The Value Chain concept, first described by Dr. Michael Porter in 1985, is a series of actions that a firm—in a specific industry—accomplishes to produce a valuable product or service for the market. The value chain notion visualizes the process view of an organization, perceiving a manufacturing or service organization as a system comprised of […]
Tag Archives | Inbound Logistics
Strategy Classics: Porter’s Value Chain
Contributed by Mark Bridges on February 27, 2020 in Operations & Supply Chain, Strategy, Marketing, & Sales