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Value Chain in Operations Management

   

Added on  2023-01-16

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VALUE CHAIN
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Value chain in any business Are the important personnel in higher level of management which
have basic responsibility to ensure that company is performing with efficiency. The control
multiple areas which are sure that the company is working with productivity and efficiency along
with reducing cost. There are also responsible to manage other leaders and departments of the
organisation and guide teams to achieve goals and objectives. In Amazon advertisement from the
online it can be clearly seen that they will be Responsible for operations management. It in walls
processes like controlling, planning, managing and supervising the production processes of the
organisation. In this context the major rule of value chain is to control conversion of raw
materials into finished products and insure time delivery to the customer. There are many
benefits of operations management in an organisation, some of them are as follows:
Value chain is required in every business irrespective of the industry in which they are
operating. It manages daily processes and activities with deficiency so that resources can
be utilised effectively.
It is also beneficial to improve overall performance of the organisation While controlling
raw material, employees and other resources of the organisation.
Value chain is the process by which different business activities takes place and
indirectly contributes in adding value to the product so that customer experience can be
improved.
Value chain else and optimum utilisation and of materials and resources which leads to
profitability. It helps in converting raw material and efforts of employs into products and
services so that customer expectations can be met.
Operations management is said to be core of the organisation as it controls the
manufacturing process which is one of the major processes of the organisation to meet
the customer demand.
Operations management involve different responsibilities and one off it is to ensure that business
operates effectively and officially so that less resources are used in meeting customer demand.
Thus there are different Theories and techniques so that it can be successful in managing
processes and people in an organisation. Some of them are as follows:
Business process redesign: it is also known as business process we engineering with the main
object is of achieving a increase in performance like return on investment, Quality of product and
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