Value chain and Logistics Essay - Essay Prowess

Value chain and Logistics Essay

Value chain and Logistics Essay


Value chain is the horizontal perspective on how an organization employs a sequence of processes through which the value of a product is enhanced by properly distinguishing a product or service from others in the market in a way that consumers will favorably value it and be willing to pay for at the stated market price or cut costs to a minimum where the product cannot be sufficiently distinguished.

Customers define value as the benefit or advantage that a commodity will offer him or her. The value of a

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