The value network or the value chain as it is commonly called is the full range of activities that the organizations do to get a product from its conception to its end use and beyond. This includes actions right from design, production, marketing, distribution and support to reaching it to the consumer. The value network has been evolved beyond individual firms. It can apply to whole supply chain and distribution networks. The delivery of products and services to the end customer mobilizes different economic factors, each having its own value network.
In today’s highly competitive, complex and volatile business environment, it is extremely difficult to achieve optimum control and efficiency in a value network made up of your partners and their relevant systems. A value network is multi enterprise and spans over the industries of the numerous e-commerce partners that participate in an end-to-end collaboration.
Effective collaboration is important across value network for hyper connected organizations as processing of the majority of the company’s assets and added value is done by business partners. IT is changing the way businesses are collaborating with business partners.
Traditional methods and tools are not sufficient to manage the widely-distributed, business-critical resources in the value network. There are immense challenges that businesses have to face:
Cloud computing today enables companies to take control of, and manage, their value networks. Today’s businesses use Cloud Processes that integrate and automate the business processes network across partners and the systems they use. This gives end-to-end visibility of the entire value network based on real-time information and access to all key master information, whether it resides inside or outside your own network.
Advantage of Cloud Processes for the Value Network
Maximize your Value Network, strengthen the free movement of people, goods, capital, and services in the global marketplace; independent of language, geography, or business sector; with the use of Cloud Processes.
Also read on: After sales service, order fulfillment process
In today’s highly competitive, complex and volatile business environment, it is extremely difficult to achieve optimum control and efficiency in a value network made up of your partners and their relevant systems. A value network is multi enterprise and spans over the industries of the numerous e-commerce partners that participate in an end-to-end collaboration.
Effective collaboration is important across value network for hyper connected organizations as processing of the majority of the company’s assets and added value is done by business partners. IT is changing the way businesses are collaborating with business partners.
Traditional methods and tools are not sufficient to manage the widely-distributed, business-critical resources in the value network. There are immense challenges that businesses have to face:
- Poor transparency
- Difficulty in synchronization of activities that leads to rising costs.
- Lack of Synchronization in the type of ERP system that should be used across partners
- Relying on IT-supported manual administration
- Lack of responsibility of products far beyond the point of sale
Cloud computing today enables companies to take control of, and manage, their value networks. Today’s businesses use Cloud Processes that integrate and automate the business processes network across partners and the systems they use. This gives end-to-end visibility of the entire value network based on real-time information and access to all key master information, whether it resides inside or outside your own network.
Advantage of Cloud Processes for the Value Network
- Essential business information readily available to all authorized constituents across the Value Network.
- Provide the end-to-end visibility of real-time business information at the operational, tactical, and strategic levels.
- Provides business process agility necessary to cope with today’s volatile, complex, and super interconnected globalized markets.
- Cloud Processes can be custom-built to specific customer requirements.
- Take responsibility for many of their products far beyond the point of sale. In some cases, they are responsible for the recycling and return of worn out goods.
Maximize your Value Network, strengthen the free movement of people, goods, capital, and services in the global marketplace; independent of language, geography, or business sector; with the use of Cloud Processes.
Also read on: After sales service, order fulfillment process
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