Value chain

About: Value chain is a research topic. Over the lifetime, 7206 publications have been published within this topic receiving 224183 citations.

Management approaches for Industry 4.0: A human resource management perspective

Abstract: Industry 4.0 is characterized by smart manufacturing, implementation of Cyber Physical Systems (CPS) for production, i.e., embedded actuators and sensors, networks of microcomputers, and linking the machines to the value chain. It further considers the digital enhancement and reengineering of products. It is also characterized by highly differentiated customized products, and well-coordinated combination of products and services, and also the value added services with the actual product or service, and efficient supply chain. All these challenges require continuous innovation and learning, which is dependent on people and enterprise's capabilities. Appropriate management approaches can play a vital role in the development of dynamic capabilities, and effective learning and innovation climate. This paper aims at offering a viewpoint on best suitable management practices which can promote the climate of innovation and learning in the organization, and hence facilitate the business to match the pace of industry 4.0. This paper is one of the initial attempts to draw the attention towards the important role of management practices in industry 4.0, as most of the recent studies are discussing the technological aspect. This paper also suggests empirical and quantitative investigation on these management approaches in the context of industry 4.0.

Environmental Strategies, Upgrading and Competitive Advantage in Global Value Chains

Abstract: The literature is increasingly focusing on how firms are improving their environmental performances and promoting green strategies to transform environmental constraints into new drivers of competitive advantage. This paper contributes to the literature by expanding knowledge about environmental management at the value chain level by exploring the concept of environmental upgrading and its implications in terms of economic upgrading and greening of industries. Leveraging on the global value chain and environmental managerial literature, the paper develops an integrated theoretical framework to analyse environmental upgrading trajectories and their implications in terms of firms' green strategies based on case studies in the Italian home-furnishing industry. Empirical evidence suggests that firms develop green strategies to reduce environmental impacts while achieving economic benefits and competitiveness, which may be internal to the firm but also apply to value chains, with different implications in terms of bargaining power and value appropriation. Copyright © 2012 John Wiley & Sons, Ltd and ERP Environment.

Supply chain financing: using cash‐to‐cash variables to strengthen the supply chain

Abstract: Purpose – The purpose of this paper is to show how firm financial management techniques may be used to improve over all supply chain profitability and performance.Design/methodology/approach – This paper uses a case‐based approach to demonstrate how supply chain financial management techniques, such as cash‐to‐cash and shared weighted average cost of capital (WACC), can reduce the financial costs experience by a supply chain.Findings – This paper provides a methodology to identify and quantify the potential opportunities to increase profitability throughout the supply. Scenarios are offered that illuminate potential supply chain improvements gained by collaborative management of cash‐to‐cash cycles and sharing WACC with trading partners.Research limitations/implications – These financial techniques are readily available for use in collaborative supply chain structures.Practical implications – Coordinating financial management across the supply chain is a potential tool to align and improve the financial p...

World Class Supply Management The Key To Supply Chain Management

Abstract: This edition presents a practical framework for students to apply the way that firms manage the enterprise-wide functions of purchasing and supply in the business environment.

Supply chain processes: Linking supply logistics integration, supply performance, lean processes, and competitive performance

Abstract: Purpose – The purpose of this paper is to examine the value chain processes that represent the “black box” between supply logistics integration and competitive operational performance in firms. To realize this objective, the authors develop a research model which comprises a series of linkages from supply logistics integration to operational outcomes using Porter’s concept of value chain and the relational view of resource-based theory as theoretical lenses. Design/methodology/approach – The data set for testing the hypothesized relationships in this study was drawn from 232 Australian manufacturing firms. Findings – The findings show that there is no significant direct relationship between supply logistics integration and competitive operational performance; rather, the relationship is fully mediated by inbound supply performance and internal lean production processes. Further, lean production processes have a positive effect on inbound supply performance. Research limitations/implications – The study shows the importance of managing both internal (production processes) and external processes (logistics and supply chain) of firms’ operations in an integrated manner in which supply logistics integration act through key internal processes to impact competitive performance which the end customers actually experience. Originality/value – This is the first study which uncovers what happens “in between” the incoming materials and the end outputs delivered by firms into the market. This “in between black box” is important in improving our understanding of how inbound supply activities are translated into outbound competitive performance outcomes.