Value Chain For Competitive Advantage
Essay specific features
Written by:
John R
Date added:
January 11, 2017
Level:
University
Grade:
A
No of pages / words:
21 / 5836
Was viewed:
1582 times
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Essay content:
The changing market dynamics and the demanding customers have made it a necessity for these managers to build shorter lead times, more customization, higher productivity and lower costs, into their offering. Effective allocation of time and cost has been the major cost center for most business operations, and having an efficient supply chain ensures a cost advantage for businesses...
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Creating an efficient supply chain has been the primary focal point for firms, who see the supply chain as the networked constituent of suppliers, distributors and customers. For the benefits of customers as compared to competitors, firms place a premium on operational efficiency. Bloomberg et al. (2002) reiterates in their book Logistics, "A chain reach extend only as far as its links stay connected...
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