In: Operations Management
Describe in detail the value chain for best buy. Describe each step and its function.
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