{"id":406,"date":"2016-07-13T12:40:47","date_gmt":"2016-07-13T17:40:47","guid":{"rendered":"http:\/\/blogs.uww.edu\/prasad\/?page_id=406"},"modified":"2016-07-13T12:41:43","modified_gmt":"2016-07-13T17:41:43","slug":"implementing-value-strategy-through-the-supply-chain","status":"publish","type":"page","link":"https:\/\/blogs.uww.edu\/prasad\/teaching\/independent-study\/implementing-value-strategy-through-the-supply-chain\/","title":{"rendered":"Implementing value strategy through the supply chain"},"content":{"rendered":"

David Walters and Geoff Lancaster<\/p>\n

Management Decision<\/p>\n

2000, Vol 38, Issue 3, pp. 160-78<\/p>\n

 <\/p>\n

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

    \n
  1. a) Four Propositions<\/li>\n
  2. i) SCM is the management of relationships between key stakeholders and functions that occur in wealth maximization<\/li>\n
  3. ii) Customers drive wealth maximization<\/li>\n<\/ol>\n

    iii)\u00a0\u00a0\u00a0\u00a0 Wealth Maximization and customer satisfaction are facilitated by effective logistics management<\/p>\n

      \n
    1. iv) Logistics management is the management of activities and costs occurring within the supply chain<\/li>\n
    2. b) Task of management<\/li>\n
    3. i) Identify customer needs and priorities<\/li>\n
    4. ii) Identify the channels that can satisfy them<\/li>\n<\/ol>\n

      iii)\u00a0\u00a0\u00a0\u00a0 Identify the services\/products best suited for those channels<\/p>\n

        \n
      1. iv) Identify the inputs and raw materials required to create the product\/service<\/li>\n
      2. v) Identify the assets and core competencies essential to the inputs and raw materials<\/li>\n<\/ol>\n

        2)\u00a0\u00a0\u00a0\u00a0\u00a0 Value Chain Model<\/p>\n

          \n
        1. a) Value is created by effective response and delivery, facilitated through<\/li>\n
        2. i) Identifying and understanding customer benefits<\/li>\n
        3. ii) Identifying costs<\/li>\n<\/ol>\n

          iii)\u00a0\u00a0\u00a0\u00a0 Identifying combinations of organizational knowledge and learning<\/p>\n

            \n
          1. iv) Identifying organizational structures<\/li>\n
          2. b) Value Chain processes<\/li>\n
          3. i) A firm\u2019s competitive position depends on the effectiveness of the entire chain, not just it\u2019s direct linkages<\/li>\n
          4. ii) The value chain serves as a design for the business\u2019 mission<\/li>\n<\/ol>\n

            iii)\u00a0\u00a0\u00a0\u00a0 The supply chain gives its strategic direction and organizational vehicle<\/p>\n

              \n
            1. iv) The operation \/implementation role is assumed by logistics management<\/li>\n
            2. c) Effective value chain reconfiguration require structure<\/li>\n
            3. i) Expansion in a company\u2019s structure may require the value chain to change<\/li>\n
            4. ii) Expansion is unlikely to occur without expansion of assets and core competencies<\/li>\n<\/ol>\n

              iii)\u00a0\u00a0\u00a0\u00a0 Vertical integration has alternative structural options<\/p>\n

              (1)\u00a0\u00a0 Coordination<\/p>\n

              (2)\u00a0\u00a0 Integration<\/p>\n

              (3)\u00a0\u00a0 Coordination is replacing integration<\/p>\n

              3)\u00a0\u00a0\u00a0\u00a0\u00a0 Conclusions\/ Key points<\/p>\n

                \n
              1. a) Supply chain management and logistics management are supporting functions in an overall value chain<\/li>\n
              2. b) The Objectives of all value chain participants should be maximized to a point where no preferable solution may be found<\/li>\n
              3. c) Information and relationship management determine the effective organizational structure of the value chain and its efficient operational management.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

                David Walters and Geoff Lancaster Management Decision 2000, Vol 38, Issue 3, pp. 160-78   1)\u00a0\u00a0\u00a0\u00a0\u00a0 Intro a) Four Propositions i) SCM is the management of relationships between key stakeholders and functions that occur in wealth maximization ii) Customers drive wealth maximization iii)\u00a0\u00a0\u00a0\u00a0 Wealth Maximization and customer satisfaction are facilitated by effective logistics management iv) […]<\/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-406","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/pages\/406","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=406"}],"version-history":[{"count":1,"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/pages\/406\/revisions"}],"predecessor-version":[{"id":407,"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/pages\/406\/revisions\/407"}],"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=406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}