-
Essay / the value chain - 537
The value chain refers to all activities associated with the provision of a product or service. From the manufacturer's perspective, these activities include product design, production sales, sales and marketing, delivery, research and development, customer relations, and subsequent service. Recently, many companies have analyzed the stages of the value chain with the aim of improving productivity and eliminating waste. In the past, companies purchased machines to replace labor in manufacturing processes. Although this method was designed to produce large quantities of product, it was recently stated to be recognized as wasteful. Indeed, they require a large storage capacity and a considerable movement of materials. This scenario has led companies to reorganize their manufacturing processes and value chain analysis has enabled companies to improve their profitability and be more responsive to customer needs. We will examine Dell Incorporation on how it uses the value chain in its business tactics. We'll start with Dell's Direct Mod...