Enhancing Business Analysis Through Managerial Decision Analytics in Global Value Chains

Haoying Li ()
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Haoying Li: The University of Melbourne

A chapter in Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024), 2024, pp 120-126 from Springer

Abstract: Abstract In the contemporary era of globalization, the strategic inclusion of business analysis and managerial decision analytics stands as a vital cornerstone for optimizing global value chains. As organizations grapple with the intricacies of an ever-evolving and interconnected global marketplace, the imperative to harness data-driven insights and to make well-informed decisions has never been more crucial. This paper focuses on dissecting the methodologies and analytical tools that underpin business analysis and decision analytics, shedding light on their potent role in augmenting the efficiency, resilience, and competitive edge of global value chains. By conducting an extensive literature review and synthesizing a diverse array of real-world case studies and industry best practices, the study furnishes a broad spectrum of insights applicable to multinational corporations, small and medium-sized enterprises, and policy makers tasked with steering organizations through the labyrinth of global value chain management challenges and prospects. The paper underscores the transformative impact that sophisticated analytical frameworks can have on an organization’s ability to adapt, compete, and thrive in the global marketplace, ultimately contributing to a more robust and dynamic international economic environment.

Keywords: Business Analysis; Managerial Decision Analytics; Global Value Chains; Data-Driven Decision-Making; Supply Chain Optimization (search for similar items in EconPapers)
Date: 2024
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DOI: 10.2991/978-94-6463-459-4_15

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