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Terry ackerman value chain 101
1. Value Chain Management Forum “ Value Chain 101- A Practical Path to Sustainable Profitability” Terry Ackerman
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8. Value Chain vs Supply Chain Value Chain Management Forum – Value Chain 101 Characteristic Value Chain Supply Chain Information Sharing Extensive Limited Trust Trust - key factor Often non-existent Cost Control Focus on value formation Focus on lowest price. Margin Margin sharing Not uncommon Each participant is focused solely on capturing as much margin as possible. New Product Development Often share the risk. Limited interest. Market response Respond quickly to market demand – information sharing. Focus on purchase order.