Value Chain

Value Chain

Explain what is meant by the term “value” in a supply chain. How can it be best measured in a supply chain? How does increasing value in a supply chain help align supply chain operations to the business mission?



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Explain what is meant by the term “value” in a supply chain

            Supply chain is a procedure that consist a lot of critical factors. One of the processes is value that is viewed in different categories and form. For instance, shareholders are the most important for the financial wellness of an organization. Their value in any organization can be created at any time by following legal processes (Hoover, 2001).  As a matter of fact, the best option, of creating stockholder’s value, is when their…


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