Several Problems That Should Be Paid Attention To In Value Chain Management

Whether or not a business activity in an enterprise creates value requires the help of some methods of financial accounting analysis, income and cost ratio, internal performance measurement, and the impact of supply on the efficiency. This calculation of the index has a unique condition for the chief financial officer, and is also one of the chief financial officer's job performance.

The same industry, different enterprises, the value chain of the same products may be different, each enterprise has its own characteristics, each has its own unique advantages, and there are different ways of value-added from other enterprises. As the chief financial officer in charge of enterprise value management, we should seriously analyze the enterprise value chain, find out the core value chain belonging to the enterprise, improve the inferior value chain, prevent the occurrence of ineffective behavior, and so on. All these are the tasks that the chief financial officer should do.

The author thinks that the following aspects should be paid attention to in the management of enterprise value chain.

According to the relative independence of the economy and technology, the business process can be divided into several sections. Enterprises certainly hope that each segment can bring value-added to the enterprise, but there are always several things that do not meet the value-added requirements of the value chain in each enterprise. For example, the inventory of the enterprise, whether it is raw material or finished products, the stock can neither increase the value of the inventory (except the abnormal fluctuation of inventory value), nor will it reduce the cost, nor improve the product quality of the enterprise. Unreasonable capital occupation will only increase the cost of the enterprise, and will not bring about the increment.

And so on, we need to analyze carefully according to the situation of enterprises and carry out the necessary compression.

Each industry has the characteristics of each industry, each enterprise has its own space scope. Different enterprises, their profit patterns are different. Some of them are in the supply chain, some in technology, some in channels, some on products, some on brands, and others in the supply chain.

Enterprises should analyze industries and industries and find their own core value chains according to their own resources and characteristics.

3, apply superior financial resources to the core value chain of an enterprise.

If a company wants to survive well, it does not necessarily mean that every job is perfect, but it must do its job well in the core value added business of the enterprise. It will apply the limited advantage resources, including financial resources and human resources, to other enterprises' core value added businesses, and make the core value-added business perfect.

4, value chain management can not ignore the basic work of enterprises.

From the value chain, perhaps a business is the core business of the enterprise value chain, but after all, the value chain is a whole. Every link from R & D to after sales service must be guaranteed. If one of the rings is missing, the whole value chain will be broken. Therefore, besides grasping the core value chain, other links should not be neglected.

Each industry has its own industry characteristics. The value distribution of each enterprise's value chain in the same industry may be different. The resources of enterprises are limited. The CFO should find out the core value chain suitable for the development characteristics of enterprises according to the possession of financial resources of enterprises, discover and manage it, and make unremitting efforts to maximize the value of enterprises.