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Managing Industry Processes to Reduce Waste
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The Value Chain and the Internet
The modern Internet has become a homogeneous and ubiquitous connection between organizations and people. The competition among businesses has become centered around reduction of waste and the ability to re-adjust to new market conditions. As competition increases the overall reliance upon the principles of JIT functionality the level of play escalates further and further. This model, long noted in manufacturing supply-chains, is the underlying principle in the formation of "Value Chains." Value Chains are not restricted to manufacturing environments. Instead, their most effective utilization is in its early stages in the Service Industry environment where it will not reduce the waste of materials but instead the waste of human effort and time. When the Value Chain incorporates end-users, government bodies, community groups, and utility vendors; its power to enhance productivity will be exponential. Notice that the last statement began with the word "when" and not "if." The economic pull is so great that any entity that has not began to adopt the basic principles of inter-organizational connectivity, such as found in a Value Chain, may have already sealed its fate.
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Value Chain Development
Our first task will be to provide your company with a report on the potential impact and expected resource needs required for development of or participation in a Value Chain. Not every company can lead a segment of their industry in Value Chain formation. However, every organization will need to know its positioning strategy. It is in each Value Chain member's best interest to control as many factors as possible. That should be your goal. We will help you to drive that process through information collection, strategy training, and technology implementation.
Overview of the Value Chain Development Process
- Industry Specific Research of Potential Member Relationships
- Determine Potential to Manage or Co-Manage Value Chain
- Estimate Value to Client of Chain Membership or Chain Management
- Compare Implementation Costs with Expected Benefits
- Evaluate Risk Factors on Time-Line with Implementation Schedule
- Present Management with Research and Proposed Chain Positioning
- Develop Project Plan for Implementation of Chain Positioning Strategy
- Train Key Management Participants on Value Chain Formation
- Implement Technical Components and Oversee Business Process Transformation
- Provide Ongoing Progress Reports and Executive Communications
- Monitor Industry Changes, Evaluate Impact, and Report as Required
Please call us at (847) 289-1100 or send an estimate request to IT Pro.
(Note: This service was previously only available to large entities, willing to pay thousands of dollars per hour, during the late 1990s. Our pricing is, in contrast, very reasonable, and very justifiable to any organization aspiring to be in operation more than a couple more years.)
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