IDEAS home Printed from https://ideas.repec.org/a/khe/scajes/v4y2018i2p146-151.html
   My bibliography  Save this article

The Smart Products Value Chain

Author

Listed:
  • Adriana Ungureanu

Abstract

The commercial niches cover national and international levels and should guide to responding the special human needs. For a value chain integration, a huge effort is dedicated to aware the idea or the concept in front of those who could be interested in. The separation of each type of activity follows the result of each segment and it leads to design the landscape of the revenue for every part. Sometimes the results are not in terms of money, they can be even entry barriers. This paper presents a case study as an example of integration for the first Romanian smart fabric SIDMAT 3 in an international value chain. The purpose of this research is to design the value chain for this smart-product. The cost calculation was helpful to catch the added-value during the production process. By collecting data directly from the company, the value chain was configured and the company position could be identified. To get a complete view of SIDMAT 3 market, we fulfilled information using the five forces Porter’s model. This analysis reveals that the position of SIDMAT 3 is strong now, but the geo-political context and the raw-materials supply could affect the success of this business. New discoveries could lead to new a competitor that is why the company concentrates all the efforts to develop the research activity. The position of SIDMAT 3 into the value chain could be affected by the raw materials (the most part is brought from abroad). Another weak point is the dependence on strategic customers, but generally this is a feature for a niche product. The integration of the SIDMAT 3 in the value chain is an example difficult to be followed, because it was a result of a chance to be in the right place and meeting the right people since it supposes a very difficult collaboration activity to be managed. Finally, the technology is the key that reconfigure the international market. When the advantage seems invincible, this is for a short time, since new discoveries can threat the company’s position into the value chain.

Suggested Citation

  • Adriana Ungureanu, 2018. "The Smart Products Value Chain," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 4(2), pages 146-151, June.
    • Handle: RePEc:khe:scajes:v:4:y:2018:i:2:p:146-151
    as

    Download full text from publisher

    File URL: http://www.ajes.ro/wp-content/uploads/AJES_article_1_178.pdf
    Download Restriction: no
    File URL: http://www.ajes.ro/wp-content/uploads/AJES_article_1_178.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Value chain; competitiveness; smart products; Porter?s model;
    All these keywords.

    JEL classification:

    • L67 - Industrial Organization - - Industry Studies: Manufacturing - - - Other Consumer Nondurables: Clothing, Textiles, Shoes, and Leather Goods; Household Goods; Sports Equipment
    • L69 - Industrial Organization - - Industry Studies: Manufacturing - - - Other
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:khe:scajes:v:4:y:2018:i:2:p:146-151. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Adi Sava (email available below). General contact details of provider: https://edirc.repec.org/data/ffucdro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.