Ad
related to: value chain diagram process
Search results
Results From The WOW.Com Content Network
A value chain is a progression of activities that a business or firm performs in order to deliver goods and services of value to an end customer. The concept comes from the field of business management and was first described by Michael Porter in his 1985 best-seller, Competitive Advantage: Creating and Sustaining Superior Performance .
Whereas a value stream map represents a core business process that adds value to a material product, a value chain diagram shows an overview of all activities within a company. [3] Other business activities may be represented in "value stream diagrams" and/or other kinds of diagram that represent business processes that create and use business ...
Global process models are presented using different methodologies and sometimes under different names. Most notably, they are named process map in Visual Paradigm [3] and MMABP, [2] value-added chain in ARIS, [4] and process diagram in Eriksson-Penker notation [5] – which can easily lead to the confusion with process flow (detailed process ...
A global value chain (GVC) refers to the full range of activities that economic actors engage in to bring a product to market. [1] The global value chain does not only involve production processes, but preproduction (such as design) and postproduction processes (such as marketing and distribution).
Value network analysis (VNA) is a methodology for understanding, using, visualizing, optimizing internal and external value networks and complex economic ecosystems. [ 1 ] [ 2 ] The methods include visualizing sets of relationships from a dynamic whole systems perspective.
Similarly, as a preliminary stage of a decomposition of a process planned for (much) later, a common understanding can first be developed using simpler / less complex means than value chain diagrams - e.g. with a textual description or with a turtle diagram [22] (Chapter 3.1 Defining process details) ← automatic translation from German (not ...
In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable. Supply chains link value chains. [6] Suppliers in a supply chain are often ranked by "tier", with first-tier suppliers supplying directly to the client, second-tier suppliers supplying to the first tier, and so on. [7]
An event-driven process chain (EPC) is a type of flow chart for business process modeling. EPC can be used to configure enterprise resource planning execution, and for business process improvement. It can be used to control an autonomous workflow instance in work sharing.