notes - Lecture 18: Tsmc, Outsourcing, Offshoring
Document Summary
Value chain analysis: allows a firm to understand the parts of its operations that create value and those that do not, is a template that firms use to: Identify multiple means that might be used to facilitate implementation of a chosen business-level strategy: used often modified depending on the industry/situation. Value chain shows how a product moves from the raw material stage to the final customer: primary activities are involved with: A product"s sale and distribution to buyers. The product"s service after the sale: support activities. Provide the assistance necessary for the primary activities to take place. The firm as a value chain (from text) note: should also include inbound logistics . Sometimes product design is kept as a separate component, sometimes included in operations: if using the text structure, be sure to also include inbound logistics (sometimes to as supply chain management) Details on the components of the value chain.