Companies can harness a competitive advantage at any one of the five activities in the value chain. For example, by creating outbound logistics that are highly efficient or by reducing a company’s shipping costs, they can either realize more profits or pass the savings to the consumer in the form of lowered prices.#Economics #Humanresources #management #Marketingandsales #Infrastructure #Procurement #Service #Technological #development #valuechain

via Francesco Lelli at the following url:

https://ift.tt/3xu4y6D

This is a small description of the picture: Companies can harness a competitive advantage at any one of the five activities in the value chain. For example, by creating outbound logistics that are highly efficient or by reducing a company’s shipping costs, they can either realize more profits or pass the savings to the consumer in the form of lowered prices.#Economics #Humanresources #management #Marketingandsales #Infrastructure #Procurement #Service #Technological #development #valuechain