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Contemporary Management Technique

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Fully explain from a military business point of view the value chain that would aid the military in achieving certain military CSFs: like 1) training, 2) administration, 3) security, 4) communication, 4) logistics, 5) finance 6) pay or pay scale

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The response address the queries posted in 914 words with references.

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The response address the queries posted in 914 words with references.

//Before we begin discussing the importance of a value chain, from the viewpoint of military business in helping the military, for achieving some military critical success factors, we would explain what a 'Value Chain Analysis' is. We start with a brief introduction as written below under the heading - Introduction.//

Introduction

The value chain analysis deals with the sets of interlinked value creating activities performed by an organization. It helps in examining all the activities that a firm performs. It focuses on a set of inter-related activities performed in a sequence for producing and marketing a product or service (Ramaswamy & Namakumari, 2005). The organization's division is the one that supplies necessary material to the military. Supply chain is responsible for the distribution of the product to the consumer at the right time and right place.

Logistic and supply chain is the process of planning, controlling and implementing the efficient & effective flow and storage of goods, services and related information from point of origin to point of consumption for the purpose of meeting the requirements of the people (What is Logistics & Supply Chain Management?). It is generally a myth to imagine that the best logistics strategy is to get the product from the supplier to the customer (What is Logistics & Supply Chain Management?). Logistics deals with the movement and storage of materials that are inbound to manufacturing facilities and outbound from these facilities (What is Logistics & Supply Chain Management?).

//Moving along the paper, I now talk about the value chain in the military ...

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Ashish Sharma, MBA (IP)
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  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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