Tuesday, May 5, 2020
Businesses Receives the Raw Materialsââ¬Free Samples for Students
Question: How to the Businesses Receives the Raw Materials? Answer: Introducation The value chain is being defined as the strategic tool which is used in the management of the firms analysis with showing the internal firm activities. Its aim is to identify the values of the activities which enables in differentiating the source and also the advantages can be easily shown by depicting the source of the cost. The improvement of the work can be depicted to be providing the competitive advantage and also the internal activities of the firm are being revealed by showing both the advantages and the disadvantages (Ayers, 2006). The firm must compete through the competitive advantages and the disadvantages that are identified by indicating the enhancement of the work and also the enhancement of the work can be made by showing the performance of its activities. This will show the improvement in the work which is being used by showing the appropriate structure of the company and also it will show the capability of producing the goods and the activities that are required for the enhancement of the work. The capability is being made by showing the internal activities as it is being defined the value chain and also the superior products can be provided with achieving a huge amount of the profits (Bozarth Handfield, 2016). The value chin model consists of the primary activities and the support activities. The primary activities consist of the adding value to the production process which is being used directly and also these are not so much important for the supporting activities. The support activities are referred to as the information that enables in showing the appropriate construction of the system which will enable the process by showing the innovations in the information system, R D, and the general management which are depicted to be the vital sources of the differentiation advantages (Burf, 2009). The costs can be easily identified by showing the enhancement of each activity and also the proper management of the costs can be appropriately fixed by showing the management of each activity. The integration of the more activities can be easily made by showing the vertically integrated processes that enable the establishment of the vertically integrated activities (Weele, 2015). The importance of this tool can be appropriately explained by the usages which are being measured in the form of the two various approaches which are the cost advantage and the differentiation advantage. The cost advantage is used in the form of organizing the costs which are used to compete (Chopra Meindl, 2016). The factors are depicted to be driving the sources of the costs that enables in identifying the firms primary and the support activities and also enables the appropriate establishment of the relative importance of each activity in the form of the total costs of the product. The identification of the cost drivers are depicted to be identified for the each activity and also the identification is being made between the links. The construction of the work is being structured by showing the appropriate enhancement of the activities that ensures in showing the opportunities for the purpose of reducing the costs (D'heur, 2016). The differentiation advantage is being described as the advantage that enables the establishment of the superior products or the services that thrive the differentiation creation of the advantage. The structure can be easily made by showing the advantage approach. The identification of the customers is made by showing the evaluation of the differentiation strategies that enables in establishing the improvement in the customer values. The identification of the best sustainable differentiation is showing the enhancement of the work, and the identification of the best sustainable ways can be easily measured. These are the overall description that can be provided in the case of the value chain analysis (Sen, 2008). Design of the value chains The value chain plays a significant role in innovation and quality systems. The central Queensland University relations are linked as the part of the innovation system. The value strategy can be implemented through the value chain. It is recognized that the technological advancement has changed the activities of the organizations. The central Queensland University delivers more than three hundred training and education offering from certificates and short courses through postgraduate, undergraduate and research degrees. The study areas include trades and training, apprenticeships, law and accounting, visual arts, humanities, built and engineering, information technology, digital media, health, social work and community services, psychology, environment, and science (Floyd, 2006). The materials and instruments are required by the university to carry out their work processes. Thus, the supply of all the materials is important for the University. The University conducts many courses, an d the main factor in processes and production in creating new results varies a lot. The requirement of instruments and equipment is related to the chemical and engineering process. Maintenance of the laboratory equipment, facilities, and many other operations are organized by the University. The administration implements strategies related to the ICT, legal advising activities, financial administration and engineering support activities (Human, 2008). The procurements can be transferred into the project funding arrangements. The primary activities begin with the idea development and generation. The relation with the suppliers is very much important for the adequate supply of all the materials. The materials are used for carrying out the day to day activities. The research and development department also need materials and equipment for the research process. The value chain model is used in the university for strategic management planning in order to keep the actions in focus. The ne twork development, subcontracting and project funding need to be the focus by the management (Pinnock, 2012). The value chain model of Rio Tinto Group is about understanding the safety, health, environmental, economic and social impacts of the operations which include materials for the manufacturing of the products. The main goal of the company is to obtain the status of the suppliers and recognition for the commitment to the environmentally, safe and socially responsible production, products use and transport (Kim, 2005). It is important for the company to understand the environmental, economic and social implications of the activities. It allows to decrease the negative impacts and optimize the benefits. The non-mineral and mineral waste are generated during the processing and mining operations. The suppliers are engaged to share their values and support the social license. The company works with the suppliers to create a sustainable supply chain that decreases environmental impacts and waste, drive the working capital efficiency and encourage economic development. The company also ensures that the products are transported safely to the customers and meeting the regulatory requirements. The product stewardship programs ensure that the products meet the regulatory requirement (Laric, 2004)n nations. The consumers and customers determine the sustainable activities of the company, and the company ensures they meet the quality specifications and product design. The products contribute to the sustainable development by enhancing sustainable markets, sustainable stocks and sustainable communities. The external stakeholders and employees are a significant part of the value chain. The company also focuses on improving the working conditions and conserving resources and environment. The company has completed its extensive research into the bauxite shipping operations and had the authorisation to continue the shipping bauxite. Supply chain visibility has become more important in the organizations all over the world. Comparison of the value chains The value chain comparison of the Rio Tinto Group and the Central Queensland University is being provided in the following points: - Rio Tinto Group A value chain analysis is defined as the chain of the activities which are conducted by the Rio Tinto Organisation for the purpose of delivering the high-quality product or the services to its customers. The value chain process is being determined by showing the appropriate process which begins by the Rio with the exploration and also it is depicted to be going through the several sections that enhance the development of the work and also enables the establishment of the work which is being shown by depicting the expansion of the work (Lindgreen, 2016). The appropriate establishment of the several sections can be easily identified by showing the increment of the investments and also the ultimate focus is being made on the enhancement of utility which is being focused on the development of the work. The structure of the study is showing the refining of the materials which is showing the extraction of the precious materials and also the representation of the Rio's value chain procedure can be appropriately constructed. Therefore, the margin of the mine tailing is being provided by showing the re-circulating in the upward movement and also the increment of the value is being made by showing the enhancement of the lowering the risk of the raw materials which are depicted to be available in the country (Papageorgiou Georgiadis, 2008). The new burdens arise with the enough risks that are available for the depicting the new burdens and also it arises with showing the creation of the values for the purpose of depicting the growth in the productive stage in the business. Central Queensland University The Central Queensland University is showing the creation of the work which is being shown for the development of the structure, and also the centralization of the concept can be shown by illustrating the Inbound logistics and the operations. The outbound logistics and the marketing with the sales can be appropriately explained by showing the enhancement of the work (Pinnock, 2010). The development of the work can be appropriately explained by showing the enhancement of the work with showing the main process regarding the consideration of the functional activities. These are provided in the form of the showing the institutional activities which are performed with showing the coordination in between the members of the organization. Conclusion The value chain helps to increase the efficiency of the organization. The value chain analysis results in the ability of the company to understand and optimizing the activities that increase the profit margin and lead to the competitive advantage. Thus, the main goal of the value chain is to strengthen or create a competitive advantage. The value chain of Central Queensland University is quite different from the Rio Tinto Group (Sabri Shaikh, 2014). The primary activities of the company can be carried with the supply of the materials, and it is important to establish a relationship with the suppliers. It an organization creates an advantage through the value chain then it can increase its profit margin. Thus, it can be said that the value chain is important and many organizations in the world are focusing on the value. References Ayers, J. (2006).Handbook of supply chain management. Boca Raton, Fla.: Auerbach. Bozarth, C., Handfield, R. (2016).Introduction to operations and supply chain management. Boston: Pearson. Burf, D. (2009).World class supply management. [Place of publication not identified]: Mcgraw-Hill Education. Chopra, S., Meindl, P. (2016).Supply chain management. Boston, Mass. [u.a.]: Pearson. D'HEUR, M. (2016).SUSTAINABLE VALUE CHAIN MANAGEMENT. [Place of publication not identified]: SPRINGER INTERNATIONAL PU. Floyd, D. (2006).Business studies. London: Letts. Human, J. (2008).Business studies. Cape Town: Nasou via Afrika. Kim, B. (2005).Supply chain management. Singapore [u.a.]: Wiley. Laric, M. (2004).The value chain and marketing. Bradford: Emerald Group Pub. Lindgreen, A. (2016).Sustainable value chain management. London: Routledge. Papageorgiou, L., Georgiadis, M. (2008).Supply chain optimization. Weinheim: Wiley-VCH. Pinnock, A. (2010).Business studies. Claremont [Cape Town]: The Answer. Pinnock, A. (2012).Business studies. Claremont [Cape Town]: The Answer. Sabri, E., Shaikh, S. (2014).Lean and Agile Value Chain Management. Ft. Lauderdale: J. Ross Publishing Inc. Sen, M. (2008).Business Management. New Delhi: Global Media Publications. Weele, A. (2015).Purchasing supply chain management. Australia: Cengage Learning.
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