Value Chain Model Research Articles

Leveraging on technology and sustainability to innovate the supply chain: a proposal of agri-food value chain model

PurposeNowadays, the agri-food industry is called to face several sustainability challenges that require the development of new sustainable models. The adoption of new technological assets from Industry 4.0 supports the companies during the implementation of sustainability practices. Several models design the operation management of the food supply chains (FSCs). Because none extant models resulted complete in technological and sustainability elements, this paper aims to propose an innovative and sustainable agri-food value chain model, contributing to extend understating of how supply chains can become more sustainable through the Industry 4.0 technologies.Design/methodology/approachThanks to a well-structured and replicable systematic literature review and sequent content analysis, this work recognized and compared the extant FSC models, focusing on the interaction of five key elements: activities, flows, stakeholders, technologies and sustainability. The output of the comparison leading in the definition of the proposed model is discussed in a focus group of 10 experts and tested in a case study.FindingsFifteen extant models were recognized in literature and analysed to discover their features and to putt in light peculiarities and differences among them. This analysis provided useful insights to design and propose a new innovative and sustainable agri-food value chain model; an example for the olive oil business case is provided.Originality/valueThe adding value of the work is the proposed model which regards innovative elements such as recirculation flows, external stakeholders and Industry 4.0 technologies usage which allows enhancing the agri-FSCs operational efficiency and sustainability.

Research on Digital Transformation of Supply Chain Finance

The important engine of enterprise quality development is the supply chain and digital transformation. The State Council proposes to "deepen the integration of value chains, the Internet and supply chains, so as to innovate and develop new value chain concepts, technologies and models." Chinese enterprises are aware of the importance of digital value chain transformation, and hope that transformation can better meet the requirements of industrial development and ensure market competitiveness. However, many companies do not understand and are afraid of distribution. To this end, this article will introduce the necessity and path of supply chain digital transformation.

Analysis of Value Chain Model of Sheep-Fattening Business in Langkat District

Aims: To increase the beef cattle business by minimizing business production costs.
 Study Design: This research begins with preliminary studies such as conducting literature studies, problem identification, needs analysis, and system identification. Then conduct field observations and expert interviews. Best practice value chain analysis consists of several steps, which are both descriptive and analytical. Value chain analysis describes the overall market in which a particular value chain operates.
 Place and Duration of Study: The research was conducted from November 2022-January 2023 in Sei Bingai District, Langkat Regency.
 Methodology: The method used in this study is value chain analysis through mapping Hayami's value chain and added value.
 Results: The value chain model for fattening sheep in the research area can be applied to improve performance through efficiency, integration of actors, and distribution channels to deliver to consumers. Based on data processing and analysis results, it is known that the problem of sheep value chain management is a constraint on resource input in the form of a shortage of sheep supply, so Langkat Regency still depends on supplies from other regions.
 Conclusion: Mapping a value chain model based on actual business processes requires designing a supply chain solution to address critical aspects that hinder the smooth management of the sheep value chain.

Who benefits more from trade shows: Independent, franchised or chain-owned/managed hotels?

Large-scale events are opportunities for hotels to generate revenue. The literature has attested positive effects of events on hotel performance. However, while large-demand events are associated with room rate increases, hotel operation types may play a critical role in this “event-hotel performance” relationship. Drawing on the resource-based view theory, the chain value model and the theory of strategic groups, we hypothesize that independent and franchised hotels outperform chain-owned/managed hotels when events are held. The empirical application on over 950,000 observations between 2014 and 2019 shows that while chain-owned/managed hotels generally outperform independent and franchised hotels, this situation reverses in the presence of events. This result extends the resource-based view theory and the value chain model by including the short/long-term and corporate/property paradigm in the hotel industry.

Evaluating the Effectiveness of the Official and the Non-Official Social Media Brand Communication Methods on Egyptian Women’s Consumer-Based Brand Equity

Companies communicate their brands with customers through social media, either officially through their official pages or non-officially through social media users’ Electronic Word of Mouth or brand-related content created by Social Media Influencers. This study evaluates the effectiveness of these three brand communication methods on consumer-based brand equity (CBBE), including brand awareness, brand image, brand attitude and purchase intention. The study further clarifies the most influential consumer and firm-related factors on Egyptian women’s behavioural intentions. It identifies the motives for following the official and non-official brand communication methods, interaction with brand posts and characteristics of the most followed social media influencers. A total of 400 Egyptian women answered an online/offline survey. Moreover, four focus group discussions were conducted. Based on the modified brand value chain model, the findings indicate that users’ eWOM is the most followed and influential brand communication method in Egyptian women’s purchase intention. Most Egyptian women are silent followers and prefer to follow younger influencers interested in fashion, sports, travelling and visiting new places. Egyptian women’s age, working status, past brand experience, real need to purchase, visuals of brand posts and peer pressure are the most influential firm-related and consumer-related variables on purchase intention.

The System Architecture of Intelligent Student Relationship Management Based on Cognitive Technology with Conversational Agent for Enhancing Student’s Loyalty in Higher Education

This paper presents the conceptual framework, value chain model and the system architecture of intelligent student relationship management based on cognitive technology with conversational agent for enhancing student’s loyalty in higher education. The purposes were to synthesize the conceptual framework and apply it to develop the value chain model and the system architecture of intelligent student relationship management based on cognitive technology with conversational agent for enhancing student’s loyalty in higher education and assess the developed value chain model and system architecture. The questionnaire was employed as the instrument to assess and certify the value chain model and the system architecture by the experts. The 5 point-Likert scale was used to identify the level of agreement of the value chain model and system architecture certification assessment. The instrument was verified by five experts using content validity index (CVI). After that, the value chain model and the system architecture were verified based on the consensus assessments of seventeen experts using mean, standard deviation (S.D.), median, interquartile range and quartile deviation. The results revealed that the experts had a consensus on the value chain model developed based on the conceptual framework (Mean = 4.89, S.D. = 0.27, Median = 5, Interquartile Range: I.R. = 0.00, Quartile Deviation: Q.D. = 0.00). They also had a consensus to approve the system architecture developed based on the value chain model (Mean = 4.70, S.D. = 0.55, Median = 5, Interquartile Range: I.R. = 1.00, Quartile Deviation: Q.D. = 0.50).

Factors influencing farmer intentions to scale up organic rice farming: preliminary findings from the context of agricultural production in Central Vietnam

The Vietnamese government encourages organic farming (OF) as a move toward safer and more eco-friendly agricultural practices. To achieve the goal of popularizing OF, besides encouraging the participation of newcomers, the government should also focus on farmers already involved because their production decisions are the most effective means for communication. By blending quantitative and qualitative approaches, this study investigated smallholder farmer intentions to scale up organic rice farming (ORF). Data were obtained through direct interviews with 325 farmers in the Phu Vang, Phong Dien and Huong Thuy Districts of Thua Thien Hue Province, Central Vietnam. The results revealed the ineffectiveness in demographic characteristics, including gender, age, education, number of laborers, OF experience, percentage of organic rice area, non-farm jobs and involvement in community-based organizations to predict farmer intentions to expand ORF. The findings highlighted the more significant influence of factors related to economic outcomes, farmer awareness of OF, and their confidence in the market outlook. We recommend policies and interventions associated with promoting the advantages of organic agriculture, intensifying technical training, linking production with the market following the value chain model, equipping the market with information, diversifying support and timely undertaking of issued policies.

Impact of Industry 4.0 on Companies: Value Chain Model Analysis

Although the concept of Industry 4.0 is newer, more and more companies are responding to this concept and incorporating it into their business models. Industry 4.0 arose as a result of the development of new technologies based on automation, through which technologies can communicate with each other. The aim of this study is to analyze the impact of Industry 4.0 on companies from the point of view of the value chain model. The study points out why the model is a suitable tool for evaluating changes. The research consisted of 1164 respondents, while the sample consisted of 591 Czech companies and 573 Slovak companies. We found that 62% of companies carry out activities in the field of robotization and automation to a large extent, and 32% carry out these activities little or not at all. Regarding the impact of Industry 4.0 on individual activities in the value chain, we found that companies expect the greatest impact on technological development (secondary activity) and customer service (primary activity). On the contrary, they least expect the impact of Industry 4.0 in the primary activities of input logistics and operation. From this point of view, we can say that companies perceive the impact of Industry 4.0 on the activities taking place in their value chains. However, it is important to capture these changes, react appropriately to them and remain competitive.

Perencanaan Strategi SI/TI Untuk SMP Menggunakan Enterprise Architecture Planning

In the future development of data processing will be increased in line with the development of increasingly complex enterprise. Many Enterprise failure due to lack of careful planning that includes all elements of the organization. Enterprise will require data and information that accurate, timely and relevant for all parts that fit the needs of the business as well as the sharing of data between organizational units. To accommodate these needs can be done by increasing the utilization and strategy support SI/IT in the planning, implementation and control requires alignment with business strategy. Information system development aims to achieve the vision and mission of information system Junior high school in order to provide quality of data/information for the sake of business. The first step of achieving the vision and mission of this information system is to plan the information system to identify information needs and possible innovations in the use of technology to improve enterprise performance. Planning can use Enterprise Architecture Planning (EAP) methodology which result blueprint of the architecture data, application architecture, technology architecture and implementation plan for the enterprise In this research, a study case for planning of integrated information system development using EAP with applying value chain model and analisys approaches and tools is performed on Junior high school. The result in these cases study is the enterprise model, information resource catalog documentation, data architecture, application architecture, technology architecture and implementation plans

Farm to Fork: Indigenous Chicken Value Chain Modelling Using System Dynamics Approach

Farm to fork strategy, advocated by the European Commission, aims for a ‘fair, healthy, and environmentally healthy food system. It requires a renewed mindset and an in-depth analysis of the intricate agricultural-based value- chain that forms the food system. Indigenous chicken micro-farming, the focus of this study, for example, is a highly potential candidate for the Farm to Fork strategy but requires a deep analysis of its disintegrated value chain to achieve the strategy. Indigenous chicken farming provides opportunities for the poor and marginal people for a steady income while at the same time being more environmentally friendly and a source of healthy food. These have motivated this study to analyse the indigenous chicken micro-farming value chain in Malaysia, with the objectives to evaluate the present status of the indigenous chicken farm value chain and develop an initial integrated model for indigenous chicken farms. This study uses qualitative system dynamics in data collection and analysis and model development to achieve the objectives. The proposed model is simulated to understand the dynamics of interaction and behaviour among the sub-systems. The findings lead to two outcomes of the study- the first is the dynamics model of the typical indigenous chicken value chain, and the second is the potential integrated value chain model for indigenous chicken farming. These findings are imperative for future research to enhance further the integrated model to be able to realise the farm-to-fork strategy and to contribute to the sustainable development goals.

Research on the Integration of Culture and Tourism in the Miao Region Based on the Value Chain Model

Research on the Integration of Culture and Tourism in the Miao Region Based on the Value Chain Model

Evaluation of Circularity in Chilean Companies: An Approach from the Circular Value Chain Model

The objective of this research is to evaluate circularity in Chile, through the circular value chain (CVC) model. This is relevant because the results can lead to more efficient practices within companies, thus contributing to the development of sustainability at a global level. Surprisingly, there are few instruments for evaluating circularity applied to developing economies in Latin America.

The Requirements Enhancement Based on a Problem Domain Model

The paper deals with the problem of the requirements enhancement related to a particular problem domain. New requirements related with problem domain (user, customer study program) are elicited and compared with the old requirements which are documented before. The modified Value Chain Model (VCM-based) framework for the refinement of new requirements, assessment and enhancement of old system requirements is developed and discussed. Enterprise management information interaction is specified as an Elementary Management Cycle (EMC), linking enterprise management function and process by a feedback loop. A modified Value Chain and Elementary Management Cycle model was created to describe management knowledge updating process. Proposed hierarchical modified Value Chain Model and Elementary Management Cycle model allows to structure domain knowledge identification and updating processes.

ФОРМИРОВАНИЕ КОНЦЕПЦИИ ИЗМЕРЕНИЯ ЭФФЕКТИВНОСТИ В ТУРИЗМЕ ПУТЕМ ЦЕПОЧКИ СОЗДАНИЯ СТОИМОСТИ ТУРИСТСКОГО ПРОДУКТА

Goal. The purpose of this study is to determine the applicability of the concept of value chain in the tourism industry to manage and measure the processes of product value formation. Despite the fact that the tourism industry is represented by various participants, the demand for tourism is met by the joint efforts of these participants. However, at the moment, there is no model in the literature on tourism management that could help travel companies evaluate and control the overall value chain of a tourism product. This article attempts to fill this gap and show the applicability of the concept of value chain in the tourism industry. Tasks. In this study, the authors tried to develop a model of the value chain in the tourism sector, which includes four stages: product ordering, pre-use support, application (use) and post-use support. This model allows you to systematize the processes of value creation in the tourism industry and ensure the best organization of the work of travel companies. In addition, based on the developed value chain model, a model for measuring the effectiveness of this chain in the tourism industry is proposed. This measurement model allows you to evaluate the effectiveness of each stage of the value chain and the overall efficiency of the entire process. This approach allows travel companies to more accurately monitor and manage their activities, optimize processes and improve the quality of services provided. Thus, the developed models of the value chain and the measurement of its effectiveness represent important tools for improving management and control in the tourism industry. They allow travel companies to interact more consciously and effectively with other participants in the value chain and achieve more successful results. Methodology. The authors used such research methods as statistical analysis, observation, generalization, description and graphical modeling. Results. This study confirms the possibility of considering the tourism industry as a value chain and the need to develop an efficiency management and measurement system focused on this tourism value chain of the product. Such a system would allow industry participants to interact and coordinate their processes and activities in a more mature way. Conclusions. The practical implications of this study are that travel companies can use the proposed model as a guide to evaluate their effectiveness, taking into account customer requirements and internal aspects related to the value chain. A comparison of existing approaches to measuring efficiency with the proposed model of the value chain in tourism reveals gaps that may be the subject of further research. These gaps include the need to consider the tourism industry as a continuous value chain, to understand and measure the performance of order processing and support processes before using a product, and to manage the application (use) process as a whole, rather than individual unrelated services. The model is intended for use by practitioners in the development and implementation of a system that evaluates the effectiveness of the entire tourism chain using both internal and customer-related indicators. The originality and value of this study lies in emphasizing the need to evaluate the entire value chain in the tourism industry, taking into account customer requirements and internal aspects, as well as in offering a unique model to achieve this goal.

AN INVESTIGATION ON THE EFFECT OF AD EXPENSES ON BRAND VALUE IN THE BANKING SECTOR THROUGH PANEL DATA ANALYSIS

This paper aims to investigate the effect of ad expenses on brand value in the banking sector. The study was conducted based on the marketing investment approach, one of Keller and Lehmann's (2003) brand value chain model stages. In the study, banks that published their financial reports on the Public Disclosure Platform (PDP) between 2012-2021 and were in the top 100 in the Brand Finance Turkey-100 brand value ranking report in the same period were included. In this direction, data on the firms’ ad expenses were obtained from the PDP, and brand values were collected from Brand Finance Turkey-100 reports. Panel Data Analysis was used to reveal the effect between ad expenses and brand value. Findings showed that ad expenses have a significant and strong positive effect on brand value.

Dream the Same Dream: Design of Sustainable Value Chain Model in Education Industry Based on HMEAYC

The education industry is facing increasing pressure to enhance value for its stakeholders, including students, parents, educators, and society. To create more value, the traditional value chain needs to be restructured to be a new value chain that incorporates new activities and technologies. Based on Michael Porter's original theory of the value chain model, a sustainable value chain model for education businesses is proposed in this study based on the Holistic Music Educational Approach for Young Children (HMEAYC) to overcome the boundaries of traditional education organizations and add the value of education businesses in every sector of the education industry for stakeholders of education from academic scholars to children. The developed technology including artificial intelligence contributes considerably to the sustainable value chain, transforming the education industry and enabling personalized, high-quality education services.

Space Economy, Innovation and Sustainability

Space Economy (SE) is increasingly becoming relevant for business and management with impacts on many industrial segments (i.e. agriculture, transport, assurance and the environment) but also on sustainable practices (i.e. Agenda 2030). Despite the importance of SE for new business models and value creation processes in the ecosystem, theoretical approaches for the downstream space economy implementation are still quite limited in literature. Accordingly, this paper reports the results of an in-depth analysis of the main factors (i.e. Open innovation drivers and Digital Platform business model) that affect effective implementation of space value chain models

Macadamia Nuts (Macadamia integrifolia) Value Chain and Technical Efficiency among the Small-scale Farmers in Zimbabwe

Agriculture value chains are an indispensable tool for stakeholder collaboration, improving market access, foreign currency generation and increase in macadamia nut production in most developing countries. In Zimbabwe macadamia nut is a relatively new crop that has the potential to alleviate poverty and enhance livelihoods. Zimbabwe’s macadamia nut industry is still in its infancy and remains an under-researched area. Despite this, the technical efficiency of macadamia nuts production systems as proxied by production levels among small-scale farmers in the country is least understood. This study analyses the existing value chains by scrutinizing every step required in the production and marketing of macadamia nuts focusing on the technical efficiency of value chain nodes. The macadamia nut value chain in Zimbabwe is predominantly an emergency value chain system that does not embrace the modular value chain model and associated networks to enhance technical efficiency and overall welfare. The value chain system is characterised by imperfect market conditions with limited knowledge of exact specifications, attributes and prices of macadamia nuts. The existing value chain models for macadamia nut need to be re-aligned to accommodate all stakeholders, hence widening resource and knowledge-sharing platforms. There is a need for the Zimbabwe macadamia nut value chain to shift towards captive networks which embrace and scale out practices such as out-grower contractual arrangements. There is potential to design macadamia nut value chain models in Zimbabwe to increase the technical efficiency of the industry.

VALUE CHAIN MODEL IN ZAKAT MANAGEMENT AT MAKASSAR CITY NATIONAL AMIL ZAKAT AGENCY

This research aims to determine the application of value chain model in zakat management at the Makassar City National Amil Zakat Agency. Population in this research is financial statements BAZNAS Makassar City in 2016 to 2018. Sample this research is data zakat conducted by BAZNAS Makassar City in 2016-2018. Data collection in research is by documentation, observation and interviews. The analysis technique used is descriptive method of value chain model analysis. The results showed that value chain model application can describe the activities carried out and increase the BAZNAS Makassar City value added. Primary activities consisting of zakat receipts, management functions application, zakat distribution, distribution and services. Furthermore secondary activities consist of administration, technology development, human resources management, and institutional facilities.

Re-shaping sustainable value chain model under post pandemic disruptions: A fast fashion supply chain analysis

Reshaping a sustainable value chain model is proposed to address supply chain disruptions for the fast fashion industry. Prior studies introduced a sustainable value chain but did not involve social media and qualitative information in supply chain analysis under pandemic disruptions. This study provides an opportunity for the fast fashion industry to reassess and reshape its sustainable activities within the value chain during pandemic disruptions. This study proposes a hybrid method employing exploratory factor analysis, social media information conversion, and a fuzzy synthetic method - decision-making trial and evaluation laboratory - to assess the sustainable value chain. This study contributes in the following ways: (1) the theoretical basis of the sustainable value chain is reinforced under pandemic disruptions; (2) a hybrid method is proposed to develop an interdependent hierarchical model; and (3) a precise guideline for improvement is provided under pandemic disruptions. The analytical results reveal that the structured aspects have significant interdependent relations; therefore, digital technology that supports sustainability plays a critical role in reshaping the sustainable value chain model. In practice, adopting an eco-clothing design, using digital techniques for improving production efficiency and providing the related information to customers transparently are the leading measures using digital techniques for generating sustainable values.