On the diagram below, we would like to provide a visual representation of how our offerings span across all industries to provide a custom solution fit for your business.
Inbound logistics is where purchased inputs such as raw materials are often taken care of. Because of this function, it is also in contact with external companies such as suppliers. The activities associated with inbound logistics are receiving, storing and disseminating inputs to the product. Examples: material handling, warehousing, inventory control, vehicle scheduling and returns to suppliers.
Operations can transform inputs into the intended result once the necessary materials have been internally gathered. The utilisation of factory conveyor belts often occurs during this stage. Operations-related tasks convert inputs into the final product form as a result. Examples include manufacturing, packaging, assembling, upkeep of machinery, testing, printing, and facility management.
The final product still needs to go to the customer after it is finished. The goods can either be transported immediately or needs to be held for a long, depending on how lean the organisation is. Outbound logistics involves gathering, storing, and physically distributing the product to customers. Storage of finished items, material handling, the use of delivery vehicles, order processing, and scheduling are a few examples.
Producing goods does not necessarily indicate that there are consumers ready and eager to buy them. Sales and marketing are then involved in this. To ensure that potential customers are aware of the product and are sincerely contemplating purchasing them, it is the responsibility of marketers and sales representatives. Therefore, the purpose of marketing and sales activities is to both provide a way for customers to buy the goods and to encourage them to do so. Examples include pricing, channel selection, channel relationships, sales force, advertising, and promotion. The marketing funnel is a useful tool for organising the complete marketing procedure.
After-sales support is just as crucial in the modern economy as marketing initiatives. Due to the ease with which complaints from dissatisfied consumers may be disseminated online, the effects on your business’ reputation could be severe. Therefore, it’s critical to have effective customer service procedures. Offering services to improve or preserve the value of the product after it has been sold and delivered is what this value chain’s associated activities entail. Examples include setup, maintenance, instruction, supplying parts, and product adjusting.
The activities that make up a company’s infrastructure include planning, general (strategic) management, finance, accounting, legal, government affairs, and quality management. Typically, infrastructure supports the entire value chain rather than specific activities. Numerous corporate infrastructure tasks are frequently listed as “overhead” charges in accounting. These actions could be one of the most potent sources of competitive advantage, so they shouldn’t be undervalued. After all, strategic management frequently serves as the foundation upon which all other business decisions are made. People on the work floor will find it more difficult to perform well if the wrong method is used.
Recruitment, employment (and firing), training, development, and remuneration of all types of staff are all included in human resource management (HRM) tasks. Through its function in defining the skills and motivation of employees as well as the cost of hiring and training them, HRM has an impact on the competitive advantage of any organisation. Some businesses, particularly in the technical and advisory service sectors, place such a high value on people that they have created an entire Talent Management division inside HRM specifically to find and develop the top university graduates.
Every value activity incorporates technology, whether it be knowledge, processes, or technology found in processing machinery. The majority of businesses employ a wide range of technology. Efforts to enhance the product and the process can be categorised as technology development activities. Examples include software used in accounting automation, product design research, and customer service operations. Typically, this is where departments of research and development fall under.
Purchasing inputs used in the firm’s value chain is the function of procurement, not the inputs themselves. Every value-creating activity, including support activities, requires purchased inputs. Raw materials, supplies, consumables, and assets including machinery, lab equipment, office equipment, and buildings are all examples of purchased inputs. Therefore, procurement is required to support not only inbound logistics but also other value chain activities.
Our value proposition offers digital transformation and automation opportunities across all activities in the company, to see industry specific automation opportunities, have a look at the industries section below
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