Question

In: Operations Management

Describe in detail the value chain for best buy. Describe each step and its function.

Describe in detail the value chain for best buy. Describe each step and its function.

Solutions

Expert Solution

Best buy has an effective and dedicated team which helps for converting the incoming teams from pre paid to collect terms.

The products are imported from Asia to the west coast consolidation centers.


It has effective supply chain from a high volume distribution mechanism to an operation which is customer racing and helps for driving strategy and product.

It has focused intensively and effectively on the needs of the customers and the supply chain is an important vision wherein there is stress on responsiveness, agility, accuracy, and deliveries that are sales ready. There is focus on corporate strategy and relationship to corporate strategy.
The strategy is focused on fulfilling the important distinct demographic segments.

There are nonsales activities that are out of stores and the shipments are configured to a level which is individual store plans.
There is autonomy for serving local market needs.

There is combination of data from the departments and the important partners into the consolidated product forecast


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