értékláncon

Értékláncon is a Hungarian term that translates to "value chain" in English. It refers to the full range of activities required to bring a product or service from conception, through the different phases of production (involving a combination of physical labor, raw materials, and machinery), delivery to final consumers, and eventual disposal. The concept emphasizes the interconnectedness of these activities and how each step can add value to the final offering.

Businesses often analyze their value chain to identify core competencies, areas for improvement, cost-saving opportunities, and competitive advantages. By understanding where and how value is created, companies can optimize their operations, streamline processes, and better meet customer needs. This analysis typically includes primary activities such as inbound logistics, operations, outbound logistics, marketing and sales, and service, as well as support activities like procurement, technology development, human resource management, and firm infrastructure.

The concept of the value chain was popularized by Michael Porter in his 1985 book "Competitive Advantage: Creating and Sustaining Superior Performance." It's a fundamental tool in strategic management, helping businesses to differentiate themselves and achieve a sustainable competitive edge by effectively managing and optimizing each link in the chain. Understanding the értékláncon allows for a holistic view of business operations and strategic decision-making.