Value Chain Engineering System - Assignment

   

Added on  2020-05-11

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Student’s Last Name 1Value Chain Engineering SystemBy (Name)CourseProfessorUniversityDate
Value Chain Engineering System - Assignment_1
Student’s Last Name 2IntroductionPorter's Five Forces is used as a holistic strategy that does not only focus on the current competition but also the future trends. This report seeks to identify possible situations that can beused to improve on Woolworth’s value chain hence improving its productivity and efficiency. The three identified scenarios are then tested by use of Porters Five Forces to determine their benefits and risks.Part One: Improving the Value-ChainThe company’s three value-creating functions include the inbound logistics that facilitates the company to monitor its product’s distribution network. Second is the operations whereby there are strict quality assessments as well as inventory management procedures which help in value creation (Arli, Dylke, Burgess, Campus and Soldo, 2013, pp.95). Last is the marketing and sales where the company carries out promotional activities to make sure that the company remains competitive.First, to improve the value chain, the company should improve its supply chain aimed at minimizing costs. To ensure that the company remains competitive, it should continuously keep on improving its technological capabilities thus making it hard for rival companies to imitate, enhance its supplier relationships, and continuously improve its distribution expertise. The second capability that would improve the value chain is improving the brand reputation. The company should make more investment in its fresh variety of healthy meals (Dobbs, pp.36). Thiswould result in the improved brand being recalled in the customers’ minds thus increasing the possibilities of purchase. The third capability that would improve the value chain is making sure
Value Chain Engineering System - Assignment_2

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