Value chain in the construction industry - Revision history

Designing Buildings at 09:24, 12 December 2024

2024-12-12T09:24:19Z

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	NB [https://www.bsigroup.com/en-GB/standards/pas-2080/ PAS 2080:2023 Carbon management in buildings and infrastructure, second edition], published by The British Standards Institution in March 2023, defines value chain as: ‘organizations and stakeholders involved in creating, operating and managing assets and/or networks.’		NB [https://www.bsigroup.com/en-GB/standards/pas-2080/ PAS 2080:2023 Carbon management in buildings and infrastructure, second edition], published by The British Standards Institution in March 2023, defines value chain as: ‘organizations and stakeholders involved in creating, operating and managing assets and/or networks.’
		+
		+	[https://theiam.org/knowledge-library/asset-management-an-anatomy/ Asset Management – an anatomy, Version 4], published by The Institute of Asset Management in July 2024, defines value chain as “a set of activities that an organization carries out to create value for its customers”. Ref Porter, Michael E., “Competitive Advantage: Creating and Sustaining Superior Performance“. 1985

	= Related articles on Designing Buildings =		= Related articles on Designing Buildings =
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	* Equity and loan capital.		* Equity and loan capital.
	* Property development finance.		* Property development finance.
		+	* Supply chain.
		+	* Value.
	* Working capital.		* Working capital.

	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Definitions]] [[Category:Theory]] [[Category:Cost_/_business_planning]] [[Category:Procurement]] [[Category:Products_/_components]]		[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Definitions]] [[Category:Theory]] [[Category:Cost_/_business_planning]] [[Category:Procurement]] [[Category:Products_/_components]]

Designing Buildings at 09:55, 2 May 2023

2023-05-02T09:55:42Z

← Older revision		Revision as of 09:55, 2 May 2023
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	Companies gain competitive advantage by continually examining and improving their value chain and delivering maximum value while incurring minimum cost. They may examine their value chains (value chain analysis) to see where in their operations there are inefficiencies, then instigate measures to correct those inefficiencies and add further value (at the lowest possible cost) in order to maximise their operations and profitability.		Companies gain competitive advantage by continually examining and improving their value chain and delivering maximum value while incurring minimum cost. They may examine their value chains (value chain analysis) to see where in their operations there are inefficiencies, then instigate measures to correct those inefficiencies and add further value (at the lowest possible cost) in order to maximise their operations and profitability.

−	= Related articles on Designing Buildings ~~Wiki~~ =	+	NB [https://www.bsigroup.com/en-GB/standards/pas-2080/ PAS 2080:2023 Carbon management in buildings and infrastructure, second edition], published by The British Standards Institution in March 2023, defines value chain as: ‘organizations and stakeholders involved in creating, operating and managing assets and/or networks.’
		+
		+	= Related articles on Designing Buildings =

	* Balance sheet.		* Balance sheet.

Designing Buildings: moved Value chain to Value chain in the construction industry

2021-02-22T07:31:41Z

moved Value chain to Value chain in the construction industry

← Older revision

Revision as of 07:31, 22 February 2021

Designing Buildings at 07:28, 22 February 2021

2021-02-22T07:28:34Z

← Older revision		Revision as of 07:28, 22 February 2021
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	* Working capital.		* Working capital.

−	[[Category:~~Organisations~~]] [[Category:~~DCN_Organisation~~]] [[Category:Theory]] [[Category:Cost_/_business_planning]] [[Category:Procurement]] [[Category:Products_/_components~~]] [[Category:DCN_Product_Knowledge~~]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Definitions]] [[Category:Theory]] [[Category:Cost_/_business_planning]] [[Category:Procurement]] [[Category:Products_/_components]]

Designing Buildings at 15:32, 18 April 2019

2019-04-18T15:32:35Z

← Older revision		Revision as of 15:32, 18 April 2019
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	= Introduction =		= Introduction =

−	A value chain ~~comprises all the activities that must be performed~~ by ~~a firm~~ in ~~order to allow it to bring to market a product or service. These activities may include designing, manufacturing, marketing, sales, delivering~~ and ~~supporting the product~~ (~~after sales~~).	+	The term value chain was coined in 1998 by Harvard Business School professor Michael Eugene Porter in his book ‘Competitive Advantage: Creating and Sustaining Superior Performance’ (Free Press, 1985).

−	~~The type of~~ firm in ~~question could be one that produces an end~~ product ~~from processing a raw material~~ or it may ~~be a firm that buys from other manufacturers semi-processed goods~~ and ~~converts them into finished products. The efficiency with which~~ the ~~company carries out these tasks will determine its costs~~ and ~~profits~~.	+	It comprises all the activities that must be performed by a firm in order to allow it to bring to market a product or service. These activities may include designing, manufacturing, marketing, sales, delivering and supporting the product (after sales) and so on.

−	The ~~term value chain was coined~~ in ~~1998~~ by ~~Harvard Business School professor Michael Eugene Porter in his book ‘Competitive Advantage: Creating~~ and ~~Sustaining Superior Performance’ (Free Press, 1985)~~.	+	The type of firm in question could be one that produces an end product by processing raw materials or it may be a firm that buys from other manufacturers semi-processed goods and converts them into finished products. The efficiency with which the company carries out these tasks will determine its costs and profits.

	= The chain of activities =		= The chain of activities =

−	To get to market, a product or service will typically go through an ordered chain of activities and at each stage it will increase in value. For example, in the processing of raw materials, the value chain comprises all the steps involved in bringing the product from conception to distribution, which includes obtaining the raw material, processing and manufacturing, marketing and promotion. For instance, sawn timber in itself may not have ~~much~~ value, but it will increase in value as it goes through the various stages of cutting, treating, planing, shaping and assembly to ~~finally be shaped into a barrel – which can~~ then be marketed, sold and delivered.	+	To get to market, a product or service will typically go through an ordered chain of activities and at each stage it will increase in value. For example, in the processing of raw materials, the value chain comprises all the steps involved in bringing the product from conception to distribution, which includes obtaining the raw material, processing and manufacturing, marketing and promotion. For instance, sawn timber in itself may not have a high value, but it will increase in value as it goes through the various stages of cutting, treating, planing, shaping and assembly to then be marketed, sold and delivered.

−	Companies gain competitive advantage by continually examining and improving their value chain and delivering maximum value while incurring minimum cost. They may examine their value chains (value chain analysis) to see where in their operations there ~~exist~~ inefficiencies, then instigate measures to correct those inefficiencies and add further value (at the lowest possible cost) in order to maximise their operations and profitability.	+	Companies gain competitive advantage by continually examining and improving their value chain and delivering maximum value while incurring minimum cost. They may examine their value chains (value chain analysis) to see where in their operations there are inefficiencies, then instigate measures to correct those inefficiencies and add further value (at the lowest possible cost) in order to maximise their operations and profitability.

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =
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	* Property development finance.		* Property development finance.
	* Working capital.		* Working capital.
−	\|}

−	[[Category:Organisations]] [[Category:Theory]]	+	[[Category:Organisations]] [[Category:DCN_Organisation]] [[Category:Theory]] [[Category:Cost_/_business_planning]] [[Category:Procurement]] [[Category:Products_/_components]] [[Category:DCN_Product_Knowledge]]

Editor at 16:02, 16 April 2019

2019-04-16T16:02:43Z

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−	[[File:~~Chain~~.~~png\|link=File:Chain.png~~]]	+	{\|
		+	\| [[File:Barrels.jpg]]
		+	\|}

	= Introduction =		= Introduction =

Editor at 15:58, 16 April 2019

2019-04-16T15:58:49Z

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	\|width="100%"\|		\|width="100%"\|
−	[[File:Chain.png\|link=File:Chain.png]] A value chain comprises all the activities that must be performed by a firm in order to allow it to bring to market a product or service. These activities may include designing, manufacturing, marketing, sales, delivering and supporting the product (after sales).	+	[[File:Chain.png\|link=File:Chain.png]]
		+
		+	= Introduction =
		+
		+	A value chain comprises all the activities that must be performed by a firm in order to allow it to bring to market a product or service. These activities may include designing, manufacturing, marketing, sales, delivering and supporting the product (after sales).

	The type of firm in question could be one that produces an end product from processing a raw material or it may be a firm that buys from other manufacturers semi-processed goods and converts them into finished products. The efficiency with which the company carries out these tasks will determine its costs and profits.		The type of firm in question could be one that produces an end product from processing a raw material or it may be a firm that buys from other manufacturers semi-processed goods and converts them into finished products. The efficiency with which the company carries out these tasks will determine its costs and profits.

Editor at 15:57, 16 April 2019

2019-04-16T15:57:52Z

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	{\|		{\|
	\|width="100%"\|		\|width="100%"\|
−	[[File:Chain.png]]	+	[[File:Chain.png\|link=File:Chain.png]] A value chain comprises all the activities that must be performed by a firm in order to allow it to bring to market a product or service. These activities may include designing, manufacturing, marketing, sales, delivering and supporting the product (after sales).
−	A value chain comprises all the activities that must be performed by a firm in order to allow it to bring to market a product or service. These activities may include designing, manufacturing, marketing, sales, delivering and supporting the product (after sales).	+

	The type of firm in question could be one that produces an end product from processing a raw material or it may be a firm that buys from other manufacturers semi-processed goods and converts them into finished products. The efficiency with which the company carries out these tasks will determine its costs and profits.		The type of firm in question could be one that produces an end product from processing a raw material or it may be a firm that buys from other manufacturers semi-processed goods and converts them into finished products. The efficiency with which the company carries out these tasks will determine its costs and profits.

Editor: Created page with "{| |width="100%"| File:Chain.png A value chain comprises all the activities that must be performed by a firm in order to allow it to bring to market a product or service. The..."

2019-04-16T15:57:29Z

Created page with "{| |width="100%"| File:Chain.png A value chain comprises all the activities that must be performed by a firm in order to allow it to bring to market a product or service. The..."

New page

{|
|width="100%"|
[[File:Chain.png]]
A value chain comprises all the activities that must be performed by a firm in order to allow it to bring to market a product or service. These activities may include designing, manufacturing, marketing, sales, delivering and supporting the product (after sales).

The type of firm in question could be one that produces an end product from processing a raw material or it may be a firm that buys from other manufacturers semi-processed goods and converts them into finished products. The efficiency with which the company carries out these tasks will determine its costs and profits.

The term value chain was coined in 1998 by Harvard Business School professor Michael Eugene Porter in his book ‘Competitive Advantage: Creating and Sustaining Superior Performance’ (Free Press, 1985).

= The chain of activities =

To get to market, a product or service will typically go through an ordered chain of activities and at each stage it will increase in value. For example, in the processing of raw materials, the value chain comprises all the steps involved in bringing the product from conception to distribution, which includes obtaining the raw material, processing and manufacturing, marketing and promotion. For instance, sawn timber in itself may not have much value, but it will increase in value as it goes through the various stages of cutting, treating, planing, shaping and assembly to finally be shaped into a barrel – which can then be marketed, sold and delivered.

Companies gain competitive advantage by continually examining and improving their value chain and delivering maximum value while incurring minimum cost. They may examine their value chains (value chain analysis) to see where in their operations there exist inefficiencies, then instigate measures to correct those inefficiencies and add further value (at the lowest possible cost) in order to maximise their operations and profitability.

= Related articles on Designing Buildings Wiki =

* Balance sheet.
* Budget.
* Cash flow in construction.
* Cash flow projection.
* Construction organisations and strategy.
* Corporate finance.
* Equity and loan capital.
* Property development finance.
* Working capital.
|}

[[Category:Organisations]] [[Category:Theory]]