Question

Maize is a major Ghanaian staple that is produced in thousands of farms across the country. The product is bought by market intermediaries, and carted in trucks to big maize markets in the regions. From these markets, retailors buy bags of maize that they retail to millions of customers from market stalls and other outlets across the country.

i. Identify the players in the industry value chain described above.

ii. Identify and explain two E-business interventions that can improve the efficiency of operations at the Industry level?

Answer 1

1) An industry value-chain could be a physical illustration of the assorted processes concerned in manufacturing product (and services), beginning with raw materials and ending with the delivered product (also called the provision chain). It is based on the notion of value-added at the link level. Therefore, the players of the industrial value-chain comprise of the units or persons responsible and working at each link level. Such as -

a) Farmers

b) Wholesalers

c) Distributors

d) Retailers

Note - Above mentioned players are on the basis of the statement provided in the question. Players would change for every case.

2) An e-business strategy defines a long arrange for setting up in place the proper digital technology for an organization to manage its electronic communications with all partners - that is internal through the computer network and outwardly through to customers, suppliers and different partners. Two major interventions that could improve the efficiency of operation at the industry level are -

a)E-purchasing for the raw material (online buying) is an alternate vehicle you can use to induce your materials from suppliers. This technology permits you to induce additional competitive evaluation as you're now not restricted to native merchants. Generally, the price of group action process is reduced and there's less work.

b) Smart internal control systems will assist you to cut back inventory levels, improve profitableness and speed up client time interval. On-line and order management systems integrate inventory data along with your organization's buying, accounting and e-business systems, therefore you'll be able to simply track order standing and also the movement of inventory among your company. You'll even be able to determine peak and low periods, permitting you to regulate offer purchases and higher manage capital.