Popular in Course
verified elite notetaker
Popular in Department
This 1 page Study Guide was uploaded by Experthelper Notetaker on Friday November 6, 2015. The Study Guide belongs to a course at a university taught by a professor in Fall. Since its upload, it has received 47 views.
Reviews for GB570-unit4-discussion
Report this Material
What is Karma?
Karma is the currency of StudySoup.
You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!
Date Created: 11/06/15
What are the constraints in conducting an effective value chain analysis? At just about all process stages of the value chain, constraints occur. Some of the constraints in the value chain are found in areas of technology, finances, poor management, lack of communication, etc. The recognition of these constraints and potential solutions should be primary to organizations. When conducting an effective value chain analysis, one of the main constraints is to have a thorough analysis of the value chain activities. These activities should be recognized at local, regional and global levels (Phalla, 2008). What can be done to mitigate or overcome constraints? Performing an accurate evaluation of the value chain can assist in overcoming these constraints. It is imperative that each constraint is looked at separately and a practical solution is determined to address the individual constraint. This process should be efficiently managed from the beginning to end of the value chain. How frequently should a firm’s value chain be analyzed and why is this important? It is important that a firm analyze their value chain often. In an environment that is continuously changing and competition can occur unexpectedly, it is vital that firms have systematic procedures in place at all times with which to revise performance measures and performance measuring methods (Walters & Rainbird, 2007). Reference Phalla, V. (2008). Mapping the Value Chain. Retrieved from http://valuechains4poor.pbworks.com/w/page/12518345/Mapping%20the%20Value%20Chain Walters, D., & Rainbird, M. (2007). Strategic operations management: A value chain approach. New York: Palgrave Macmillan.
Are you sure you want to buy this material for
You're already Subscribed!
Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'