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Topic:
Business Analytics: Industrial Label Printers Value Chain
Essay Instructions:
Identify the activity area in your firm’s (or a firm of deep interest to you) value chain that needs the most adjustment to support the firm’s overall strategy.
Use the following steps taken from the Magretta reading:
Lay out the industry value chain
Compare your organization’s value chain to the industry’s
Provide an annotated value chain diagram describing each primary and support activity for your organization.
Use Powerpoint, Word or a similar program to create the diagram.
Identify drivers that allow higher prices to be charged
Identify drivers that are a large proportion or are a growing proportion of costs
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Business Analytics: Industrial Label Printers Value Chain
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Business Analytics: Industrial Label Printers Value Chain
The value chain entails numerous activities used by a firm operating in a particular niche to deliver value to its clients. The activity that needs readjustment to support the Industrial Label Printers strategy is packaging and shipping. Compared to the industry, the strategy employed within the organization is fair. However, there is a need to enhance the packaging and shipping of products. This is an essential part of the business that can improve customer satisfaction and experience. The company's most important aspects include order placement, Order Confirmation, checkout, packaging, and shipping. These key segments have been found to affect the value of the company significantly. The performance ...
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