Reference no: EM133860233
Case Scenario
You are an Operations Executive for LMC Associates, and you are planning to recommend some changes to your organization's value chain process. Currently, LMC Associates faces multiple delays in shipping orders to their customer base due to distribution errors and natural disasters, resulting in backlog orders of 90 days. With the delay in orders, customers are taking to social media outlets to complain publicly and provide poor ratings or reviews of the company and products. The CEO has requested that you pull together an assessment of the current state of LMC Associates' value chain for an upcoming meeting with the Board of Directors. Get professional assignment help services from verified experts!
In preparation for a meeting with the Board of Directors, you have been assigned to create a Needs Analysis Summary of LMC Associates' value chain for the meeting. The CEO has shared with you LMC Associates' last value chain analysis model as a starting off point.
Value chain analysis model
Instructions
NOTE: Your research and writing should align with the concepts discussed in the modules and lectures.
The needs analysis summary should contain a synopsis of your evaluation of LMC Associates use of Porter's Value Chain and Five-Forces Model in your value chain. The meeting will be your first interaction with the Board of Directors, so you want to ensure that the Board understands the organizational value chain management methodologies and the organization's current state.
Your needs analysis summary should:
Introduce Porter's Value Chain and Five Forces Model
Assess LMC Associates' value chain performance
Assess how the global and business environment have influenced LMC Associates' value chain performance
Recommend the optimal strategies to maximize LMC Associates' value chain performance