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What is Value Chain Value Chain Definition, its Management and Analysis

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Video Details

Duration: 3 minutes and 51 seconds
Country: Andorra
Language: English
License: Dotsub - Standard License
Genre: None
Views: 45
Posted by: warrenavery926as on Jun 26, 2016

Let us start this topic with the understanding of What is Value Chain? A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market, and also defined as "A high-level model of how businesses receive raw materials as input, add value to the raw materials through various processes, and sell finished products to customers". Aside from the Value Chain Definition, there are some other aspects of supply chain management that should be highlighted in this lecture.

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