The contemporary value chain in manufacturing is a fairly simple concept to describe: get the right products where they are supposed to go, as quickly as possible, and at the right price for yourself and your customer. It's a set of activities wherein products pass through, gaining value at each step of the process. This is not to say that the actual cost of each step is assigned as a specific value to the products passing though the chain. Some processes may be low cost activities that add much greater value to the product than that cost amount incurred in the production step. Take, for instance, the production of artificial heart motors. The motor itself is a relatively low cost production item that, when included in the whole package of the heart, adds a larger increased value to the finished good. Indeed, by definition value chain activities are designed to create value in a product that, hopefully, exceeds the cost of producing that value. The difference between the actual cost of … [Read more...] about The Global Value Chain
Erp value chain
Corrugated Packaging SoftwarePUNE, MAHARASHTRA, INDIA, April 24, 2018 /EINPresswire.com/ -- Market Overview Packaging industry is among the fastest growing industries which provide efficient and high quality packaging solution with the implementation of advance technology. Increasing demand of packaging in food & beverage, healthcare and other industries is driving the demand of corrugated packaging. Thus the requirement of software to design suitable corrugated packaging is increasing. Structural packaging design software is not only used to provide solutions for complex designing of corrugated packaging, it is also used for die cutting & printing. Artios CAD, Impact, Packmage, EngView Packaging Designer Suite and Kasemake are some design software which is commonly used in paper industry. However, packaging software are highly complex and require skilled personnel to handle, lack of trained people for handling packaging software is hindering the growth of the corrugated … [Read more...] about Corrugated Packaging Software Market, Trends, Absolute Opportunity and Value Chain 2024
Overview:Supply Chain Management Solution, Demand Chain Management Solution, Customer Relationship Management Solution also known as a Value Chain Management Solution. This entire business processing known as ERP or Enterprice Resource Planning. Every company wanted to Implement ERP nowdays.What is Value Chain Management?Value Chain Management is a distribution Channel between Manufacturers and its internal departments. Which is known as Supply Chain. Manufacturers and its dealers, distributors and retailers network. Which is known as Demand Chain. Manufacturer and its materials logistics network. Manufacturer and its raw material provider suppliers network. Manufacturing company and its sales force (SFA or Sales Force Automation) and customer support network. Which is known as a CRMWhy Value Chain Management? Companies manufacturing goods and wanted to supply to the end users. Value chain managing integrated information about product flow from suppliers to end users to reduce defects … [Read more...] about What is VCM or Value Chain Management?
Asif Peer is serving as the CEO, MD and Member of the Board of Directors at Systems Limited. After receiving his Bachelor in Computer Science from NUCES and an MBA from IBA Karachi, Asif started his career with Systems Limited as software developer in 1996. He later moved to the US; where he worked for 13 years and went on to serve as COO of Visionet Systems (2008-12). Asif came back to Pakistan in 2012 and returned as CEO at the same firm where he started his career. BR Research recently spoke to Asif about the group performance and broader trends in local IT industry. Selected excerpts follow: BRR: Let’s start from the group performance. Systems Limited (consolidated) revenues have almost quadrupled in the last five years. The top-line stood at Rs3.8 billion in CY17. Is there any revenue target for the next five years? Asif Peer: We believe in reinventing ourselves every few years, which is why we have grown over the past four decades. CY17 was an exceptional year for Systems … [Read more...] about ‘IT exports must move up the value chain’
Overview :Enterprise Resource Planning is popularly known as ERP. Every company who wanted to grow rapidly in todays competitive marktplace dreaming about Enterprise Resource Planning (ERP). Value Chain Management, Supply Chain Management, Demand Chain Management, Customer Relationship Management are more popular modules of ERP.What is Enterprise Resource Planning? ERP is a bunch of many many various types of softwares which is connected to the different different types of departments in the large companies. ERP software integrates information used by companies many different functions and departments into unifies computer system.Why Enterprise Resource Planning? ERP can save huge inventory cost of the companies. ERP using departmental databases to manage information, such as employee records, customer data, purchase orders and inventory, everyone in the company relies on the same database. This allows employee in different departments to look at the same information.Benefits of … [Read more...] about What is ERP (Enterprise Resource Planning)?