Conducting a Value Chain Analysis

Conduct a comprehensive Value Chain Analysis for [your business or industry]. Identify and describe the primary and support activities that create value and competitive advantage. For each primary activity (inbound logistics, operations, outbound logistics, marketing and sales, services), provide specific examples relevant to your organization. For support activities (firm infrastructure, human resource management, technology development, procurement), explain how they enhance the efficiency and effectiveness of the primary activities. Evaluate areas for cost reduction and differentiation, and suggest strategies for optimizing each activity. Format the analysis with clear headings for each activity and include a summary of key insights and actionable recommendations.