How can you leverage data science to optimize operations and boost profitability?
Value Chain Management (VCM) refers to organizing activities that add value to the goods or services to achieve a competitive advantage in the marketplace.
This method helps organizations to effectively respond to market trends and improve efficiency to boost profitability.
We quickly delve into the fundamental components of Value Chain Management.
We will then explore four examples of data science applications to support strategic primary activities.
The value chain framework was originally introduced in Michael Porter's book “Competitive Advantage: Creating and Sustaining Superior Performance”.
This revolutionized how businesses perceive their operations by dissecting any business into a series of interconnected activities that contribute to creating and delivering value to customers.
How can you leverage data science to optimize operations and boost profitability?
Value Chain Management (VCM) refers to organizing activities that add value to the goods or services to achieve a competitive advantage in the marketplace.
This method helps organizations to effectively respond to market trends and improve efficiency to boost profitability.
We quickly delve into the fundamental components of Value Chain Management.
We will then explore four examples of data science applications to support strategic primary activities.
The value chain framework was originally introduced in Michael Porter's book “Competitive Advantage: Creating and Sustaining Superior Performance”.
This revolutionized how businesses perceive their operations by dissecting any business into a series of interconnected activities that contribute to creating and delivering value to customers.
READ MORE Russian President Vladimir Putin launched Russia's invasion of Ukraine in the early-morning hours of February 24, targeting several key cities with military strikes. At its heart, Telegram is little more than a messaging app like WhatsApp or Signal. But it also offers open channels that enable a single user, or a group of users, to communicate with large numbers in a method similar to a Twitter account. This has proven to be both a blessing and a curse for Telegram and its users, since these channels can be used for both good and ill. Right now, as Wired reports, the app is a key way for Ukrainians to receive updates from the government during the invasion. The perpetrators use various names to carry out the investment scams. They may also impersonate or clone licensed capital market intermediaries by using the names, logos, credentials, websites and other details of the legitimate entities to promote the illegal schemes. Although some channels have been removed, the curation process is considered opaque and insufficient by analysts.
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