How to Use Value Chain Analysis
Part 1: What is Value Chain Analysis?
A value chain is used in business to give a visual model all of the activities that take place for a product to be created from beginning to end, including its design, production, and distribution stages.
A value chain analysis is done by determining what the business's primary and support activities are, conducting a cost-benefit analysis of the activities, and identifying opportunities for gaining a competitive edge.
Businesses can use the information obtained from this analysis to determine ways to gain a competitive advantage and increase their profits by operating more efficiently.
Part 2: How to Make a Value Chain Analysis Diagram Effortlessly?
How to make a value chain analysis diagram easily? Using EdrawMax to create your own value chain analysis diagrams.
Step 1: Open EdrawMax desktop software or EdrawMax web-based application.
Step 2: Navigate to [New]>[Strategy and Planning]>[Value Chain Analysis]
Step 3: Select one value chain analysis diagram template to edit on it or click the [+] sign to start from scratch. Also, you can use massive value chain analysis diagram symbols and elements from libraries in left menu to customize your value chain analysis diagrams.
Step 4: Once finished your creation, you can export the file in multiple formats, including Graphics, PDF, editable MS Office file, SVG and Visio vsdx file.
Step 5: Besides, you can share your value chain analysis diagram with others via social media and web page. Or publish your value chain analysis diagram in EdrawMax template gallery to show your work with others.
Part 3: Value Chain Analysis Diagram Example
Value Chain Analysis
Here is an example of value chain analysis, which is a tool for analyzing the inner activities of a company. The inner activities include primary activities and support activities.
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Part 4: Conclusion
According to this article, there are mainly four parts to illustrate what is value chain analysis, to tell you how to create value chain analysis diagram, and to show you a value chain analysis diagram example.
EdrawMax is an easiest all-in-one diagramming tool, you can create value chain analysis diagrams and any other type diagrams with ease! With substantial value chain analysis diagram symbols and cliparts, making value chain analysis diagrams could be as simple as possible. Also, it supports to export your work in multiple formats and share your work with others. Get started to create your value chain analysis diagrams now!