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Ashveen, Mauritius
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Value Chain Management versus Supply Chain Management?
What is the relationship between Supply Chain Management and Value Chain Management? How are they interdependent?
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Here we exchange knowledge and experiences in the field of Value Chain (Porter).
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Elias, Israel
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Value Chain and Supply Chain The value chain of an individual company is normally part of the total supply chain of value-creating activities.
While Porter's value chain concept decomposes all activities of one firm into its parts and analyses each individual activity and their interdepencies, the supply chain concept tries to optimize the supply system as a whole by taking into account the interdependencies between the activities in multiple firms.
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Hannie, Netherlands
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Value System A firm's value chain is embedded in a larger stream of activities that Porter terms the Value System. This value system comprises the Supplier Value Chains, the Firm Value Chains, Channel Value Chains and Buyer Value Chains.
Gaining and sustaining competitive advantage depends on understanding not only a firm's value chain but how the firm fits in the overall value system.
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RAUL BALDACCI
Manager, Argentina
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Value Chain and SCM Emphasis But the emphasis should always be on the customer for both perspectives.
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Paul, Netherlands
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Supply Chain Analysis does not stop at company borders Improvements of the overall supply (value) chain may result from either inside the company or from linking the activities among the firms (suppliers, buyers, customers, partners, etc.) in an effective way.
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Badi, Sweden
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Value Chain driver of SCM Remember that value chain is the driver behind the SCM discipline - its main motivator.
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Anonymous
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Value Chain versus Supply Chain Value Chain is a strategic value creation model; SCM is an information system and collaboration philosophy.
Value Chain analysis is focusing on designing the way how the value is created for the firm.
SCM is an overarching approach including information systems for managing the relationships among the organization and its buyers, suppliers, distributors, retailers.
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