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The Application of Value Chain Analysis and Benchmarking in Cost Management

Hao Ran (), Shan Huang and Si-tong Guo
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Hao Ran: Jilin Architectural and Civil Engineering Institute
Shan Huang: Northeast Normal University
Si-tong Guo: Jilin Province Expressway Administration

A chapter in Proceedings of 20th International Conference on Industrial Engineering and Engineering Management, 2013, pp 765-776 from Springer

Abstract: Abstract Value chain analysis is a seeking tool for determining competitive advantage. It uses systematic methods to examine the activities and relationships of the enterprise to find the competitive advantage resources. Benchmarking is an evaluation of their own businesses and the mean to study other organizations. In this paper the value chain analysis and benchmarking can help managers to know which performance measures are most critical in determining their firm’s overall success. They are important for cost management.

Keywords: Benchmarking; Cost management; Future expectation; Value chain analysis (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-40072-8_77

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DOI: 10.1007/978-3-642-40072-8_77

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