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Wikis » PLM Terminology » Value Chain

Value Chain

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Value Chain

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Value Chain

A Value Chain is a business management concept that describes the chain of activities through which a product passes on it's way to the consumer.  Products pass through each link in the chain in order and each activity in the chain adds value to the product.  Value chains are linked by Supply Chains.

http://en.wikipedia.org/wiki/Value_chain

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