Value chain and supply chain analysis

Performance analysis Definition of Value Chain Value Chain refers to the range of activities that adds value at every single step in designing, producing, and delivering a quality product to the customer. Value Chain Analysis is used to evaluate the activities within and around the organization and relating to its ability to provide value for money, goods, and services. Porter split business activities into two main categories, for the purpose of Value Chain Analysis:

Value chain and supply chain analysis

Northern Shenandoah Business Park Development Plan Tools and Techniques Supply Chain Mapping — One of the first steps in a supply chain analysis is to understand how the study industry fits into its overall supply chain.

Comparing Value Chain and Supply Chain | QStock Inventory | ()

There is a wealth of information online for practically any industry, so doing an internet search on supply chain diagrams for your study industry is a good place to start.

For certain industries, like forestry and wood products, the way the supply chain fits together is fairly obvious, and the component industries can be identified fairly comprehensively without having a lot of background knowledge.

Other supply chains are far less familiar to an industry outsider and would require more research to understand the production processes involved. IBISWorld industry reports are an excellent resource and provide information on the key buying and selling industries at the 5-digit NAICS level for any industry of interest.

The goal of supply chain mapping is to identify the specific NAICS codes that comprise the various pieces of the supply chain.

Natural Resources, Wood Products, and Logistics. This can then be used for further analysis around employment trends, drivers of growth, and specific companies both within and outside the region. Example of a supply chain diagram Gap Analysis — The purpose of supply chain gap analysis is to determine where key supply chain industries source their inputs within or outside the region.

The tool allows the analyst to input the study industries and geography of interest, and it will tabulate purchases made from other industries as well as the share of those purchases made in-region and out-of-region.

Significant supplying industries with a large share of purchases being sourced from out-of-region present potential opportunities for business attraction. Industries providing supply chain inputs from within the region represent companies that will likely need support in identifying markets outside the region in the event of significant changes within the region such as a mill closure.

This provides insight into the types of inputs that need to be imported and could point to the opportunities for attracting businesses within certain industries. This information is available from sources including WISER and DataMyne can also often be accessed from your state international trade office.

Market Research and Interviews — Once potential expansion industries are identified, market research should be conducted to determine whether the industries would be a good fit for the region given existing market conditions as well as the regional, national, and global demand drivers and projections.

Interviews with industry representatives are also helpful in determining the requirements necessary for an industry to consider expanding in a region. Check your local and university college libraries for other sources.

The tools and techniques mentioned above are a way of narrowing down all the potential industries to just a handful that would be the best fit for the region.

A database of business listings, such as ReferenceUSAcan then be used to compile a list of companies that fall within the targeted industries for ongoing marketing, attraction, and business support efforts.Supply Chain Mapping – One of the first steps in a supply chain analysis is to understand how the study industry fits into its overall supply chain.

Comparing Value Chain and Supply Chain | QStock Inventory | ()

There is a wealth of information online for practically any industry, so doing an internet search on supply chain diagrams for your study industry is a good place to start.

The primary difference between supply chain and value chain is that the integration of all the activities, persons and business through which a product is transferred from one place to another is known as supply chain whereas value Chain refers chain of activities that is indulged in adding value to the product in every single step till it reaches to the final .

The difference between a value chain and a supply chain is that a supply chain is the process of all parties involved in fulfilling a customer request, while . The major difference between a supply chain and a value chain is the simple fact that within a supply chain, there is no value added.

Value chain and supply chain analysis

In a supply chain, all that is being done is conveyance. One product or material is taken from one company or from one end and transported to the other. What is value chain analysis and how to use it? This article will show you the definition, model, and the example.

"It can be defined as a strategic planning tool and it's used to analyze the value chain of the focal company.

A value chain is a high-level model developed by Michael Porter used to describe the process by which businesses receive raw materials, add value to the raw materials through various processes to.

Value chain and supply chain analysis
Supply chain analysis - Coastal Wiki