An organization adds value to its strategic position by the value chain analysis. Value chain analysis has primary activities and the support activities. The primary activities are the first and foremost steps taken by the company and the secondary activities or the support activities are there to support or help the primary activities.
The primary activities of the value chain analysis have 5 major areas. To support these areas we have 4 support activities and Next Plc.’s value chain analysis is as follows:
Inbound logistic of the Next Plc. has very good controls. There is proper check on the receipt of material; the raw material is stored and distributed on by authorized personals of Next Plc.
Operations the operations of Next Plc. are performed under strict supervision and control. Next Plc. ahs special training programs for its worker so that the work performance and quality does not suffer.
Next Plc. Company is in a quite sustainable in its strategic position. The Next Company has good strategic plans and it is able to implement these plans in a proper direction. Not only this as we have seen with the amount of growth achieved by the company in just a few decades. It would not be wrong to say not only the strategic policy formation is good by the implementation and its control and monitoring of the strategic plans is also very effective and efficient. The company is aiming to expand its business to other countries and nations. Latently the company has declared an interim dividend up to 10 % and the revenue has increased by 3.6 % in just the last half year. The share price of the company is quite stable. Total profits of the company before tax have gone up by around 8.5%.