The-definition.com

Definition

Value chain management

Value chain management is the process of managing the sequence of activities and information along the entire value chain. In contrast to supply chain management which is internally oriented and focuses on efficient flow of incoming materials (resources) to the organization, value chain management is externally oriented and focuses on both incoming materials and outgoing products and services.

Share it:  Cite

More from this Section

  • Shaping behavior
    Shaping behavior is a process of guiding learning in graduated steps, using reinforcement ...
  • Weakness
    A limitation or deficiency in one or more resources or competencies relative to competitors ...
  • Grand strategy selection matrix
    One valuable guide to the selection of a promising grand strategy is the grand strategy ...
  • CCC21
    A world famous, cost-oriented continuous improvement program at Toyota . ...
  • Need for power
    Need for power, which is the need to make others in a way that they would not have behaved ...