Measureit247: MVC

Do you know where your Agribusiness Venture Belong to on the Value Chain?

Do you want to maximize the Profitability or Productivity Potential of your Agribusiness on its Value Chain?

Do you want to Strategize such that your Agribusiness venture can take Advantage of the Opportunities offered by the Positioning of your Agribusiness on the Value Chain?

Do you want to Position your Agribusiness Venture Correctly and Strategically for Opportunities on the Value Chain?

If the answer to any of these questions is "Yes", you are on the right Page

Welcome to

MEASUREIT247 VALUE CHAIN

Value Chain

A value chain is a series of consecutive steps that go into the creation of a finished product, from its initial design to its arrival at a customer's door. The chain identifies each step in the process at which value is added, including the sourcing, manufacturing, and marketing stages of its production. A company conducts a value-chain analysis by evaluating the detailed procedures involved in each step of its business. The purpose of a value-chain analysis is to increase production efficiency so that a company can deliver maximum value for the least possible cost. Because of ever-increasing competition for unbeatable prices, exceptional products, and customer loyalty, companies must continually examine the value they create in order to retain their competitive advantage. A value chain can help a company to discern areas of its business that are inefficient, then implement strategies that will optimize its procedures for maximum efficiency and profitability. In addition to ensuring that production mechanics are seamless and efficient, it's critical that businesses keep customers feeling confident and secure enough to remain loyal. Value-chain analyses can help with this, too.

Components of a Value Chain

Primary Activities

Primary activities consist of five components, and all are essential for adding value and creating competitive advantage:
Inbound logistics include functions like receiving, warehousing, and managing inventory.
Operations include procedures for converting raw materials into a finished product.
Outbound logistics include activities to distribute a final product to a consumer.
Marketing and sales include strategies to enhance visibility and target appropriate customers such as advertising, promotion, and pricing.
Service includes programs to maintain products and enhance the consumer experience like customer service, maintenance, repair, refund, and exchange.
Support Activities
The role of support activities is to help make the primary activities more efficient. When you increase the efficiency of any of the four support activities, it benefits at least one of the five primary activities. These support activities are generally denoted as overhead costs on a company's income statement:
Procurement concerns how a company obtains raw materials.
Technological development is used at a firm's research and development (R&D) stage like designing and developing manufacturing techniques and automating processes.
Human resources (HR) management involves hiring and retaining employees who will fulfill the firm's business strategy and help design, market, and sell the product.
Infrastructure includes company systems and the composition of its management team such as planning, accounting, finance, and quality control.

It is important to note the differences between the Value Chain of a Fully Integrated Agribusiness Venture to that of Semi or Non Integrated Agribusiness Venture in case the product has a longer Value Chain, the Former is Internal while the Latter is External, The approaches for Analysis for both are totally different. For the external, Figure out your Position on Value Chain, Strategize how you can maximize your Profitability and Productivity by positioning your Agribusiness Venture perfectly to take Advantage of Opportunities.

WE HELP YOU EVALUATE AND ANALYZE YOUR VALUE CHAIN AND STRATEGIZE ON HOW TO POSITION YOUR AGRIBUSINESS VENTURE CORRECTLY, IN ORDER TO MAXIMIZE AND OPTIMIZE ITS PROFITABILITY AND PRODUCTIVITY POTENTIAL,