no different it's the same
Objective of a Supply Chain • Maximize overall value created • Supply chain value: difference between what the final product is worth to the customer and the effort the supply chain expends in filling the customer's request • Value is correlated to supply chain profitability (difference between revenue generated from the customer and the overall cost across the supply chain) • Sources of supply chain revenue: the customer • Sources of supply chain cost: flows of information, products, or funds between stages of the supply chain • Supply chain management is the management of flows between and among supply chain stages to maximize total supply chain profitability
Supply chain is the set of activities and resources that moves products from suppliers to customers. Supply chain management is the collaboration of firms to leverage strategic positioning and improve operating efficiency bringing value to customers.
Supply management are the methods of modern corporate or institutional buying. Supply chain management is the management of the flow of goods, including raw materials, inventory and finished goods.
Value chain management provides several organizational benefits, including enhanced operational efficiency by streamlining processes and reducing costs. It fosters better collaboration and communication across departments, leading to improved product quality and customer satisfaction. Additionally, effective value chain management can enhance competitive advantage by enabling organizations to respond more quickly to market changes and customer demands. Ultimately, it supports strategic alignment and the optimization of resources throughout the organization.
One can purchase a Starbucks gift certificate from any local Starbucks branches. They are all offered at a different range of price, depending on the value of the Starbucks gift certificates. Apparently, eBay also sell the Starbucks gift certificates.
At close of business on June 15, 2011, the value of Starbucks stock was $34.86 per share. This was a decrease of a little over 1% from the previous day.
The stock value of Starbucks has traded between 20 to 30 dollars since the beginning of 2011. Starbucks predicts that during this fiscal year they will earn around 1.50 per share due to increased costs hitting profit margins.
To get an approximate value to the real one because there are many systematic and random uncertainties
Profit Margins Are Increased when an effective value chain is created.
The entire description can be found at:http://www.netmba.com/strategy/value-chain/ The APA reference for this site is: Net MBA, (2007). The value chain. Retrieved December 20, 2007, from Net MBA Web site: http://www.netmba.com/strategy/value-chain/
Value chain analysis is the process to determine which process of production is increasing the value of product and which is not so that the product manufacturing cost can be reduced by eliminating that process from the production chain.
As a general rule the longer the carbon chain the greater the Rf value.
The virtual value chain differs from the conventional value chain primarily in its focus on information and digital processes rather than physical goods. While the conventional value chain emphasizes the sequential steps of production, logistics, and sales of tangible products, the virtual value chain incorporates activities such as data collection, analysis, and digital distribution. This shift allows for enhanced efficiency and responsiveness to customer needs through technology, enabling businesses to create value in a more agile and innovative manner. Ultimately, the virtual value chain highlights the significance of information as a critical asset in modern economies.
customers
VALUE CHAIN IS BASICALLY STARTING FROM PROD'N TO REACHING THE OFFERING GOODS TO THE END CONSUMER .
tom clewlow