Value Chain

In the Value Chain that I did with my other group mate. What I contributed in doing our value chain is the primary activities. Wherein the content of this part is inbound logistics. In the inbound logistics there is the purchasing of raw materials, the operations in creating a certain product and the things needed to make that certain product.

Inbound logistics is the activities of receiving, storing, and disseminating incoming goods or material for use. Inbound logistics is an integral element of business operations for a manufacturing firm, involving the processes of receiving, storing and distributing raw materials for use in production. It is the first stage in value chain, which business management expert Michael Porter outlined in his 1985 book “Competitive Advantage.” Small business manufacturers may not manage as much inventory, but should still optimize inbound logistics processes.

 

 

 

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s