Home
Deutsch space Search  Search
IMP THINKTANK    CONSULTING    IMPULSES    NETWORK   
IMP
space
space
space
 
space
 
space
 
space
 
space
 
space
 
space    
space
space
   
space
space
space
 
 

ABOUT VALUE CHAIN EXCELLENCE

________________________________________________________________

Or: Value chain logic in the future

________________________________________________________________

IMP is a pioneer in designing sustainable added value concepts for and between companies in the areas of PURCHASING, LOGISTICS, SUPPLY CHAIN MANAGEMENT and PRODUCTION.

Our active role in projects and studies on the subject of VALUE CHAIN LOGIC FOR THE FUTURE guarantees that our clients get direct access to the latest empirical findings as well as benefit from new thought patterns and perspectives that go beyond standard industry solutions.

Our direct contact with the best experts and specialists in the world also ensures that our own IMP expertise is supplemented by relevant external input.



Enlarge graphic >>

 Whenever added value is addressed, it is done so in the context of overall system improvement. CHEAPER, BETTER and/or FASTER has always been the way to achieve competitive advantage throughout the value chain. But in the future this won't be enough to build and maintain that competitive advantage.

________________________________________________________________

Integrated value chains are dissolving, corporate boundaries are disintegrating and industry lines are blurring...

________________________________________________________________

Given this context, working WITHIN the value chain is no longer enough. We actually have to CHANGE the overall system. Value chain logic itself is transforming from something that is optimized into something that is designed. The following questions will need to be answered:

  • What role can we play in these new areas of the value chain (e.g. innovator, imitator, orchestrator, producer, specialist, etc.)? And what roles do we want to play?
  • How does the company’s value chain architecture need to be designed in order to create meaningful competitive advantage given the changing conditions of the market?


VALUE CHAIN EXCELLENCE
The value chain logic of the future is focused, open and networked



WHY FOCUSED?

The more intense the competition, the more important the focus. Success increases with the quality of answers to the question, "What do we want to do perfectly and what do we want to sacrifice in order to do that?" The point is to concentrate available energy in the future on what is essential in order to focus those forces more effectively than the competition at the right times. Constantly balancing the "core" and "non-core” is the secret to successfully designing sustainable value chain logic. It follows that VALUE CHAIN EXCELLENCE means increased FOCUS.


WHY OPEN?

The only way to constructively answer the question of proper focus is if a company is truly able to anticipate the interplay of forces (value chain logic) in the industry at hand. Only companies that willingly open themselves to systematic evaluation will be able to recognize and benefit from the opportunities and risks that are revealed. VALUE CHAIN EXCELLENCE represents an OPENNESS that focuses on (possible) newly emerging arenas where value can be added in a particular industry.


WHY NETWORKED?

OPENNESS provides clarity regarding where focus should be placed and shows where completely new connections need to be made within an industry. The future won't feature individual companies that succeed. Instead, networks of players that share a common value chain will thrive. The artistry here will lie in being part of a network while maintaining your company identity. A decisive factor in staying competitive won't just be efficiency, but the degree to which a company can create something unique for customers as part of a network.

VALUE ADDED EXCELLENCE here means the art of NETWORKING.

NETWORKING COMPETENCE
as a critical factor for success

Efficient use of internal and external know-how in collaborative network structures will be increasingly required as a core competency. It provides companies with the chance of embracing, to a previously unrivaled degree, the concept of collective intelligence – the bundling of know-how and expertise from a diverse group of individual entities.

By optimizing the network structure, decentralized knowledge can be bundled and collectively implemented. This reduces redundancies, shortens time-to-market phases, and exploits synergies in employee competence. It leads to more efficient allocation of resources and reduces costs. It helps companies more quickly anticipate future market developments and establish a proactive culture of innovation. But building a network and, more importantly, creating a networking culture is not achieved overnight. It is therefore vital to begin this transformation in order to ensure sustainable competitive advantages.

Many innovative companies have already begun successfully implementing the methods of collective intelligence and thus profiting from the aggregated know-how of its employees and external business partners.

 

space
space
space

 

 

space
space
spaceHomespaceContactspaceTerms & conditions