Implementing a computer application to reduce non-value added paperwork and improve inventory tracking would result most directly from

Question

Quizplus · Accepted Answer

Value chain analysis examines the various activities involved in delivering a product or service to customers and identifies areas where value can be added or costs can be minimized. In this case, implementing a computer application to reduce non-value-add paperwork and improve inventory tracking would directly improve the efficiency and effectiveness of the value chain process. This would ultimately lead to cost savings and improved value for customers. Target costing, Kaizen costing, and life cycle budgeting may also lead to cost savings, but they do not specifically address the issue of non-value-add paperwork or inventory tracking.

Implementing a Computer Application to Reduce Non-Value Added Paperwork and Improve