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How Value Chains are overtaking Supply Chains


How Value Chains are overtaking Supply Chains

Transitioning from a traditional supply chain mindset to a value chain mindset enables professionals to optimize processes, enhance collaboration, deliver superior customer value, and achieve sustainable competitive advantage in today's complex and interconnected business landscape.


Transitioning from a traditional supply chain mindset to a value chain mindset enables professionals to optimize processes, enhance collaboration, deliver superior customer value, and achieve sustainable competitive advantage in today's complex and interconnected business landscape.

Holistic view

Traditional supply chain thinking often focuses on individual organizational functions or departments, leading to siloed decision-making. Shifting to a value chain mindset allows professionals to view the entire end-to-end process, from raw materials to end customers, enabling a more holistic and integrated approach.


Customer-centricity

Value chains emphasize understanding and delivering value to customers. By transitioning to a value chain mindset, supply chain professionals can align their activities with customer needs and preferences, improving customer satisfaction and loyalty.


Collaboration and partnerships

Value chains encourage collaboration and partnerships among stakeholders. By breaking down organizational barriers and fostering relationships with suppliers, manufacturers, distributors, and customers, professionals can enhance communication, information sharing, and coordination, improving efficiency and effectiveness across the value chain.


Strategic advantage

Adopting a value chain mindset allows professionals to identify strategic opportunities and differentiate their organization from competitors. By optimizing the entire value chain, companies can gain a competitive edge through improved product quality, faster time-to-market, enhanced service levels, and cost efficiencies.


Performance improvement

Value chains enable professionals to identify and address bottlenecks, inefficiencies, and waste throughout the process. Organizations can enhance operational performance, reduce costs, and increase productivity by focusing on value creation and continuous improvement.


Adaptability to change

Value chains are more adaptable to market dynamics and disruptions. By embracing a value chain mindset, professionals can proactively respond to changes in customer preferences, technological advancements, regulatory requirements, and other external factors, ensuring resilience and agility in the face of uncertainties.


Sustainability and social responsibility

Value chains incorporate sustainability and social responsibility considerations. By examining the environmental and social impacts of the entire value chain, professionals can identify opportunities to reduce waste, minimize carbon footprint, and promote ethical practices, contributing to long-term sustainability and positive social impact.


Presented by


Denice Viktoria Staaf

Supply Chain Diva | Sustainability and Circularity Expert | EPD and HPD Approved Preparer | Mentor and Coach | Supporter Women's Empowerment | Green Building Advocate


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Member, Education and Research Executive Board (EREB)

VCARE Academy Inc.

Advanced

Mini-Master and Master Class

Supply Chain Sustainability with Circularity to Drive Profitability

Circularity is a methodology to reduce risk by eliminating waste and pollution in your supply chain. Circularity is above lean, superefficient supply chains by removing unnecessary inputs to the products and services.....

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Advanced

Mini-Master and Master Class

Implementing 3PL and 4PL Strategies in the Value Chain

In an increasingly challenging overall market situation, it is difficult for any organization to anticipate and accommodate all internal expertise. Outsourcing logistics allows an organization to concentrate on its .....

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Advanced

Mini-Master and Master Class

Collaboration among Sustainability, Procurement and Supply Chain

Sustainable procurement is the practice of making buying decisions that meet an organization's needs for goods and services in a way that is good for both the organization and society as a whole, minimizing its impact on the .....

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Foundational

Mini-Master and Master Class

Supply Chain Framework and Strategy

It's no secret that the field of supply chain management is thriving. Businesses all around the world have changed their strategies and, more crucially, globalization and competition have forced businesses to rethink how they operate .....

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Intermediate

Certification Program

(CSSC) Certified Stores and Stock Controller

CSSC certification is designed to increase knowledge of the role of the store and warehouse, the functions of the store and warehouse personnel, how stock is managed and moved into through and out .....

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Intermediate

Certification Program

(CPIA) Certified Production and Inventory Analyst

CPIA program is designed to increase your knowledge of a business environment and in particular the role manufacturing plays in business. The program will provide insights into the many opportunities that exist .....

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