Daily practice lead me to sharing my thoughts with you on the difference between a value chain and a supply chain. I noticed that these terms are used in all types of contextual discussions and I thought you might like my take on it.
A supply chain refers to the series of activities involved in bringing a product or service from its conception to delivery to the end customer. It typically involves the sourcing of raw materials, manufacturing, distribution, and logistics.[Read more…] about Value Chain And Supply Chain, The Difference Explained