What's the difference between the Supply Chain and the Value Chain?
Am I right in thinking that an optimised supply fasten become a convenience fasten?
Answers:
The jargon are a bit 'generic' (see definitions), however these are two different ways to look at essentially duplicate article ..
So surrounded by standard I would enunciate 'no'.
If you pinch the Supply Chain focus, optimisation might in truth COST you money = for example, you might desire to service the customer faster by building a contemporary warehouse so you can hold more stock thus allowing direct abdication ..
However the Value Chain puts the focus on where on earth the VALUE is added to the product .. so here you might prefer to close the warehouse (no added value) and adopt a 'build to instruct' approach ..
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Stock MArket ??
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Answers:
The jargon are a bit 'generic' (see definitions), however these are two different ways to look at essentially duplicate article ..
So surrounded by standard I would enunciate 'no'.
If you pinch the Supply Chain focus, optimisation might in truth COST you money = for example, you might desire to service the customer faster by building a contemporary warehouse so you can hold more stock thus allowing direct abdication ..
However the Value Chain puts the focus on where on earth the VALUE is added to the product .. so here you might prefer to close the warehouse (no added value) and adopt a 'build to instruct' approach ..