April 2024
Intermediate to advanced
998 pages
14h 52m
English
A value chain is a set of activities which are linked with one another, and these activities create value. Supply chain is nothing but value chain, a set of value creating activities. Value chain activities begin with procurement of raw materials from vendors and end with distribution of product and/or services to customers, or customers’ group or end consumers. A value chain analysis evaluates a firm in the context of its value-creating activities.
An organization derives its value from value adding activities. These value adding activities are such as designing, manufacturing, marketing, sales, delivering, etc. Of course, along with these activities, there are ...