The value chain technology and its role in reducing the cost of the product : An applied study at the General Company for the automobile and equipment industry - the mechanical factory

Abstract

The product of the Iraqi industrial companies faces intense competition in the market for
several reasons, the most important of which is its high cost compared to foreign products
in addition to the weak government support for national products, which led to its decline
and its inability to compete, so the research aims to show the knowledge bases of the
value chain technology, while showing the role of chain technology The value in reducing
costs, and the research was based on a basic hypothesis that: (value chain technology
plays an essential role in reducing costs), and the most important findings of the research
are that the value chain analysis is an organized process that permanently improves the
value and excludes the costs of unnecessary activities That does not add value to the
customer, in order to reduce costs while taking into consideration maintaining the
required quality level and maximizing the perceived value of the customer.