For Value Chain we have terms and definitions in 4 topics. The topics are Accounting, International Business, Supply Chain and Technology.

Value Chain (Accounting)

is the sequential set of primary and support activities that an enterprise performs to turn inputs into value-added outputs for its external customers. As developed by Michael E. Porterit is a connected series of organizationsresourcesand knowledge streams involved in the creation and delivery of value to end customers. Value systems integrate supply chain activitiesfrom determination of customer needs through product/service developmentproduction/operations and distributionincluding (as appropriate) first-second-and third-tier suppliers. The objective of value systems is to position organizations in the supply chain to achieve the highest levels of customer satisfaction and value while effectively exploiting the competencies of all organizations in the supply chain.

Value Chain (International Business)

A value-added process in a firm to transform raw materials and other inputs to finished goods, which creates value to customers.

Value Chain (Supply Chain)

A series of activities, when combined, define a business process; the series of activities from manufacturers to the retail stores that define the industry supply chain.

Value Chain (Technology)

typically consists of one or a few primary value (product or service) suppliers and many other suppliers that add on to the value that is ultimately presented to the buying public.

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