Internet technology to reengineer value chain activities
Identify the benefits obtained by Utilize Quality Foods through the remanufacturing of the value chain via use of the newest technology?
Expert
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.
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