What is Value Chain Management? 7 Vital Benefits

Posted by Dave Kravitt, CPIM

“Competitive advantage cannot be understood by looking at a firm as a whole. It stems from the many discrete activities a firm performs in designing, producing, marketing, delivering, and supporting its product.” - Michael E. Porter, Harvard Business School Professor and originator of the Value Chain concept. 

In this blog, we take a look at Value Chain Management, a vital strategic concept for manufacturers today. 

Tags: Value Chain Management

What Are The Differences Between Value Chain Management and Supply Chain Management?

Posted by Dave Kravitt, CPIM

Quite often, the terms value chain management and supply chain management are used interchangeably. While they overlap and are ultimately complementary, they are in fact two separate yet critical terms that impact your organizational success.

Tags: Supply Chain Optimization, Value Chain Management