They are product innovation and process innovation. The article includes tips for students and analysts on how to write a good Value chain analysis for a firm.
Value chain defines the way of handling the business with a bunch of activities that converts inputs into outputs that customer requires.
One of these innovation are e-commerce, businesses that use e-commerce can now see a major difference in sales and revenue.
On the other hand, social network analysis gives the feasible connections, physical as well as virtual, between various organizations involved in the chain Competitive advantage comes from carrying out those activities in a more cost-effective way than ones competitors.
Value chain analysis is a model that was developed by Michael Porter to help an organization develop a strategy for its organization. How as competition intensifies among companies, especially in enhancing their supply chain management, innovation is considered key to gaining competitive advantage To conduct a value chain analysis, a business should begin by identifying each part of its production process, noting steps that can be eliminated and other possible improvements.
For banks, globalization offers both promise and risk Firms in a supply chain relate, transact, and partner on different levels; from product design and development to product delivery.
The simpler concept of value stream mappinga cross-functional process which was developed over the next decade,  had some success in the early s. This essay is going to analysis value chain of IKEA in two areas which are primary activities and support activities.
In order to create efficient supply chain, the right approach is essential.
Firm infrastructure refers to an organization's structure and its management, planning, accounting, finance and quality-control mechanisms.