The value chain at Siemens company

The value chain at Siemens is distinctive. A distinctive value chain is where companies conduct different activities than competitors or perform the same actions differently. Siemens has an additive manufacturing process that allows flexible manufacturing of components containing new topologies with less weight and material (Siemens Sustainability Report, 2020). The tradeoff is where an organization foregoes some product features or services to be distinctive from others. Siemens has separated some of its sections as a separate business in what is known as a spin-off. Spin-offs increase returns for shareholders because independent corporations can focus more on products and services. The spin-off of Siemens has benefitted the company by reducing its liabilities and equities by 123 897 million in 2020 (Siemens, 2020). Siemens company has developed joint activities that enhance each other. For example, the company’s research and development align research and strategies and ensure and that company’s units gain success faster in technological innovations (Siemens, 2020). Siemens has built strong relationships with its customers because customers are at the center of their business. The company offers customers products, services, and solutions that meet their demands and changing market demand

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