Internet technology to reengineer value chain activities

Question

Identify the benefits obtained by Utilize Quality Foods through the remanufacturing of the value chain via use of the newest technology?

Answer 1

The advantages obtained by use include cost saving efficiencies, improved effectiveness of operations and sales are boosted.

• Using direct-to-end-user marketing and sales approaches – Costs in the wholesale-retail segments of the value chain frequently stand for 35-50 % of the price final customers pay.

• Simplifying product design – Using the computer-assisted design methods, reducing the number of parts, components across models and standardizing parts and styles, and shifting to an easy-to-construct product design can all simplify the value chain.