Question

In: Operations Management

Discuss any FIVE (5) benefits generated by the value delivery network of the online retailers. Provide...

Discuss any FIVE (5) benefits generated by the value delivery network of the online retailers. Provide your clear justification on the benefits. (400 WORDS)

Solutions

Expert Solution

he five benefits of Value network in online retaining are as Follows :

1.Reduced Cost: Any business in the initial setup required capital for land, warehouse ,Inventory, equipments etc to start the business and thus require much investment. Value network helps an organization to invest less by keeping the less inventory stocks and allow other retailers to get the ordered from customer and supply the product or service without having the need of physically stock the product.

2.Focus on core competencies: These refers to the core competencies of an organization like expansion of product or service,adding product mix, market segmentation etc. Value network helps an organization to impart less focus on delivery of product or service as its being done by the value networks and thus help the organization to get more time to focus on their main competencies which is very essential for the organization growth.

3.Wider customer reach: This refers to the wide number of customer get covered or attracted by an organization to use their product or service.Value networks helps an organization to reach to maximum number of customer from various geographical locations and thus increase in the wide spread of the product around the country or globe which ultimately helps the organization to get wider number of customer and helps in the growth of the organization.

4.Reduction in lead time: Now customer don't want to wait for a product or service after ordering or paying money for it want it as soon as possible.Now if the provider or organization fails to deliver the same in minimum lead time, it will lead to loose the customers and customer will approach another competitor in the market. Value network help to deal with this type of issue and deliver the product or service with minimum lead time and thus helps the organization to attain customer satisfaction and loyalty

5.Easy available feedback: Value networks helps to know the current state of products or service among the customer and current competitive strategies in the market.This network helps to know which product sell well in their specific areas of coverage.Their feedback can prove valuable in making a product that more customers need and want.


Related Solutions

Discuss any FIVE (5) benefits generated by the value delivery network of the online retailers. Provide...
Discuss any FIVE (5) benefits generated by the value delivery network of the online retailers. Provide your clear justification on the benefits.
1. Discuss any FIVE (5) benefits generated by the value delivery network of online retailers. Provide...
1. Discuss any FIVE (5) benefits generated by the value delivery network of online retailers. Provide your clear justification on the benefits 2. Discuss FOUR (4) improvements needed on the value delivery network of online retailers to further enhance their competitive advantages. Provide examples in your explanation.
Discuss FOUR (4) improvements needed on the value delivery network of the online retailers to further...
Discuss FOUR (4) improvements needed on the value delivery network of the online retailers to further enhance their competitive advantages. Provide examples in your explanation.
Discuss FOUR (4) improvements needed on the value delivery network of the online retailers to further...
Discuss FOUR (4) improvements needed on the value delivery network of the online retailers to further enhance their competitive advantages. Provide examples in your explanation.
Discuss FOUR (4) improvements needed on the value delivery network of the online retailers to further...
Discuss FOUR (4) improvements needed on the value delivery network of the online retailers to further enhance their competitive advantages. Provide examples in your explanation.
Discuss any (5) threats faced by computer network users and what strategies might be used to...
Discuss any (5) threats faced by computer network users and what strategies might be used to prevent each of them from happening. the instructions of that question are 1- 1000 word or above 2- set references (book, www, journal article from the full-text databases, current affairs magazine, newspaper ) please with the references
Required (a) Discuss any FIVE (5) militating factors that had accounted for the failure of the...
Required (a) Discuss any FIVE (5) militating factors that had accounted for the failure of the earlier teams in reaching Mount Everest (b) Analyse any FIVE (5) team qualities exhibited by the conquering team to Mount Everest. (c) What exceptional leadership characteristics was exhibited by the Team leader Hilary. Discuss any (FIVE) 5 of such qualities its a case study
Identify and discuss any five (5) major functions performed by the financial system.
Identify and discuss any five (5) major functions performed by the financial system.
Describe the differences between value delivery network and value chain. Explain how each are critical to...
Describe the differences between value delivery network and value chain. Explain how each are critical to successful marketing planning.
A Wimax wireless network integrated with a satellite network can provide connectivity to any location within...
A Wimax wireless network integrated with a satellite network can provide connectivity to any location within 10 km of the base station. The number of sectors per base station can be varied to increase the bandwidth. An independent cable operator is considering three bandwidth alternatives 44(Mbps), 55(Mbps), and 88 (Mbps). Assume a life of 20 years and a MARR of 10% per year. Bandwidth Mbps First Cost, 1000$ Operating Cost, 1000$ per Year Annual Income, 1000$ per Year 44 -40,000...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT