Topic
Value chain
About: Value chain is a research topic. Over the lifetime, 7206 publications have been published within this topic receiving 224183 citations.
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TL;DR: In this article, a case study of the fast moving consumer goods sector is provided which shows how the proposed "Supply Chain Kano-QFD" technique can be deployed to engage the capabilities and enthusiasm of the firms along the chain to enhance the value of the final consumable.
Abstract: Purpose – Supply chain performance is two‐dimensional: efficiency and effectiveness. The purpose of this paper is to further define and explore the demarcation between supply chain effectiveness and supply chain efficiency.Design/methodology/approach – A case‐study research method is adopted in this paper. This contribution discusses an approach for the improvement of supply chain effectiveness, i.e. Supply Chain Kano‐QFD.Findings – A case‐study of the fast moving consumer goods sector is provided which shows how the proposed “Supply Chain Kano‐QFD” technique can be deployed to engage the capabilities and enthusiasm of the firms along the chain to enhance the value of the final consumable.Practical implications – “Supply Chain Kano‐QFD” is an integrative method which helps drive effectiveness by focusing on how the various supply chain members might jointly develop innovative solutions to create unique, individualized sources of consumer value.Originality/value – A review of the existing supply chain lite...
108 citations
Book•
22 Nov 2011
TL;DR: In this article, Magretta uses her wide business experience to translate Porter's powerful insights into practice and to correct the most common misconceptions about them, such as that competition is about being unique, not being the best; that it is a contest over profits, not a battle between rivals; that strategy is about choosing to make some customers unhappy and not being all things to all customers.
Abstract: Competitive advantage. The value chain. Five forces. Industry structure. Differentiation. Relative cost. If you want to understand how companies achieve and sustain competitive success, Michael Porter's frameworks are the foundation. But while everyone in business may know Porter's name, many managers misunderstand and misuse his concepts. Understanding Michael Porter sets the record straight, providing the first concise, accessible summary of Porter's revolutionary thinking. Written with Porter's full cooperation by Joan Magretta, his former editor at Harvard Business Review, this new book delivers fresh, clear examples to illustrate and update Porter's ideas. Magretta uses her wide business experience to translate Porter's powerful insights into practice and to correct the most common misconceptions about them--for instance, that competition is about being unique, not being the best; that it is a contest over profits, not a battle between rivals; that strategy is about choosing to make some customers unhappy, not being all things to all customers. An added feature is an original Q&A with Porter himself, which includes answers to managers' FAQs. Eminently readable, this book will enable every manager in your organization to grasp Porter's ideas--and swiftly deploy them to drive your company's success.
107 citations
Posted Content•
TL;DR: In this article, a longitudinal analysis of the mortgage banking value chain sheds light on one of the least studied aspects of industry evolution: vertical dis-integration of the value chain.
Abstract: By providing a theoretical framework that explains how and why vertical dis-integration happens, this inductive longitudinal analysis of the mortgage banking value chain sheds light on one of the least studied aspects of industry evolution. I find that gains from specialization set off a process of intra-organizational partitioning, which leads to coordination simplification along parts of the value chain; and gains from trade foster inter-firm co-specialization, which leads to information standardization. As a result of standardized information and simplified coordination, new intermediate markets emerge, even in the presence of transactional risks. This breaks up the value chain, allowing new types of industry participants to emerge, thus, changing the competitive landscape.
107 citations
TL;DR: In this paper, a synergy between the approaches of knowledge management in a learning organization and supply chain management is developed so that learning chains can be created in order to unleash innovation and creativity by managing knowledge in supply chains.
Abstract: Purpose – The purpose of this paper is to develop a synergy between the approaches of knowledge management in a learning organisation and supply chain management so that learning chains can be created in order to unleash innovation and creativity by managing knowledge in supply chains.Design/methodology/approach – Through extensive literature review, commonalities between knowledge management and supply chain management were elicited. Knowledge Advantage framework, which was developed as a part of CRC for Construction Innovation Australia, research project “Delivering improved knowledge management and ICT diffusion in Australian construction industry”, has been proposed to extend across the supply chain in order to develop learning chains.Findings – The paper provides a conceptual grounding for future research in the area of knowledge management and supply chain management and suggests that, as unit of competition changes from organisation vs organisation to chain vs chain under supply chain management, l...
107 citations
TL;DR: This work is novel in that it integrates process-level knowledge from operational enterprises with distributed agent technologies and makes a contribution by demonstrating how agent-based supply chain integration can be effected along a large-scale, operational, inter-organizational process.
Abstract: Supply chain management represents a critical competency in today's fast-paced, global business environment. However, in the current transition from EDI to Web-based supply chain technologies, much of the capability for process integration is being lost. And the integration of buyer and seller supply chain processes is critical for speed and responsiveness in today's hypercompetitive product and service markets. Intelligent agent technology offers the potential to overcome many limitations of current supply chain technologies. This paper presents intelligent supply chain agents that represent and autonomously conduct business on behalf of product users, buyers and vendors. We classify and present numerous extant agent applications and extend a technological framework to compare and contrast intelligent agents with other classes of information technology. We then describe an agent-based supply chain process design, along with its developmental techniques, and the structure and behavior of an agent federation used for integration in a major enterprise. We present results of this exploratory research in terms of technical feasibility and process performance in the enterprise context. This work is novel in that it integrates process-level knowledge from operational enterprises with distributed agent technologies. And it makes a contribution by demonstrating how agent-based supply chain integration can be effected along a large-scale, operational, inter-organizational process.
106 citations