Value Chain Management (cont. Requirements for Value Chain Management -business modell-strategic design for how a company intends to profit from its broad array of strategies, processes,and activities Coordination and Collaboration-comprehensive and seamless integration among all members of the chain each partner must identify things that customers value requires sharing of information and being flexible Technology Investiment-information technology can be used to restructure the value chain to serve end-users enterprise resource planning software-links all of an organization's activities with trading network partners ©Prentice Hall,2002 19-12Value Chain Management (cont.) Requirements for Value Chain Management – business model - strategic design for how a company intends to profit from its broad array of strategies, processes, and activities – Coordination and Collaboration - comprehensive and seamless integration among all members of the chain • each partner must identify things that customers value • requires sharing of information and being flexible – Technology Investment - information technology can be used to restructure the value chain to serve end-users • enterprise resource planning software - links all of an organization’s activities with trading network partners © Prentice Hall, 2002 19-12