Value Chain
Essay by never mind • December 1, 2017 • Essay • 310 Words (2 Pages) • 914 Views
Page 1 of 2
Aberilla, Jufiel
Ayson, Shayne Anne
Oca, Cherry Feb L.
COSMETICS INDUSTRY
VALUE PROPOSITION
We devote in delivering a 5 in 1 benefit cosmetics formulated with 90% natural ingredients and minerals that provides a 24/7 soothed, nourished, sunscreen protected (SPF 40) skin that also minimized pores and whitens skin for a youthful radiant skin.
PROFIT PROPOSITION
- Good social media linkages
- Minimize labor production and capitalize with overhead
- Establish e-commerce dealing site
UNIQUE-SELLING PROPOSITION
- Strict compliance of necessary standards for production and commercial use
- High investment on packaging and design
- Finest natural ingredients for cosmetics from primary producers
VALUE CHAIN
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Information needs for the following activities:
Inbound Logistics
- Feasible natural ingredients to use
- FDA and DOH regulations regarding the ingredients to be used of cosmetics
- Prospect suppliers of raw materials and machineries
- Suppliers and their location relative to location of factories to facilitate efficient and low-cost transportation of raw materials
Manufacturing
- FDA regulations regarding the production of cosmetics
- Safety measures to be observed within the factory
- Extent and concentration of product line and specialization
- Product and service design, product differentiation and packaging
Outbound Logistics
- Feasible target market
- Distribution strategy: centralized or decentralized distribution
- Location of warehouses and distribution outlets relative to target market
Sales and Marketing
- Prices of competitors
- Target market and its buying behavior
- Competitive advantage and unique product characteristics
- Effective advertising and promotion techniques
Services
- Customer needs and preferences
- Feedback and suggestions channel for customers
- Feasible add-on services to offer for every cosmetics
Firm Infrastructure
- Machineries and workers needed
- VMGO statement
- Applicable business and organizational structure
- Appropriate facility layout
Human Resource Management
- Internal rules and regulations
- Effective reward and reinforcement system
- Job descriptions and specifications
- Scheduling of seminars, trainings and workshop
Technology Development
- Innovations and breakthroughs in the cosmetics industry
- Feasibility research of incorporating natural ingredients on make-up products
- Applicable information system and network topography
- Monitoring and safeguarding methods on assets susceptible to fraud
Procurement
- Prospects resellers
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