{"id":404,"date":"2016-07-13T12:23:20","date_gmt":"2016-07-13T17:23:20","guid":{"rendered":"http:\/\/blogs.uww.edu\/prasad\/?page_id=404"},"modified":"2016-07-13T12:39:52","modified_gmt":"2016-07-13T17:39:52","slug":"the-general-principles-of-value-chain-management","status":"publish","type":"page","link":"https:\/\/blogs.uww.edu\/prasad\/teaching\/independent-study\/the-general-principles-of-value-chain-management\/","title":{"rendered":"The general principles of value chain management"},"content":{"rendered":"

The general principles of value chain management<\/h1>\n

Tom McGuffog and Nick Wadsley<\/p>\n

Supply Chain Management<\/h2>\n

1999, Vol. 4, No. 5, pp. 218-225<\/p>\n

 <\/p>\n

1)\u00a0\u00a0\u00a0\u00a0\u00a0 Specialization<\/p>\n

    \n
  1. a) Outsourcing to specialists<\/li>\n
  2. b) Reduces unit cost of production\/service<\/li>\n
  3. c) Can produce waste<\/li>\n
  4. i) Each party ignores the effect of its actions on the other<\/li>\n
  5. ii) Reduces customer service, increases inventory, waste and cost<\/li>\n<\/ol>\n

    iii)\u00a0\u00a0\u00a0\u00a0 Introduces constraints for timetables, forecasting and communication<\/p>\n

      \n
    1. iv) Communication and data exchange are key in such an environment<\/li>\n<\/ol>\n

      2)\u00a0\u00a0\u00a0\u00a0\u00a0 Maximizing net added value<\/p>\n

        \n
      1. a) Reducing uncertainty<\/li>\n
      2. i) Demand<\/li>\n<\/ol>\n

        (1)\u00a0\u00a0 Predictability of order timing<\/p>\n

        (2)\u00a0\u00a0 Stability of order sizes<\/p>\n

        (3)\u00a0\u00a0 Impact of influences other than consumer demand<\/p>\n

        (4)\u00a0\u00a0 Accuracy required on prices, place, time<\/p>\n

          \n
        1. ii) Supply<\/li>\n<\/ol>\n

          (1)\u00a0\u00a0 Predictability of Lead times<\/p>\n

          (2)\u00a0\u00a0 Checking the quantity<\/p>\n

          (3)\u00a0\u00a0 Testing the quality<\/p>\n

          iii)\u00a0\u00a0\u00a0\u00a0 Technology<\/p>\n

          (1)\u00a0\u00a0 Collaborative event management systems (CEM)<\/p>\n

          3)\u00a0\u00a0\u00a0\u00a0\u00a0 Model: Categorizing data for CEM<\/p>\n

            \n
          1. a) Value chain participants<\/li>\n
          2. i) Customers<\/li>\n
          3. ii) Suppliers<\/li>\n<\/ol>\n

            iii)\u00a0\u00a0\u00a0\u00a0 Agents<\/p>\n

              \n
            1. iv) Authorities<\/li>\n
            2. v) People<\/li>\n
            3. b) Products of services<\/li>\n
            4. i) Descriptions and key characteristics<\/li>\n
            5. ii) Prices and costs<\/li>\n<\/ol>\n

              iii)\u00a0\u00a0\u00a0\u00a0 Technical specs<\/p>\n

                \n
              1. c) Processes or treatments<\/li>\n<\/ol>\n

                 <\/p>\n","protected":false},"excerpt":{"rendered":"

                The general principles of value chain management Tom McGuffog and Nick Wadsley Supply Chain Management 1999, Vol. 4, No. 5, pp. 218-225   1)\u00a0\u00a0\u00a0\u00a0\u00a0 Specialization a) Outsourcing to specialists b) Reduces unit cost of production\/service c) Can produce waste i) Each party ignores the effect of its actions on the other ii) Reduces customer service, […]<\/p>\n","protected":false},"author":3916,"featured_media":0,"parent":118,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-404","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/pages\/404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/users\/3916"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/comments?post=404"}],"version-history":[{"count":1,"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/pages\/404\/revisions"}],"predecessor-version":[{"id":405,"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/pages\/404\/revisions\/405"}],"up":[{"embeddable":true,"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/pages\/118"}],"wp:attachment":[{"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/media?parent=404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}