please explain with an example
What is value chain and value pool?
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please explain with an example
Murali
Value Chain: Adding value to the existing product, service, process, resulting in benefits
Value Pool: Adding new product or service category, resulting in added benefits
Example:
In an existing production line, if automation happens in a particular segment, the quality is likely to improve, cost is likely to reduce, and productivity is likely to be better, resulting in better bottom line.
In addition to the current production output, if services are provided by selling non-confidential data or subscriptions, that creates an additional avenue for revenue. This is in addition to adding value to the existing production line. Profit is likely to be even better, and this scenario may even increase the marketplace for the original product/service with this value add.
satish p dixit
Value chain basically explains complete process of manufacturing from Design to commissioning/product into operation.
Value pool is helping senior management to get Profits rather than revenue growth
Sandeep gocher
Value Chain: Adding value to the existing product, service, process, resulting in benefits. Value Pool: Adding new product or service category, resulting in added benefits.
Pradeepta Kumar Mohapatra
A value chain is used to describe all the business activities it takes to create a product from start to finish (e.g., design, production, distribution, etc.). And a value chain analysis gives businesses a visual model of these activities.
The value pool is a strategy model that can be used to help managers or companies focus on profits, rather than on revenue growth.
Shanty Shabu
The value pool is a strategy model that can be used to help managers or companies focus on profits, rather than on revenue growth. … While the concept is simple, the structure of Profit Pools can usually be quite complex. Some segments of the value chain will have deeper pools than the others
Julia Kniga
The value pool is a strategy model that can be used to help managers or companies focus on profits, rather than on revenue growth. … While the concept is simple, the structure of Profit Pools can usually be quite complex. Some segments of the value chain will have deeper pools than the others.
Julia Kniga
A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market.