Value Chain Management versus Supply Chain Management?

      
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			            	Ashveen
			            
Value Chain Management versus Supply Chain Management?

	          		What is the relationship between Supply Chain Management and Value Chain Management? How are they interdependent?
				      
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						            	Elias
												
				                Value Chain and Supply Chain

													The value chain of an individual company is normally part of the total supply chain of value-creating activities.

While Porter's value chain concept decomposes all activities of one firm into its parts and analyses each individual activity and their interdepencies, the supply chain concept tries to optimize the supply system as a whole by taking into account the interdependencies between the activities in multiple firms.
				                
						            	Hannie
												
				                Value System

													A firm's value chain is embedded in a larger stream of activities that Porter terms the Value System. This value system comprises the Supplier Value Chains, the Firm Value Chains, Channel Value Chains and Buyer Value Chains.

Gaining and sustaining competitive advantage depends on understanding not only a firm's value chain but how the firm fits in the overall value system.
				                
						            	RAUL BALDACCI
Manager, Argentina
												
				                Value Chain and SCM Emphasis

													But the emphasis should always be on the customer  (...)
				                
						            	Paul
												
				                Supply Chain Analysis does not stop at company borders

													Improvements of the overall supply (value) chain m (...)
				                
						            	Badi
												
				                Value Chain driver of SCM

													Remember that value chain is the driver behind the (...)
				                
						            	Anonymous
												
				                Value Chain is the Value Creation Model, SCM is an Information System Tool

													Value Chain is focusing on analyzing and designing (...)
				                
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