Value Chain Model Research Articles

A value chain modeling approach for upscaling the production of fine flavor cocoa in Arauca (Colombia)

AbstractThe fine flavor cocoa (FFC) market offers additional income for small farmers. Despite the potential of several Latin American countries to produce FFC, their lack of standardized postharvest processes hinders compliance with high‐quality standards demanded by the FFC market, as these processes have a direct impact on cocoa's organoleptic characteristics. This work supports the design of a collective postharvest transformation model that coordinates the main steps in the cocoa agri‐food chain: transport of the cocoa harvest, classification, fermentation, drying, storage, and commercialization. Our methodology includes a modeling scheme combining optimization and simulation models, considering variability in the processes, and covering operational (transport and resource allocation), tactical (design and sizing of the processing plant), and strategic (sales dynamics) decisions across the cocoa value chain. We illustrate this methodology in a case study in Arauca, Colombia. Our findings emphasize the importance of combining these operational and strategic models since their inputs and outputs are interconnected influencing the decision‐making within the cocoa value chain. Our study also identifies key determinants for the postharvest design, highlighting the postharvest center capacity, FFC prices, and the market selling mode (export or local).

The recipe to sweet success: competitive advantages for a Spanish chocolatier, 1874–1910

Purpose The purpose of this paper is to unravel the success story of a family business, while engaging with debates in business and management research through the application of corporate strategy frameworks. Implement a structured methodology to evaluate a company’s strategic efforts and explore how businesses historically achieved competitive advantages over time. Design/methodology/approach This company analysis adopts a longitudinal approach on competitive advantages, moving beyond traditional cross-sectional business to transform static models into dynamic ones. It adheres to Michael Porter’s Value Chain model (1985) and his subsequent revisions (1996, 2001) to explore how competitive advantages emerge and are sustained. Data exploration leverages an extensive archival corporate collection comprising approximately 100,000 documents, enabling a thorough examination of value chain activities through primary and secondary sources. Findings Chocolates Amatller effectively channelled its competitive advantages through strategic operational areas, including purchasing cocoa at prices below market value, using strong marketing tools such as illustrative collectible cards and posters and implementing skilful financial strategies. Originality/value Examine why, when and how a Spanish chocolatier achieved a position of prominence among Spain’s foremost industrial figures by constructing Barcelona’s iconic Casa Amatller.

Customer Relationship Management Factors and Value Chain Model

CRM is an acronym for "customer relationship management," which stands for "customer relationship management system." Gartner first used the phrase "customer relationship management" in 2005. An essential part of the CRM approach is the CRM systems, which gather information from various communication channels such as a company's website, telephone, email, live chat, marketing materials, social media, and more. This information is collected according to different marketing aspects. This aspect of the CRM strategy is very vital to its overall functioning. When it comes to doing business, one of the most difficult tasks that might arise is trying to determine a customer's precise needs. For enterprises to become familiar with the problem recognition of clients, interviewing tactics are implemented. At the beginning of the procedure, the focus is placed on the customer to devise a strategy for maintaining a lucrative and significant long-term collaboration between the two parties. This plan is established to keep the customer at the center of the procedure.

Value Chain Identification and Impact of the Music Industry on Employment in Serbia

Research Question: The aim of paper is to identify value chain of the music industry and to determine the impact of music industry on employment in Serbia. Motivation: Creative industry is a very attractive topic among both scholars and professionals. A total of 52 sectors are considered as creative industry sectors, including music industry. Our goal was to identify the impact of the music industry on the economy, in addition to the entertaining and amusement value of the music. In order to do so, our goal was to understand all the sub-sectors and activities within music industries. Idea: Although excising NACE nomenclature of activities is rigid, our goal was to identify music industry activities within NACE codes, and to define how the value creation is distributed among various activities within the music industry value chain. Data: Measuring employment is based on combining data from the official statistics entities. Tools: Research required data on the four-digit level of activity (NACE), that were cross-referenced with the findings of the primary research and defined value chain activities of the music industries. Findings: The paper analyses the complexity of the value creation and value chain in the creative industries, specifically in the music industry. Findings support excising literature review and confirms complexity of the value chain in the music industries. In addition, the paper adds value to the scientific research by presenting novel approach that is based on using the Porter value chain model in the music industry and identifying a total of 29 activities within. Further, using created value chain model, paper results demonstrate the impact of the music industry on the employment in Serbia, that has been growing over the analysed period, no matter the COVID-19 crisis. Contribution: The paper expands the existing research related to creative industries and formulates the music industry value chain activities. The significance of this paper stems from the fact that, similar to other sectors within the creative industries, music industry is insufficiently covered by the data of the national statistical authorities. In addition,the paper measures the music industry impact on the employment in Serbia.

Development of Rice Distribution Model to Support Food Security in East Java Province

This study aims to analyze problems in food distribution from upstream to downstream and the efficiency of the distribution values of the food chain, and formulate an efficient food distribution system model in Pacitan Regency. A mixed method, which combines quantitative and qualitative analyses, was used. The first objective was analyzed with the fishbone diagram, the second objective with the value chain model, and the third objective with the Matrix of Alliances and Conflicts: Tactics, Objectives, and Recommendations (MACTOR). This study used primary and secondary data obtained from observations, surveys, in-depth interviews, and focus group discussions. Respondents consisted of stakeholders in agriculture and distribution channels, namely farm laborers, landowners, wholesalers, warehousing, brokers, agents, retailers, bankers / financial institutions, and information providers. The objectives associated with product flow included transportation, risk, price, distribution, profit. The results show that there are problems in the four areas of production, post-harvest, trading system, and institution. There are three food distribution systems in Pacitan East Java but the most efficient model is farmers-millers-retailers-consumers. Although farmers must allow more time to reimbursement, prices are more affordable for consumers. The results of stakeholder analysis found that the stakeholders with the highest competitiveness are retailers, agents, information and warehousing, while those with the lowest are farm laborers and landowners. The results of the convergence show that close relationship is observed between farm laborers, collectors, warehousing and landowners in Order One 1; between warehouses, landowners, and collectors in Order Two 2; and between agents and collectors in Order Three 3. This shows that collectors have the strongest potential to play the central role in the agricultural chain.

Data as an enabler for better recycling in a circular economy

Recycling plays a crucial role in the circular economy (CE), as effective recycling ensures that materials enter a sustainable loop. Industry 4.0 (I4.0) has the capability to enhance recycling efficiency and support the development of more comprehensive infrastructure. However, existing value chain (VC) models do not form a closed material and product loop, and there is insufficient information exchange between recyclers and other stakeholders. This paper extends an existing VC model and discusses the information flow required under the background of the CE. It provides a reference model for a value network in a closed material loop, which enhances the traceability of resource use and location. By mapping out the information flow, the model facilitates enhanced communication and coordination among various stakeholders.

The application of Global Burden of Animal Diseases methodology to aquatic animal production.

The Global Burden of Animal Diseases (GBADs) programme's key objective â€" to provide a systematic approach to determine the burden of animal disease â€" is as relevant to aquatic as to terrestrial animal production systems. However, to date GBADs methods have mainly been applied to terrestrial animal production systems. The challenges in applying GBADs methods, notably the Animal Health Loss Envelope (AHLE), vary considerably by production system. The authors demonstrate how the AHLE can be calculated for rainbow trout production in England and Wales and acknowledge that its application to other systems (e.g. hatchery production, polyculture and no-feed mollusc production) is more complex. For example, in small scale tropical fish production the impact of suboptimal nutrition on production would need to be addressed. Recirculating aquaculture systems have inherent high levels of biosecurity and disease control, and thus low levels of disease. Removing the capital and running costs associated with biosecurity fundamentally changes the system and invalidates the AHLE calculation. Lack of data from many systems, notably small-scale tropical finfish farming, means that expert opinion will be needed to support the application of GBADs methods. While calculation of the AHLE is the focus of this article, it should be noted that attribution to causes and value chain modelling are needed to generate data on the wider societal impact of aquatic animal diseases (and possible interventions), which governments require to support decision-making about resource allocation.

Value chain model of the smoked fish industry in small island

Value chain model of the smoked fish industry in small island

Value Chain Management of Orchid Businesses: A Case Study of the Indonesian Orchid Association of West Java

The orchid business in West Java can not be separated from the active role of the Indonesian Orchid Association (IOA). Currently, orchid business actors in this province have faced production problems due to their inability to meet market needs, both in quantity and quality. This study aims to identify orchid value chain management in IOA of West Java. The data collection utilized purposive and snowball sampling techniques. The respondents in this study consisted of six breeders, six growers (two seedlers and four juveniles-adults growers), six traders, and two employees of the Department of Food Crops and Horticulture of West Java. The data obtained were mapped using Porter’s value chain model. The research findings disclosed that the orchid value chain began with the procurement of inputs such as planting media, seeds, fertilizer, and pesticides. The production involved the in vitro production of plantlets using seeds obtained from crossbreeding and continued with plant enlargement. Adult and flowering plants were sold directly to consumers or through agents and traders. Two forms of governance existed within the orchid value chain. Market governance occurred between breeders and growers, growers and consumers, agents and traders, and traders and consumers. Whereas modular governance took place between breeders (imports) and industry, as well as the industry and agents. In conclusion, the value chain management of the IOA of West Java was not optimal due to the unimplemented application of tissue culture technology. Consequently, orchid production remained suboptimal and low level of orchid uniformity.

The transmission of shocks to food and energy commodity prices to food inflation in the euro area*

ABSTRACT We estimate how shocks to food and energy (fuel) commodity prices pass-through to food consumer prices in the euro area, where the current episode of substantial and persistent increase in food prices is unprecedented when looking at the past decades. We extend the workhorse food value-chain model of Ferrucci et al. (2012) to account for fuel prices and asymmetries. We show that there is a persistent and significant effect of shocks to food and energy commodity prices on food inflation that reaches a maximum at around 12 months after the shock. We also show that both types of shocks impact food consumer prices in an asymmetric way, with increases in prices having a significant, positive effect, while price decreases have a milder effect in the case of food commodities and a statistically non-significant effect in the case of energy commodities.

Bioeconomic innovations breeding more sustainable innovations: A value chain perspective from Argentina

AbstractInnovations are crucial for the transition to a sustainable bioeconomy. They are embedded in and linked to complex value chains, but these interrelationships have not received much attention in the empirical literature yet. Using current typologies of four bioeconomic innovation types and six value chain models, this case study analyzes detailed data from 11 companies in Argentina to identify the drivers of sustainable innovations, their linkage to different value chain characteristics, and the main innovation types. The results show that certain factors such as supply and demand, interindustry cooperation and R&D, diversification strategies, personal values and the search for sustainable solutions particularly shape certain types of innovation. The structure and governance of the value chains influence the type of sustainable innovation. Innovations take place at different levels, and in succession, they complement each other and can thus make the bioeconomy more sustainable. Therefore, appropriate policies to promote the bioeconomy in Argentina and beyond should consider the type of value chains and specific innovation systems involved.

Improving IT Assets Management with ITIL 4 Framework

IT Asset Management (ITAM) is crucial for organizations as it enables efficient utilization of IT resources, cost reduction, and risk mitigation. Horangi, a startup company, recognizes the importance of asset optimization and aims to enhance its ITAM service. To achieve this, researcher conducts research to identify a suitable framework as a solid foundation. ITIL 4, a widely adopted IT service management framework, is chosen, along with the Continual Service Improvement and Service Value Chain models. These models provide guidelines and recommendations to identify weaknesses and improve current processes while enabling continuous improvement in response to the dynamic IT landscape. The research employs a qualitative approach, utilizing in-depth interviews, document research, and the ITIL 4 guidebook. The study aims to provide recommendations and a foundation for developing guidelines and workflows in ITAM within the company. However, a limitation of this research is not much research related to ITIL 4 in ITAM area and cannot proceed until the implementation of recommendations due to funding constraints and approval processes. To overcome this limitation, it is suggested that future research includes the implementation process to obtain more optimal evaluation results.

An Assessment of How Polokwane Local Municipality Executes their Mandate in Water Supply to Matlou and Letsokoane Residents

The main aim of this study is to assess water supply in general and specifically to “assess on how the Polokwane municipality executes their mandate in terms of water supply to Matlou and Letsokoane Residents. This was done on a case study about Matlou and Letsokoane inhabitants were chosen as a setting for the study. A mixed method approach was used for the study combining structured questionnaires and open-ended interviews. The findings of the study have showed that there is poor water supply to two affected rural communities by the Polokwane local municipality . Amongst contributing factors the increase in population growth in that area is a major problem as well as residents tampering with infrastructure , theft and no interventions by political representatives when there is no water. This has resulted in inadequate provision of clean water resources . Water supply Value chain model has been proposed emanating from the findings of the research study to be implemented by the Polokwane local municipality to curb the problem of water supply to the rural communities. Lessons that can be learned from this study include the following: consultation with the communities through ward councilors which include educational aspect such as preservation of water as a source of human life, providing a compelling case for concertizing the community with an attempt to reduce illegal activities as cited in the study regarding the steeling of water taps.

The Impact of Digital Advancements and Their Influence on Marketing, Value Chains, and Business Models

Although good mastery of digital innovations can be highly advantageous in today's environment, as business models and industries are changing rapidly due to digital innovations, there are significant gaps in the literature on digital innovations. By defining terms and examining the particulars of this new field of study, we add to the body of literature. The impact of digital innovation on marketing, value chain, and business models is then covered, with particular attention paid to conflicts and marketing difficulties, value chain dynamics, and business model evolutions. We offer recommendations for more research in our conclusion.

The Road to Branding in the Digital Age: The Power and Challenges of New Media Influencers

This study aims to provide insights into the impact of new media influencers on brand management in the digital age. With the rise of social media, the role of influencers in guiding consumer decision-making has become increasingly prominent. This paper systematically analyzes the role of new media influencers in arousing consumers' "awareness", "interest", "desire" and "action" and their contribution to the whole brand management process, combining the brand value chain model and the co-branding normalization strategies. By comprehensively analyzing indicators such as the number of observers, the degree of interaction and the quality of content, this study successfully quantified the degree of influence of new media influencers at different stages. It was found that when choosing partners, brands should focus on their fit with the brand's core values, as well as on whether the influencer's audience segment matches the target market. Meanwhile, recommendations are made for choosing authentic and trustworthy influencers and establishing transparent partnerships in order to cope with market saturation and trust crises. In the Future Challenges and Solutions Outlook, in the face of changes in social media algorithms, the paper suggests that brands adopt a multi-channel strategy while emphasizing the importance of establishing clear KPIs and a collaborative framework. Finally, an in-depth analysis of the opportunities and challenges of the co-branding normalization strategies is presented, highlighting the importance of trust building, collaboration costs, consistency and public relations risks. This research provides practical data support and strategic recommendations for brand managers to better address brand management challenges in the digital age.

Critical perspectives on GVC theory: uncovering GVC resilience through non-lead power

Critical perspectives on GVC theory: uncovering GVC resilience through non-lead power

Startups' empowerment of employees: An analysis using VOSviewer

The purpose of this study is to evaluate and consolidate existing research on the factors that affect the performance of employees in startup companies. Specifically, it focuses on factors such as empowerment, motivation, dedication, leadership styles, and self-determination. This study aims to understand how these factors influence employee performance in the context of startup organizations. The theoretical framework of this study is based on the HR value chain model. The HR value chain model demonstrates how HR practices can benefit organizations by showing the various HR processes that support a company's goals. Additionally, the study incorporates psychological factors related to employee performance, such as autonomy, competence, and relatedness. The methodology section mentions that the research primarily covers management-related articles from 2010 to 2022. The research involved reviewing primary studies by searching computerized databases and selected journal articles from specific websites. VOSviewer 1.6.18 was used to analyze eligible articles, and bibliometric networks were generated to connect keywords to relevant articles. The study's findings indicate that empowerment, motivation, commitment, and other traits are linked to the success of new startup businesses. Effective leadership tactics play a crucial role in creating a healthier, happier work environment with dedicated employees. It appears that the study identified 20 papers, including 17 research articles, that establish connections between empowerment and startup performance. The use of VOSviewer's overlay bibliometric networks helped visualize these connections.

When digitalization meets HRM: developing a HRM value chain model in China

Purpose The purpose of this study is to explore the mechanism of digitalized transformation in organizations’ human resource management (HRM). This study summarizes three basic factors driving the digital transformation process in China: level of perception, level of application and speed of transformation. Design/methodology/approach This study analyzes the strategic transformation process of HRM in Haier, Hisense and Chambroad to explore the human resource digital transformation mechanism in Chinese enterprises. Findings The results of this study show that three HR value chain models can be constructed based on how well HRM deals with business: the efficiency-oriented HRM value chain, quasi-business-oriented HRM value chain and business-oriented HRM value chain. The basic factors – level of perception, level of application and speed of transformation – are observed in the entire HRM digital transformation process. Originality/value This study provides theoretical and empirical insights for enterprises to explore the value of digital technology in HRM and facilitate the digital transformation of HRM.

Research on the Influence and Spatial Effect of Carbon Trading Market on Green Innovation Efficiency of Industrial Enterprises

Based on the panel data of 30 provinces and cities in China from 2005 to 2020, a two-stage value chain model of green innovation of Chinese industrial enterprises is constructed and the green innovation efficiency of industrial enterprises is measured, in which coastal cities such as Guangdong, Beijing, and Shanghai have the highest innovation efficiency, and inland cities such as Ningxia, Inner Mongolia, and Gansu have the lowest efficiency. On this basis, a spatial double difference model is applied to reveal the effect of carbon trading market policies on urban green innovation efficiency and its spatio-temporal heterogeneity. The results show that the carbon trading market policy significantly affects the green innovation efficiency of industrial enterprises, and at the same time, the level of economic development, the level of foreign investment, and the industrial structure of each province and city also have a positive effect on the green innovation efficiency. There is also a spatial spillover effect of the carbon trading market policy, which not only has a significant incentive effect on the green innovation efficiency of the pilot cities, but also has a positive promotion effect on the green innovation efficiency of the neighboring cities. At the same time, the support of provincial and municipal governments significantly affects the spillover effect of carbon market policies.

A proposed Bay-Salam with Takaful and value chain model for financing agriculture in Kano State, Nigeria

PurposeThe purpose of this paper is to propose a model that will demonstrate how the integration of Salam (exclusive agricultural commodity trade) with Takaful (micro-Takaful – a subdivision of Islamic insurance) and value chain can address major challenges facing the agricultural sector in Kano State, Nigeria.Design/methodology/approachThe study conducted a thorough and critical analysis of relevant literature and existing models of financing agriculture in Nigeria to come up with the proposed model.FindingsThe findings indicate that measures undertaken to address the major challenges fail. In view of this, this study proposed Bay-Salam with Takaful and value chain model to solve a number of challenges such as poor access to financing, poor marketing and pricing, delay, collateral requirement and risk issues in order to avail farmers with easy access to finance and provide effective security to financial institutions.Research limitations/implicationsThe paper is limited to using secondary data. Therefore, empirical investigation can be carried out to strengthen the validation of the model.Practical implicationsThe study outcome seeks to improve the productivity of the farmers through enhancing their access to finance. This will increase their level of production and provide more employment opportunities. In addition, it will boost financial inclusion, income generation, poverty alleviation, standard of living, food security and overall economic growth and development.Originality/valueThe novelty of this study lies in the integration of classical Bay-Salam with Takaful and value chain and create a unique model structure which the researchers do not come across in any research that presented it in Nigeria.