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Abraham Baldwin Agricultural College Chain Management Discussion

Abraham Baldwin Agricultural College Chain Management Discussion

Question Description

I’m working on a business discussion question and need support to help me study.

Part 1

Within the Discussion Board area, write 200-300 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

The line managers in the production department have heard a lot of good things about value chain management. They heard that you have done considerable research on this topic. They have come to your office today to discuss value chain management with you. Complete the following:

  • Summarize 3 examples of how value chain helps companies become more competitive. You are presenting these to the administrative team from the production department.
  • Discuss how value chain management helps companies create and build value for their clients and partnering organizations by answering the following questions:
    • How do you believe value chain management works?
    • How do you think value chain management can help companies be more competitive?
    • How do you think value chain management helps companies create and build value?

Be sure to include your required references, and format your submission in APA format.

Part 2

This course uses a simulation (separate from Intellipath) to support student learning of operations management, with real world scenarios and issues. In units 2-4, you will be completing various ‘modules’ in the simulation and tasked with including content in your submitted work that reflects lessons learned while in the simulation. The following video will help you prepare a bit for what is to come.

Watch this video explaining operations management.

  • Discuss 2 items that caught your attention in the video. Write 100 words on Part II
  • Be sure to include the required reference:

McGraw-Hill Irwin. (2005). What is operations management? [Video file]. Retrieved from http://www.viddler.com/embed/7042139e/?f=1&player=…

Responses to Other Students: Respond to at least 2 of your fellow classmates with at least a 100-word reply about their Primary Task Response regarding items you found to be compelling and enlightening. To help you with your discussion, please consider the following questions:

  • What did you learn from your classmate’s posting?
  • What additional questions do you have after reading the posting?
  • What clarification do you need regarding the posting?
  • What differences or similarities do you see between your posting and other classmates’ postings?

First student Mary 

   Value chain management is important in the process of operating a business. Operations in an organization is responsible for the production of goods and the delivery of the goods to customers. All manufacturing organizations and service organizations acquire inputs such as  the people, products and equipment and combine them through a transformation process to provide output. For example, making a burger at McDonalds will require equipment to cook the burger,  employees to make the burger with products collected from various places (such as condiments) to put on the burger to make it a complete burger order. After the burger is completely assembled, then serving the customers’ needs will be the output of this process. 

         Delivering efficient output can help companies to be more competitive. For example, companies that follow feedback from customers and try to improve to deliver better service can gain trust from their customers. Therefore, gaining trust can also gain more customers and with more customers the company can also gain profits. 

         Value chain management is built from coordinating all activities from the start of the process of operating a business, and delivering, servicing and improving on, continuous service to its customers. Transformations from labor, management, materials, and capital can add or eliminate anything that does not need to be in the process.

Reference

https://class.ctuonline.edu/_layouts/MUSEViewer/As…

Part II

         McDonalds and Honda caught my attention in this video. The video showed me that both companies made their operations successful from the beginning of their operations with collaborations and adjustments that they made. For example, McDonalds, incorporates suppliers, distributors and employees to deliver great service to the customers.McDonalds partnered with local producers to deliver the best possible food item. To be cost effective, McDonalds also purchases products from other countries at affordable prices and still gains profit. Honda company has its service by building trust with its suppliers. By bringing its suppliers in early during the process can eliminate errors and or parts that need to be fixed prior to delivering the end result. If this is not done prior to customers’ purchase,some errors can be found later on that can be costly to the company.  

Reference

McGraw-Hill Irwin. (2005). What is operations management? [Video file]. Retrieved from http://www.viddler.com/embed/7042139e/?f=1&player=… 

Second student Robert 

Part 1

            By definition, “A value chain consists of any activities an organization might take to deliver a valuable product or service to the consumer” (Editorial Board, 2015).  All companies have their own version of a value chain but the success of it depends on how well this chain is managed.  Inputs and outputs will change regularly during this process eliminating any unnecessary steps and adding new ideas for upgrades.  The complete process of a value chain consists of the starting point to the finish line of a product from procurement all the way up to the asset being in the hands of the consumer.  The value part is a company having the best quality product at the most effective price they can manufacture it.  Most companies are willing to dish out a little more money in the manufacturing process to upgrade a product if the consumers are asking for it.   The company will pay more for a higher quality product knowing that more consumers will buy it in the end.  

            Value chain management can help companies be more competitive by listening to the customers wants and needs.  There are so many companies producing similar products that they need to stand out to be noticed.  The cell phone business is a great example.  Apple is coming out with IPhones about once a year and I can only imagine how difficult it is to make the next model even better than the last model.   Apple has to reach out to camera companies to make this models camera even better than the previous, along with app manufactures and everything else that goes into manufacturing the best phone they can.  Put in more money for what the customer’s want and they payout will be great.  At the same time as staying competitive this strategy will also help the company create and build value.

            Here are 3 examples of how the value chain helps companies become more competitive.  “If the consumer demand changes for a good or service, then more of a product must be manufactured” (Editorial Board, 2015).  You can’t make a profit off of product you don’t have and you won’t want your competition to sell more just because they were able to keep their product on the shelves.  “Example 2 is if the quality of a good or service must be improved (Editorial Board, 2015).  If there is any reason why a customer will not buy your product, make the necessary improvements to make them happy.  “Finally, if priorities must be changed to remain in the competition (Editorial Board, 2015).   If a different company improves their product and consumers love it, you must make the necessary change to stay relevant.

Reference

Editorial Board. (2015). 21st Century Complexities of Operations Management, Schaumburg, IL: Words of Wisdom, LLC. Retrieved from Colorado Technical University (CTU): 21st Century Complexities of Operations Management (vitalsource.com)

Part 2

            This video was extremely eye opening as a peek into operations management.  One part that caught my attention was how Honda uses statistics to determine their failure rate which could help them make adjustments to eliminate defects.  What I never thought about was just how many parts of a car need to be tested for quality.  In the video it shows the test of the exact speed and power it takes to close a door without having to slam it.  A test I never would have thought about if it wasn’t featured.  The second part that caught my eye was Disney World’s fast pass system.  I love Disneyland but what person loves lines?  As a customer I remember how happy I was when the fast pass system came into play and of course it made me want to go to Disneyland immediately.  This is a perfect example of how a business can please their customer because I would prefer Disneyland over any other amusement part that requires an hour plus wait to get on a ride. (McGraw-Hill Irwin, 2005).

Reference

McGraw-Hill Irwin. (2005). What is operations management? [Video file]. Retrieved from http://www.viddler.com/embed/7042139e/?f=1&player=…

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