Sunday, December 22, 2019

A Framework For Supply Chains Logistics Operations Essay

Topic 1 Oakden, R., Leonaite, K. (2011). A Framework for Supply Chains Logistics Operations in the Asia Pacific Region. Sydney NSW: McGraw Hill. Chapter 1, Topic: Value chain. (pp. 6). Description of Topic The value chain is defined as the â€Å"full range of activities which are required to bring a product or service from conception, through the different phases of production (involving a combination of physical transformation and the input of various producer services), delivery to final consumers, and final disposal after use†. Moreover, there are ranges of activities within each link of the chain. (Raphael Kaplinsky, 2000, p. 4). In addition firms usually perform value chain activities in certain ways that allows a firm the capabilities to outmatch rivals, which creates a potential source of competitive advantage. (Daniel McDermott, 2008). In the real world, of course, value chains are much more complex than this. For one thing, there tend to be many more links in the chain. The value chain can be broken down in to primary and support activities The practical implications of the topic on logistics and supply chain management. Porter s Value Chain image below explains the value chain analysis to help add value to the company. The value chains primary activities are implemented through logistics and supply chain management through: †¢ Inbound and outbound logistics †¢ Production †¢ Sales and marketing The value chains support activities are implemented through logisticsShow MoreRelatedLogistics And Supply Chain Management1033 Words   |  5 PagesLogistics and supply chain management is an important aspect of a firm’s strategy for the business to achieve success by creating value throughout the logistics and supply chain. The research paper will outline the concepts that are involved in creating the logistics and supply management framework. 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