Premium Essay

The Role of the Engineer in the Value Chain

In:

Submitted By fassoal
Words 1567
Pages 7
The Role of the Engineer in the Value Chain

Executive Summary

In the recent past, value chain management has undergone radical transformation through various stages of automation, optimization and integration. This is based on a variety of reasons such as shortened technology and product development lifecycles, globalization, and pressures of competitive forces. This has forced organizations to review their value chain systems in order to survive and grow in such dynamic economic environments. In the field of engineering, value chains have become vital aspects of operations management when it comes to the application of engineering systems to the industrial and commercial processes. The main purpose of this paper is to disentangle the role of the engineer in the value chain. In this context, it will go further in analyzing the key elements of value chain and any accrued benefits that come with use of engineers in the value chain management. Value Chain Analysis

The inception of Value Chain is associated with Michael Porter. He gives his understanding to this concept using a model he referred to as; “Porter’s value chain model” (Sekhar, 2009: 115). This model evaluates the strategically vital activities in a firm that boost its competitive advantage. Such competitive advantage is usually achieved through the core competencies of the firm. According to Porter, a firm is defined by a set of processes and functions which he classified into five main activities; the inbound logistics; operations; outbound logistics; marketing and sales; and service (Hinton, 2006: 171). The activity of Inbound Logistics focuses on the receipt of goods and their distribution within the firm. On the other hand, the Outbound Logistics deals with the warehousing and external distribution of finished products. The role of Operations Function focuses on the process of

Similar Documents

Premium Essay

The Role of the Engineer in the Value Chain

...The Role of the Engineer in the Value Chain 49680: Value Chain Engineering Systems Assignment 1 LE Ngoc Thang 11187604 Table of Contents 1. Summary 5 2. Introduction 6 3. Value Chain 7 4. Engineering in Value Chain 9 4.1 Inbound Criterions 10 4.2 Warehouse management Criterions 11 4.3 Logistics Operation Specifications Criterions 11 5. Conclusion 14 6. Reference 15 Table of Figures Figure 1 Supply chain of a Router 7 Figure 2 Engineering Value Chain model 9 Summary This report focuses on the key component of a business, which is Value Chain. Value Chain, as Michael Porter's definition is those activities that add value to the products and/or service provided by the company. Additionally, to achieve advantages over competitors, those activities should be run at an optimized level with careful research and strict supervision. In the first part, Supply Chain and Demand Chain are researched and in the second part, a particular industry sector will be taken into consideration to shed light on the role of engineering and by that reveal the importance of engineering in the management of Value Chain. (Porter 1985) Introduction Nowadays enterprises are facing a number of issues to maintain and expand their business. With those that manufacture goods or provide services should be aware of the importance of Value Chain in order to deeply know the flow of raw material from suppliers to end-users for example. This report gives a brief view over Value Chain system and...

Words: 1541 - Pages: 7

Premium Essay

The Role of the Engineer in the Value Chain

...Appendix B Project Scope Statement Example PROJECT OVERVIEW This project is being undertaken to establish a new residence for Mr. and Mrs. John Smith. The new residence will be a free-standing, single-family dwelling built on a two-acre lot (lot 24) located at 200 North Maple Avenue, MyTown, MyState, 20001-1234, USA. The project is to commence on Monday, February 2, 2015 and will complete no later than Thursday, December 31, 2015. This home is being constructed to take advantage of the latest building materials and codes and will employ emerging technology to minimize energy consumption. Construction will be overseen and managed by Apex Home Builders, the prime contractor who may subcontract components of the construction effort. All labor will be bonded and all materials will meet or exceed local building code guidelines. SECTION I. PROJECT PURPOSE The home project is being undertaken to establish a new primary residence for Mr. and Mrs. Smith and family. The new residence is scheduled for completion in December so that the Smith family may move in during the first two weeks of 2016. Mr. Smith will be taking responsibility for his company’s North American operations in 2016 and is relocating from Europe to do so. Mr. Smith and family will be traveling and relocating during December of 2015 and will move directly from their current home to the newly completed residence. The home must be completed by December 31, 2015, so that the Smith’s can establish residence in the...

Words: 1561 - Pages: 7

Premium Essay

Value Chain in Engineering

...Summary The concept of value chain has attracted considerable attention of managers and researchers. This report briefly presents the value chain in manufacturing industry and then explores the leadership roles of the engineer in the management of the value chain. Furthermore, this report analyzes the benefits of using an engineer in the value chain management and points out that the engineer is best suited to perform the value chain management role. Table of Contents Introduction 2 The Value Chain in manufacturing industry 2 Role of the Engineer in Value Chain 4 Main Management Actions of Value Chain 4 Leadership Role in the Value Chain Management 4 Benefits of Using an Engineer in Value Chain Management 5 Conclusion 6 References 7 Introduction The demands of the new economy caused by globalization have changed the focus of companies from internal efficiency to the creation of value in the extended enterprise, including their suppliers, alliance partners, distributors and customers. The concept of value chain has attracted a great deal of attention from managers and researchers. Porter (1985) described the value chain as a complex series of activities through which a product or service is designed, produced, marketed, delivered and supported and these activities coordinate the nexus between supply and demand. This report explains the leadership roles of the engineer in the value chain management and argues...

Words: 1261 - Pages: 6

Premium Essay

Supply Chain Management

...SUPPLY CHAIN UPPLY HAIN MANAGEMENT ANAGEMENT Report produced for the EC funded project INNOREGIO: dissemination of innovation and knowledge management techniques Sotiris Zigiaris, MSc, BPR engineer by BPR HELLAS SA J ANUARY 2000 1 SUPPLY CHAIN MANAGEMENT Contents 1 Description 1.1 1.1.1 1.1.2 1.1.3 1.1.4 What is the Supply Chain Management (SCM) What is the importance of Supply Chain Management Supply Chain Management Today Supply Chain Management Tomorrow The Supply Chain Management Pipeline 1.2 Objectives of the Supply Chain Management 1.3 Supply Chain principles/ Methodology and Solutions 1.3.1 Supply Chain Principles 1.3.2 Methodology of a Supply Chain Management project-solutions 1.4 Expected results/ benefits 1.4.1 Opportunity areas (examples) 1.4.2 There for the Taking 1.5 Characteristics of firms/ organisations and service providers 2 Application 2.1 Where the technique has been applied 2.1.1 How can Supply Chain Management (SCM) be applied to an organisation? 2.2 2.3 2.4 2.5 Types of firms/ organisations where SCM can be applied Duration and implementation cost of Supply Chain Management Conditions for implementation European organisations supporting the implementation of the method 3 Implementation procedure 3.1 Steps-actions/ phases 3.1.1 Implementing a competitive approach to Warehousing and Distribution 3.2 3.3 Partial techniques and tools included in each...

Words: 12113 - Pages: 49

Premium Essay

Operation

... Understanding Apple Company’s value chain This main purpose for this article is to analyze Apple Company’s value chain. From this article, some professional knowledge about value chain in operation management can be learned. And the analyze will be deeply discussed in operation structure. In the textbook, operation structure is defined as the configurations of resources in the value chain including elements of suppliers, factories, distributors, sales offices, design and so on. (Collier and Evans, OM) The following articles will analyze specifically how these elements are operated in Apple Company from the view of Value chain style and value chain model. We can not deny that Apple Company is familiar with everybody in the modern society. In 1976, Apple Company was set up by selling computers. They expanded their business to other industries especially in music player and phone during the development of the company in last 11 years. (Apple company) Nowadays, Apple is the dominant marketing leaders in each field they joined in. The most significant factor of these excellent performances is the attitude to the value chain management. The obvious proof for this conclusion is the last sentence of the article as follow: Apple plans to double spending on its supply chain, to $7.1 billion, continuing its focus on streamlining and controlling manufacturing. The high focus level of the value chain generates the Apple’s amazing achievement...

Words: 1369 - Pages: 6

Premium Essay

Leadership Practices

...Leadership Practice Assignment (Unit 5013) By: Name Tutor: Name Contents Introduction 2 Task 1 1.1 Management and leadership 3 – 4 1.2 Balancing the roles of management and leadership 4 – 6 1.3 Creating organisational vision 6 – 7 1.4 Self-belief, personal energy and commitment to leadership; 7 – 8 style of leadership 1.5 Building trust, empowering others and promoting ethical 8 – 9 leadership 1.6 Transformational, transactional and situational leadership 9 – 10 and impact on organisation Task 2 – Reflective statement about learning on the course 10 References 11 Introduction In 2009 Karl Moore of Mc Gill University interviewed Henry Mintzberg on his new book Henry Mintzberg on Managing – Pure and Simple, and asked the question as to whether Mintzbergs book should not have been called Leadership. Mintzberg’s response was that management and leadership are part and parcel of the same thing and shouldn’t be seperated in practice. He expressed the belief that the seperation of leadership from managament is utterly destructive, because managers who do not lead are boring and leaders who do not manage do not know what is going on. Whilst Mintzberg seems to make a very valid point and the fusion of leading and managing appears logical, it is undeniable that cenceptual differences exist between the term management, and the term leadership. Even without an accepted or definitive distinction...

Words: 3181 - Pages: 13

Premium Essay

Career

...juan jose cabrera lazarini | | | Work ExperienceResults driven leader with 25 year international experience in Supply Chain Operations including International Trade delivering breakthrough results in Productivity improvement and Cost/Inventory reduction while maintaining fundamentals in place regarding Safety, Quality and Internal Controls by applying Value Stream Mapping, Supply Chain Synchronization, Total Productive Management and High Performance Working Systems, working for P&G and Michelin companies having different assignments in USA, Costa Rica and Mexico. As International Trade leader, owned import-export process for Finish Product, Raw & Packing Materials and Spare parts for 21 Plants and 20 Distribution Centers in Latin America | | 2014- 2015. Senior Supply Chain Loss Elimination Leader Beauty Mexico & Argentina/Regional Loss Elimination Americas at Procter & Gamble. Owner of outbound and inbound logistics loss elimination for 3 Plants in Beauty Care Sector in Mexico and 1 in Argentina including End to End for Latinoamerica as well as Raw and Packing Materials imports, Supply Chain Synchronization and Losses Elimination Capability Owner for Beauty Care Americas including 4 Plants in USA, 1 in Brazil and 3 in Mexico. This job is a great match with my strong background in International Trade LA for P&G. since: 1) I am qualified in Customs Operation for LA countries. Customs Compliance (CC) reported to me as LA I-Trade leader during which...

Words: 1514 - Pages: 7

Free Essay

6 Key Systems in Hr

...of these systems are working in sync and effectively, societies can flourish and advance in knowledge on a personal and organizational level. Division of Labor and the Mission System It is amazing sometimes to think why certain people have certain jobs and why those jobs are in the field they are in. Why is it necessary to have a CFO, CEO, manager, cashier, or even a custodian? The answer is simply, the division of labor. Just like the key systems as a whole, the division of labor is much like a machine with moving parts. People become employees, employees divide the labor, the labor results in a product or service, which subsequently results in value or profit. By dividing labor, each person within that project or business now has a role in the production and value of their service or product. This division is determined by an organization's mission system. The mission system identifies which tasks and actions are necessary and most profitable for the foreseeable future. By dividing these tasks up in the mission system, the tasks...

Words: 1542 - Pages: 7

Premium Essay

Kuch Nahi

...SALARY GUIDE | UNITED ARAB EMIRATES 2012 CONTENTS. MANAGING DIRECTOR’S LETTER BANKING & FINANCIAL SERVICES MARKET INSIGHTS RISK & COMPLIANCE WEALTH MANAGEMENT & PRIVATE BANKING ACCOUNTANCY & FINANCE MARKET INSIGHTS ACCOUNTANCY & FINANCE TECHNICAL MARKET INSIGHTS ENGINEERING CONSTRUCTION & ENERGY SUPPLY CHAIN & LOGISTICS 2 3 4 5 6 7 8 9 10 11 12 13 14 SALES, MARKETING & SUPPORT MARKET INSIGHTS ADVERTISING, MEDIA & BRANDING CREATIVE MARKETING & COMMUNICATIONS PR SALES ADMINISTRATION UNDERSTANDING THIS GUIDE TALK TO US 15 16 17 18 19 20 21 22 23 24 MANAGING DIRECTOR’S LETTER. Welcome to Morgan McKinley’s UAE Salary Guide 2012 Welcome to our annual UAE Salary Guide for 2012. Firstly I’d like to outline the methodology we have used in compiling this market intelligence. It is not intended to be a holistic guide to every job in every sector. Rather, it is a snapshot of the most popular positions from midmanagement level upwards within our four specialist divisions: Banking & Financial Services; Accountancy & Finance; Technical and Sales, Marketing & Support. It should be acknowledged that in order to arrive at these results we have accounted for a number of dissenting criteria, including job title; company; nationality; relocation packages; geographical dispersion; bonus sizes; longevity in the market and competitive edge. Job opportunities are up across the board on 2010 and 2009 numbers but still 40% down on 2011 for the same time of year. Abu Dhabi in particular...

Words: 3854 - Pages: 16

Free Essay

Chipotle

...MITALI RUNWAL Email id: mitaliprunwal@gmail.com Contact number: +971564682413/+919011378100 EDUCATION | Qualification | Institute/University | Year of Graduation | CGPA | PGDM | Institute of Management Technology, Ghaziabad | 2016 | Pursuing | B.E. (Civil) | Government Engineering College, Aurangabad | 2013 | 6.2 | CORPORATE EXPOSURE | Organization | Role | P. C. Runwal Engineers & Contractors(Jun 2013 - Jun 2014) | * Generated profits worth INR 0.8 million for the firm through execution of contractual work of ‘Hindustan Petroleum Corporation Limited’ and ‘State Bank of Hyderabad’ * Supervised civil works of 765 KV power grid substation and managed a team of 20 site engineers | Pramukh Construwell(May 2012 - Jun 2012) | * Implemented estimation and costing of Power Grid contracts for 3 projects * Applied principles of project management to derive final project costs | Volkswagen India Pvt. Ltd.(Dec 2014 - Jan 2015) | * Studied a sub-line of the assembly line and created a value stream map for it * Analyzed the causes for delay in line and recommended alternative to increase efficiency | PROJECTS | COMPANY/TOPIC | OBJECTIVE | Emaar Properties(Sep 2014 – Jan 2015) | * Conducted secondary market research on marketing strategies of Emaar Properties * Currently developing new marketing strategies for different segments of the company | HCL Infosystems Ltd.(Oct 2014 – Nov 2014) | * Prepared a report...

Words: 537 - Pages: 3

Premium Essay

Salary Guide

...Employment Outlook and Salary Guide 2012/13 a tOOl fOr wOrkfOrcE planninG Singapore rEcrUitMEnt i OUtSOUrcinG i cOnSUltinG Contents 4 6 8 11 15 16 18 22 24 26 27 29 Executive Overview Introduction Accounting & Finance Banking & Finance Call Centre Engineering & Technical Healthcare & Life Sciences Human Resources Information Technology Office Support Procurement, Supply Chain & Logistics Sales, Marketing & Advertising kelly Services, inc. (naSDaQ: kElYa, kElYB) is a leader in providing workforce solutions. kelly® offers a comprehensive array of outsourcing and consulting services as well as world-class staffing on a temporary, contract and permanent basis. Serving clients around the globe, kelly provides employment to more than 550,000 employees annually. kelly has been at the forefront of the recruitment industry for over 60 years and has set the industry benchmark with innovative recruitment and retention strategies. we pride ourselves on delivering a high level of customer service and providing the right talent in accordance with our clients’ requirements. all our candidates undergo a stringent screening process to ensure they are the best possible fit for the job. for more than 30 years in Singapore, and with offices across the island, kelly has in-depth experience working with Singapore’s leading companies and delivering the best talent available. kellyservices.com.sg All rights reserved. No part of this book may be reproduced or transmitted...

Words: 11189 - Pages: 45

Premium Essay

5 Key Drivers of Supply Chain Compliance and Why?

...5 key drivers of supply chain compliance and why? The key drivers of supply chain management that determine the overall competitiveness and responsiveness of the organization relate to inventory, transportation, facilities and information. The complete supply chain is made up of many channel partners and many processes. Supply chain management encompasses several activities and partners. The forces which are responsible for making the supply chain effective are legislation, environmental, pricing, customer and social. 1. Legislation Legislation is the most important drivers of supply chain; a firm should follow the legislation, or exit the market. Legislation may be in form of general environmental laws (Fleischmann et al., 1997; Georgiadis and Vlachos, 2004; and Van Nunen and Zuidwijk, 2004), or it maybe specific, for example mandating a given recycled content in new products (Krikke et al., 2004) or pinpointing End Of Life (EOL) take-back responsibility (Krikke et al., 2004). Legislation in turn may be driven by issues like government's concern for environmental degradation, public opinion or pressure, lobbying by interest groups, shortage of resources, preferred modalities of a nation's development, which may also, in turn, act directly as drivers for a business firm. Reference: 1. Mann, Hanuv; Kumar, Uma; Kumar, Vinod; Mann, Inder Jit Singh. “Drivers of Sustainable Supply Chain Management.” Iup Journal of Operation...

Words: 2051 - Pages: 9

Premium Essay

Mike

...Describe the role of information technology in a supply chain. Chopra & Meindl (2013) asserts that information is crucial to the performance of a SC because it provides the basis on which SC managers make decisions. Chopra et. al (2013) goes on to say that IT consists of the tools uses to gain awareness of information, analyze the information, and execute on it to improve the performance of the SC. In order to support SC decions, information must have the following characteristics (Chopra et. al 2013): • Information must be accurate - Without a 360-degree multi-spectral view of the operational status & health of the SC, then managers cannot make informed decisions to improve SC performance. The other important piece of this is that the artificial intelligence component of the SC (Intuitive Human-Machine Interface) is only as accurate as the information inputs from people. If network partners provide information that is not accurate & truthful, then SC managers will attempt to solve problems and systemic issues with only a partial view of the situation, thereby, potentially compounding the problem instead of fixing it. • Information must be accessible in a timely manner - As a former manufacturing engineer, I sometimes found myself in situations where the managers instructed us to make certain problems go away, but without providing us with enough information so that we could begin assembling a viable engineering solution. My thought at the time was, “how can I apply...

Words: 1392 - Pages: 6

Premium Essay

Bandra Worli Sea Link

...Why not share! Share Email Prodt& Opt Mgmt by ahmad bassiouny Ppt 42492 views Production and operation management... 3503 views by MBA CORNER By Ba... «‹›» 16 /99 Like Share Save Supply chain by Aknath Mishra management in alumini... 599 views by Jay Parekh Material management jay 2106 views by iaeme Success factors enhancing business ... 186 views by iaeme Success factors enhancing business ... 446 views by Hoang Vuong M Sc Pm Lecture No 4 Risk 839 views by SoftTech Engineers Opticon brochure 410 views by shalmolo Erp Solutions 552 views by shalmolo Erp Solutions(2) 329 views by iCognitive Supply... iCognitive Training & Workshop Cata... 429 views by Green Internation... 01 Corporate Profile Green Intl_PM ... 250 views Related M ore Prodt& Opt Mgmt Ppt 0 42492 views Infrastrcture project management Show more Like Follow 0 Tw eet 0 by SanjeevDeshmukh on Sep 15, 2013 331 views Like Production and operation management ppt @ bec doms bagalkot 3503 views M anaging infrastructure projects requires a professional orientation, especially so in developing economies like India. Herein a materials management and suppl chain management orientation is taken to ... No comments yet S haily S anghavi Like S upply chain management in aluminium smelters 599 views Post Comment Like Subscribe to comments Material management jay 2106 views Like Infrastrcture project management Presentation Transcript S uccess...

Words: 4132 - Pages: 17

Premium Essay

Business

...ssing strategic alliances – both with traditional supply chain partners as well as with long-time competitors. As well, it has proved its worth at companies far removed from the relatively slow-clockspeed, manufacturing-intensive automotive industry. This paper describes the analysis process, the decision model, and the resulting improved process for value chain strategy at GMPT. The value analysis process emphasizes the need to balance quantitative financial considerations with less-easily quantifiable strategic issues. This model not only provided key decision support for value chain strategy, but also formed the foundation of a fast-response capability to emergent and disruptive strategic challenges. We describe why such a capability is of critical importance not only to companies such as General Motors, buy also to companies in very fast clockspeed industries such as on-line music and entertainment. Arvin Mueller, Group Vice-President of GM Powertrain from 1997 through 2001, comments on the Value Chain Strategy and its role in the strategic governance of GM’s global powertrain operations: Without a structured process for value chain strategy and formation, dealing with a rapidly changing business model in a huge, complex, and global industry provides only a hit-or-miss destiny. A systems approach to value chain strategy led to a partitioning of “Knowledge Assets” and “Supply Capabilities” within the vast business of engineering and manufacturing engines, transmissions...

Words: 6946 - Pages: 28