Process of Stripping and shifting in reengineer value chain

Question

Illustrates the process of Stripping and shifting in reengineer value chain activities?

Answer 1

Stripping away the extras:

Offering only basic services or products can help a company cut- costs linked with the multiple options and features.

Shifting to less capital intensive, simpler, or flexible or more streamlined technological process:

Computer-assisted manufacture and design, or other flexible developing systems, can put up both product customization and low-cost efficiency.