The Role of Value Chain Technique in Managing and Reducing Costs - An Applied Study in the Iraqi Company for Manufacturing and Marketing Dates
Author(s)
Fatimah M .kamil Mohammed , Dr. Ali Qasim Hasan Al-Obaidi ,
Download Full PDF Pages: 01-17 | Views: 40 | Downloads: 15 | DOI: 10.5281/zenodo.12800972
Abstract
The high level of competition in today's business environment has made Iraqi industrial business organizations face a challenge in maintaining their position in the market for several reasons, including weak government support for national products and their high cost compared to foreign products, which forces business organizations to search for different ways and technique through which they can compete. Value chain analysis is one of the best techniques that a company can rely on it in managing and reducing costs. The company has such value chain technology because of its role in keeping pace with developments and maintaining its competitive position. Therefore, in order to achieve the research objectives and verify the validity of its hypotheses, modern value chain techniques were adopted, the industrial sector was chosen as the research community and Iraqi Company for Manufacturing and Marketing Dates as a sample of study. The study concluded with a set of conclusions and recommendations, the most important of which is that value chain analysis contributes in reducing costs by separating between activities, demonstrating value-hosting and working to enhance them and excluding costs related to non-value-added activities. In addition, the research recommends applying modern techniques and methods related to cost reduction that are compatible with the ongoing developments in the environment surrounding the company’s work and that are compatible with the special cost structure.
Keywords
Value Chain, Modern Cost Techniques, Cost Reduction, Industrial Sector in The Republic of Iraq, Main and Support Activities.
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