Research On The Value Chain Management Of The Manufacturing Servitization

In the new round of technology revolution, the industrial economy gradually transfers to service economy. The successful transformation of manufacturing industry to implement service strengthening the servitization value chain management has become research hotspot. Under the background of manufacturing servitization, the value emphasis and strategic objectives of manufacturing enterprises have fundamentally changed. Meanwhile, enterprises' value chain has been reconstructed correspondently. With the increasing ability of manufacturing enterprises' servitization, the importance of the enterprise value chain management becomes more prominent. Therefore, this paper combining manufacturing servitization theory with value chain management theory, discusses the value chain management strategies in the transformation and upgrading of manufacturing servitization, defines the connotation and management system of chain management of manufacturing servitization, which have great theoretical significance for perfecting manufacturing servitization and value chain management system. Meanwhile, taking the case of manufacturing industry, this paper researches on value chain management in the transformation and upgrading of manufacturing servitization and proposes corresponding suggestions providing reference for the practice of transformation and upgrading of manufacturing industry in the future.Firstly this paper gives reviews of manufacturing servitization and value chain management, setting theoretical basis for subsequent qualitative analysis. Secondly, focusing on the evolution of value chain management of manufacturing servitization, the relationship between manufacturing servitization and value chain, then it defines the meaning of value chain management of manufacturing servitization and expounds the necessity and feasibility of value chain management of manufacturing servitization. Adhering to the construction ideas of value chain management system of manufacturing servitization based on construction principles of index system, this paper designs related indicators of value chain management system of manufacturing servitization and summarizes index analysis methods and models of value chain management system of manufacturing servitization, including principal component analysis and analytic hierarchy process analysis.Take the case of Baosteel Corporation, this paper conducts an empirical analysis on the value chain management of manufacturing servitization. Put five years data(2011-2015) of Baosteel Corporation into the value chain management index system of manufacturing servitization. Principal component analysis and analytic hierarchy process analysis show that Baosteel Corporation in the transformation and upgrading of manufacturing servitization has favorable development trend of value chain management, but still exists some problems. Then it puts forward relevant suggestions for the development of manufacturing servitization to improve the level of value chain management. Finally, this paper summarizes basic conclusions and research deficiencies of the whole text and proposes research prospects of value chain management of manufacturing servitization.