Value Chain Strategy Research Articles

Strategy Studies Tiered Value Chain By Samsung In The Era of Global Competition

In the era of globalization, the smartphone industry has become one of the most competitive and dynamic sectors in the world. This paper aims to examine the tiered value chain as a strategy undertaken by Samsung with its suppliers in global market competition. This research uses descriptive qualitative research methods through literature studies from various sources relevant to the case study discussed. The result of this research is that Samsung chose to produce its own smartphones due to several factors. First, Samsung smartphone products have complex specifications, making it difficult for suppliers to produce them independently. Second, Samsung's smartphone products are difficult to codify, which means they are difficult to document and communicate clearly to suppliers. Third, the capability or ability of suppliers to produce smartphones that comply with Samsung's standards is considered low. Thus, the hierarchy value chain strategy implemented by Samsung in its smartphone production value chain aims to maintain control over the production process and maintain the quality of the products produced, so that it can compete effectively in the global market

Strengthening Understanding of Customer Services and Practical Instructions for Hospital Financial Management

Increasing competition in the health industry at the national level makes the hospital management always tidy up in improving the quality of service to patients and improving the quality of medical infrastructure facilities according to the standard HNAC (Hospital National Accreditation Committee). Armed with the success of the value chain strategy concept training agenda at Elizabeth Semarang Hospital on May 16, 2018, I submitted the same training proposal to the Miriam Pratama Clinic, Kudus. The underlying factor is the urgency of the MIRIAM Pratama Clinic to raise the level of its business to become an C accredited hospital so that it can continue to survive and from the results of their communication with one of my relatives in Kudus who has heard me conduct training on the topic of value chain strategy at Elizabeth Hospital Semarang. So then I made a communication with the MIRIAM Pratama Clinic to get approval for the implementation of the training activities on March 18, 2019. Seeing the urgency of increasing the status of this business level, then I added aspects of financial management with the basis of considerations to raise the level of business and build a system of value chain strategies from Swayne, et.al. (2006) a large cash flow is needed. And this will be fulfilled with the right budgeting model. Finally, the activity was successfully carried out on March 18, 2019 with a very good response from participants who asked about how to regulate social and business motives in managing clinical businesses in the midst of a lack of cash flow and a budgeting model that does not have to be a month to month approach from Berger (2008). So the short answer is to raise the level of business, business motives should be a priority because improving the quality of services will require large costs and to fulfill them is not necessary with a month to month budgeting approach from Berger (2008) but can be from budget flexibility according to the clinical work calendar. In the mentoring activities on April 18, 2019 there were more positive results from the training activities on March 18, 2019 namely the more enthusiastic doctors, nurses and non-nursing staff working and more positive testimonials from key patients, mothers giving birth and their families. This has had a positive impact on status of the clinic as a C accreditation.

Sustainable Fishery Value Chain (SFVC): Study Case in Tilapia Industry

This research is built on the concept of sustainable value chains, where a framework for sustainable value chain analysis emerges that covers not only economic aspects but also includes environmental and social impacts in a collaborative model of value chain management. It explores the dimensions on which value chain sustainability should focus. It illustrates how and why it is necessary to take a broader perspective in ensuring the internal economic sustainability of the chain in line with its external socio-environmental consequences. This research aims to analyze the sustainability of the tilapia processing value chain. This research uses the Multi-Dimensional Scaling analysis method supported by Rap-fish software. The Rapfish methodology is a flexible technique that rapidly assesses fisheries status by integrating ecological and human factors according to identified norms. The results of this research show that the sustainability of the tilapia processing value chain is considered entirely sustainable from economic, social, and environmental aspects, with a sufficient sustainability index of 74.40%. The sustainability of the value chain relies on four key actors: tilapia cultivators, collectors, processors, and distributors. The sustainable tilapia processing value chain strategy in North Sumatra can limit floating net cages by considering the environmental carrying capacity and supported by suitable policies and active stakeholder participation in community-based legal institutions. This research found this is a strong sustainability concept if implemented with better governance and policy management in the tilapia industry value chain.

Running Head: Factors Affecting Market Access for Horticultural Farmers

Access to markets is crucial in enhancing agricultural sales and improving small-scale farmers’ revenue. This study was carried out to determine and analyze the factors that affect small-scale horticultural farmers’ access to domestic markets. The study engaged various producers from the North Central, Kavango, and Zambezi production zones as well as the formal and informal traders from the Central, Karst, North Central, Kavango, and Zambezi trading zones. Moreover, a survey approach was used, where a sample of 30 key and active small-scale producers, 17 formal traders, and 25 informal traders were selected. The data was analysed using Microsoft Excel, and SPSS. Results indicate that about 3 factors that were run in the logic model, age, distance to market and access to information significantly affect the producer’s access to markets. Furthermore, the study found that other factors such as transport cost, compromised quality, inconsistent supply, and lack of cold storage and transport facilities, limit small-scale producers’ participation in the formal markets. Therefore, this study recommends that fruit value chain development should be included in the Crop Value Chain Strategy, to have targeted interventions that will stimulate market access by small-scale horticulture producers in Namibia.

Factors of Value Chain Affect Bank Efficiency

This paper aims to determine and estimate the factors in the value chain that affect the efficiency of state-owned commercial banks in Vietnam. The study employs a combination of qualitative techniques, such as conducting interviews with top executives, financial managers, chief accountants, and employee surveys, along with quantitative methods like ordinary least squares analysis. The outcomes reveal four critical segments within the value chain – the retail department, operation department, back office, and call center – all of which significantly influence the efficiency of the banks. Additionally, drawing upon value chain theory and Porter's model (1985), the author underscores the significance of implementing a robust value chain strategy. This strategic approach has the potential to substantially enhance the competitive advantages of state-owned commercial banks in Vietnam. Doi: 10.28991/ESJ-2023-07-06-010 Full Text: PDF

Strategi rantai nilai untuk keberlangsungan usaha industri rumah cokelat di Kota Palu

The purpose of this study was to determine the strategic value chain for the sustainability of the Chocolate House Industry business in the city of Palu, which is located on Jalan Setia Budi, East Palu, Central Sulawesi. The number of respondents was 4 people consisting of 1 leader, 1 head of production and 2 employees. Data analysis technique uses descriptive qualitative.The value chain strategy at Rumah Coklat can be seen from the supporting (secondary) activities which include Infrastructure, HR Management, Technology Development and Procurement activities. Primary (primary) involvement includes raw material handling, production process, service and marketing. The Value Chain Strategy activities as a whole support each other to create chocolate products. The results of the assessment of the value chain strategy in the continuity of the Chocolate House Industry business are 3, namely: (1) Competitive advantage, namely by utilizing the original taste of the original cocoa beans, Utilizing the original cocoa butter as a raw material for making chocolate to give a distinctive taste from chocolate so that it is preferred the community, continue to maintain and improve product quality so that it becomes a superior product for the Palu city government. (2) Differentiation Strategy, namely by paying attention to the quality of the ingredients used and always maintaining the taste produced, (3) Cost advantage strategy, namely producing authentic chocolate from Central Sulawesi which is processed into chocolate with levels of 56 percent, 80 percent and 90 percent. Thus producing premium chocolate, not compound chocolate. The value chaos strategy all synergizes to shape, support and support the chocolate manufacturing process in order to gain margins/profits. Optimal margin provides the sustainability of the chocolate house industry in maintaining existence and maintaining business (Going Concern).

A blockchain-based framework for trusted quality data sharing towards zero-defect manufacturing

There is a current wave of a new generation of digital solutions based on intelligent systems, hybrid digital twins and AI-driven optimization tools to assure quality in smart factories. Such digital solutions heavily depend on quality-related information within the supply chain business ecosystem to drive zero-waste value chains. To empower zero-waste value chain strategies with meaningful, reliable, and trustful data, there must be a solution for end-to-end industrial data traceability, trust, and security across multiple process chains or even inter-organizational supply chains. In this paper, we first present Product, Process, and Data quality services to drive zero-waste value chain strategies. Following this, we present the Trusted Framework (TF), which is a key enabler for the secure and effective sharing of quality-related information within the supply chain business ecosystem, and thus for quality optimization actions towards zero-defect manufacturing. The TF specification includes the data model and format of the Process/Product/Data (PPD) Quality Hallmark, the OpenAPI exposed to factory system and a comprehensive Identity Management layer, for secure horizontal- and vertical quality data integration. The PPD hallmark and the TF already address some of the industrial needs to have a trusted approach to share quality data between the different stakeholders of the production chain to empower zero-waste value chain strategies.

Digital value chain strategies and its impact on organizational productivity: The mediating role of government digital initiatives to achieve 5 trillion US$ economy by 2025. A case study of select automobile firms in delhi NCR region

The unprecedented COVID-19 pandemic has severely affected the Automobile sector in the Delhi NCR region with Supply chain disruptive innovations and periodic travel restrictions imposed by the government. The present study investigates the influence of the digital value chain on organisational productivity. The study analyses the data collected from Logistics and Supply chain managers working in allied areas of value chain operations in the automobile sector. The target respondents selected for the study are 200, and purposeful sampling is used to identify the target respondents with expertise in the areas of supply chain and marketing. Partial least squares regression is used to analyse the collected data and establish relationships among the variables and explanatory variables. The study contributes to the understanding of value chain strategies and their significance in enhancing organisational productivity in the automobile sector.

Gender-aware inclusive value chain: A theoretical perspective

Achieving SDG5 requires an analytical and practical framework enabling a win–win participation of women with poor resources in gender-blind societies. Women with poor resources are mostly excluded from formal economic systems and face gender inequalities. In agricultural and food value chains, women are not equally included as men in highly attractive value chains, so they end up engaging in informal (less lucrative) agri-food activities alongside the value chains. However, the existing literature fails to design an adequate framework that efficiently addresses gender inequality and the poverty conditions of women in low-income countries, mostly gender-blind. This study contributes to filling this knowledge gap by proposing a gender-aware inclusive value chain from a theoretical perspective. For this purpose, we conducted a deep and extensive state-of-the-art study on value chain development and strategies over the past three decades. Two main types of value chains are drawn from this literature review: (1) conventional value chains, mainly exclusive or adverse, including the bottom of the pyramid populations and gender-blind; and (2) gender-aware value chains mostly focus on value chains that are controlled by women. Hence, the paper proposes a third type of value chains inspired by the Foucauldian perspective of human being: gender-aware inclusive value chain (GAIVC). This perspective considers a value chain similar to the human body in its functioning because the human body is composed of different organs that are autonomous but complementary to each other. GAIVC is also composed of different elements (actors/stakeholders, farms, storage, infrastructure, and so on) that should be complementary and non-competitive. From this perspective, it provides more opportunities for poor resource women to evolve into a non-discriminatory environment based on gender. It also breaks down the power relations between the chain actors, as they have to cooperate and avoid the chain from collapsing from within and outside threats. In this way, the sustainability of value chains is guaranteed, and all actors involved receive fair rewards from chain participation.

Value Chain and Business Development Strategy of MOCAF Cap Kujang in Sumedang Regency

MOCAF Cap Kujang is one of the MOCAF (Modified Cassava Flour) produced in Sumedang that has been produced since 2012, but until now, the business development is still limited. The challenges in MOCAF Cap Kujang are the limited availability of raw materials, the lack of intensive marketing, and the government has not paid attention to the MOCAF business in Sumedang. This study aims to analyze value chain activities in MOCAF Cap Kujang, identify internal and external factors that influence the MOCAF Cap Kujang business, and determine the business development strategy for the MOCAF Cap Kujang business. The method used for value chain analysis was Porter's model and Hayami Method. Internal factor analysis was carried out using IFE, and external factors using EFE. The results of IFE and EFE were used to formulate strategies on the SWOT matrix. The resulting strategy was then prioritized using the AHP method. The study's results showed that value chain activities in the MOCAF Cap Kujang business consist of primary activities and supporting activities that generate added value at MOCAF by Rp1000/kg (33.33%). The main strength is the clean white of MOCAF Cap Kujang, and the main weakness is that MOCAF Cap Kujang's price is higher than other MOCAFs. The main opportunity of MOCAF Cap Kujang is that MOCAF can be a substitute for wheat for people who cannot consume gluten and the main threat is the lower price of wheat flour. MOCAF Cap Kujang's business development strategy prioritizes cooperation with various parties.

When is Value Chain Strategy More Powerful?: GVC Management in the Korean Fashion Apparel Industry

Our research hypothesized and empirically examined different types of GVC management strategies and the impact of those on the focal firm’s export performance. We collected data from 142 South Korean fashion apparel firms from 2006 to 2016, and conducted panel regression analysis. The two main effects of GVC management strategy – vertical integration and horizontal expansion of value chain – was found to be positively associated with the focal firm’s export performance. We found R&D investment to be negatively associated with the focal firm’s export performance. Results of the impact of two different combinations of strategies on the focal firm’s export performance demonstrated interesting contrast. On the one hand, vertical integration created a strategic trade-off, weakening the positive impact of horizontal expansion of the value chain on export performance. On the other hand, vertical integration created appropriable rents and weakened the negative impact of R&D investment on export performance.

Date Value Chain Analysis, Development, and Competitiveness of Date Palm Products in the Sultanate of Oman

This paper considers the vision of how to develop an efficient value chain and development strategies to improve the value chain in Oman. The main key factors of inclusive and sustainable development of the date value chain are determined to carry out the appropriate actions for improving the date palm sector in Oman. To explore the challenges and opportunities leading to the improvement of the marketing, commercialization, and competitiveness of dates and date palm products in this country, an analytical tool guideline (SWOT) was framed. Such analysis is useful to raise awareness to create policies for improved marketing of dates. Based on the SWOT analysis, the diversification of date varieties, and orientation toward modern plantations are the most important strengths of the date value chain. However, the increasing competition in regional and global date markets is the major threat to the date sector in Oman. There is a good possibility to promote the date processing industry in Oman given the rising demand for fresh and processed dates in national and international markets. A profitable and competitive date palm sector could be achieved by focusing on high yield and commercial varieties to ensure higher date palm productivity and the orientation toward adoption of quality standards to meet international market demand.

Specialised vertical integration: the value-chain strategy of EV lithium-ion battery firms in China

China has developed a fully-fledged industrial value chain for electric vehicle (EV) batteries within a short period. Such industrial dynamics are often seen as the product of a policy of protecting infant industries. However, extensive empirical observations from the field show that firms' value-chain strategies can also help answer the question of why China is so far the only country to have formed a complete and dynamic value chain for EV batteries so quickly. This paper explores the driving forces behind the emerging Chinese EV lithium-ion battery industry. Based on the analysis of the main moves made by actors along the battery value chain, we identify that many Chinese firms deploy a strategy that we term 'specialised vertical integration', i.e., actively entering related upstream and/or downstream segments within the EV lithium-ion battery supply chain, while continuing to reinforce their existing capacity using specific established assets in the original segment of the value chain, which serves as an expansion base. This specific approach, which is typical of strategies rooted in the resource-based view of the firm, has given the Chinese EV lithium-ion battery sector a unique internal dynamism, helping to secure its competitive advantage in the global value chain.

Evaluation of Strategies for Aeronautical Value Chains and the Implications to the State of Ceará, Brazil

Several regions of the world seek to participate in the aeronautical value chain, aiming at employment quality and absorption of technologies. This upgrading movement is studied in industries usually employing concepts and methodologies developed for companies or isolated agglomerations. However, no comparative studies of aeronautical chains’ strategies in emerging countries have been identified. This paper evaluates strategies adopted by segments of the aeronautical value chain and, complementarily, presents the implications for the Brazilian state of Ceará. To achieve this objective, the Value Chain Structure-Conduct-Performance (SCP) framework, recently developed for evaluating value chain strategies is applied, by means of a qualitative comparative analysis of segments located in selected territories outside Europe and the United States. Celebration of international agreements and improvements in infrastructure are identified as structural elements of influence in the determination of strategies aimed at creating jobs in the chain. The aeronautical value chain in the state of Ceará has an attractive structure to services. The study also suggests that the use of Value Chain SCP framework can contribute to the analysis of technology-intensive value chains and, more specifically, provide recommendations on strategies for segments of the aeronautical value chain located in emerging countries.

Specialised vertical integration: The value-chain strategy of EV lithium-ion battery firms in China

Specialised vertical integration: The value-chain strategy of EV lithium-ion battery firms in China

The Value Chain Analysis and Strategies for the Development of Ginger Farming in Semarang Regency

Ginger is a biopharmaceutical commodity which has a high economic value. However, a long ginger trading system makes the position of farmers as the producer have low bargaining power. The purpose of this research was to analyze the value chain and develop strategies for increasing ginger commodities in Semarang Regency. The method used in this research was quantitative descriptive using primary data with the number of respondents as many as 98 ginger farmers, 2 collectors, 2 wholesalers, 2 retailers and 6 key persons. The variables in this research included value chains, marketing margins, cultivation, post-harvest, marketing, institutions and policies. The analysis tools used were Value Chain Analysis and Analytic Hierarchy Process (AHP). The results showed that (1) Ginger farming in Semarang Regency was profitable with an average production or r/c ratio of 5,1. (2) There were three patterns of ginger trading in Semarang Regency, and their selection depended on the amount of production, transportation, facilities and capabilities owned by farmers. (3) The most prioritized criteria in the strategy of developing ginger farming in Semarang Regency covered marketing, cultivation, policy, harvesting and institutional aspects. Regarding these findings, suggestions or recommendations are given as follows: (1) carrying out harvesting process such as ginger powder independently. (2) forming ginger farmer groups to shorten the marketing chain of ginger, and increase the income of ginger farmers. (3) performing innovative digital marketing strategies.

COVID-19 and agri-food value chain: a systematic review and bibliometric mapping

PurposeThe COVID-19 has had a diversified and dynamic impact on the food and agricultural sector, particularly in the agri-food value chain. Although a good number of articles were published in various countries and continents covering various aspects of the impact of COVID-19 on the agri-food value chain, no significant studies were found related to the mapping of published literature to know about the scenario and current trend research. The study aims to perform a systematic review and bibliographic mapping in the agri-food value chain to provide insights into the same.Design/methodology/approachArticles included in the Scopus database from January 1, 2020 to July 10, 2021 are considered. After initial screening and inclusion criteria, 41 articles have been selected to perform a systematic review which is published in the agri-food value chain. In addition to this, by considering the growth of the online food market, systematic mapping with the application of bibliometric analysis is performed to know the trend of the publications. Co-occurrence analysis with VOS viewer software version 1.6.16 is used for making network maps and supports the visualization of these maps.FindingsThe synthesis of the findings reveals that four broad themes recur in the articles: namely, food security and crisis during the pandemic, food price fluctuations, the impact of COVID-19 and disruption in the agri-food value chain and resilience strategies to strengthen the value chain. Alongside, the synthesis of the findings, this study describes the geographical coverage, methodologies used, sector/industry-specific context of the articles and scope of future research. In co-occurrence analysis with keywords, four clusters are identified related to the online food market and are categorized as “COVID-19 and Online food delivery services,” “Consumer satisfaction to online food delivery services,” “Food delivery system” and “Demographic impact on online food market.”Research limitations/implicationsThe study considers only the article from the Scopus database and article published between January 1, 2020 and July 10, 2021. Future studies are encouraged related to impact analysis studies of resilient strategies suggested by various authors by considering multiple databases.Originality/valueThis study will be beneficial for scholars and policymakers to know what is trending in the agri-food value chain and policymakers can implement various resilience strategies as discussed to mitigate the impact. The future research scope highlighted in this paper will encourage scholars and academicians to explore this area and will provide in-depth understanding.

Influence of ICT Support Practices and Logistical Management on the Performance of Oil Companies in Kenya

In the oil industry, the supply-chain network is composed of shipping via vessel, oil tankers and pipelines that run across multiple countries. Any disruptions arising in the global supply chain have tremendous adverse effects in achieving operational efficiency, maintaining quality, profitability, and customer satisfaction. This study analysed the influence of value chain strategies on performance of oil companies in Kenya. Based on the study, this paper examines the role of ICT support practices and logistical management on performance of oil companies in Kenya. Causal research design was used in the study. The target population was one hundred and five (105) oil marketing companies operating in Kenya. The study employed purposive sampling to pick a sample of seven (7) oil firms with the largest market share. Out of the seven (7) firms, stratified random sampling was used to obtain data from eighty (80) employees from the large oil marketing companies. Primary data was collected using semi-structured questionnaires. Descriptive and inferential statistics were utilized and a regression model developed. The study found that adoption of both ICT support and logistical management had a positive influence on the performance of oil companies in Kenya. It was, therefore, recommended that oil companies in Kenya need adopt ICT to improve the efficiency and effectiveness of their operations. Furthermore, oil companies should strengthen logistical management in a manner that connects the organization to the suppliers. The findings should help oil companies to better understand the importance of value chain strategies such as ICT practices and logistical management in relation to firm performance.

Discussion on Cost Management of Value Chain Strategy of Trade Enterprises

Discussion on Cost Management of Value Chain Strategy of Trade Enterprises

Circular Economy in Basic Supply: Framing the Approach for the Water and Food Sectors of the Gulf Cooperation Council Countries

The circular economy concept can enhance sustainability through restructuring consumption and production patterns using innovative designs and business models. This core premise is highly relevant for the interlinked water and food supply sectors in arid regions, which are threatened by natural scarcity and resource overuse. This paper transfers the idea of the circular economy into the practice of the water and food sectors using the example of the region of the Gulf Cooperation Council (GCC). It develops a framework for identifying circular economy strategies and issues applicable to basic supply sectors. In analyzing the value chain and circular strategies of the water and food sectors, the circular economy idea has resulted in numerous industrial applications. The range of applications is illustrated in the key industries of wastewater and local food production. Expanding the reuse options for municipal wastewater and valorizing organic waste represent important circular economy directions for the basic supply sector of the GCC. Incorporating these ideas is positive, but a more comprehensive set of measures is needed to generate low-carbon and low-metabolism economic development in the region. In addition to the current sporadic supply-side initiatives, there is a need for non-technical circular economy strategies related to demand management and waste reduction.