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The best theory ==Yenus fedlu —Preceding unsigned comment added by Yenus (talk • contribs) 10:30, 22 January 2008 (UTC)
The phrase under discussion is rendered moot without altering meaning by simply deleting the dependent clause, "as early as 1979." The clause is irrelevant to the discussion, as the origin of the term has already been outlined as coming from the same author, Michael Porter, in 1985. I recommend deleting the dependent clause, "as early as 1979." Mikestaresinic (talk) 17:01, 21 October 2015 (UTC)
Its a really strong model that does show some indication where value could be added, but does not really show where costs efficiencies can be made.
Dr. Nawaid
Anonymous
Dr.Habib
The value chain varies from a firm to another. It all depends on the capabilities of the firm in terms of resources and management. If the firm can use its resources more efficiently and applies proper controls over its operations, then it will get more advanatage by reducing cost and gaining more profit. —Preceding unsigned comment added by Freebahraini (talk • contribs) 08:06, 18 April 2008 (UTC)
--131.172.4.44 02:14, 10 November 2006 (UTC)
I have some concerns about the value network critique; I think it is a bit overblown. I have successfully applied value chain theory to large scale IT service management. Value networks are merely unions of value chains. Where does Porter insist that the value chain sub-sections are always single sourced? Charles T. Betz 16:24, 10 February 2007 (UTC)
I suspect that this reference has been added purely for promotional purposes. See Talk:Supply chain management/Archives/2012#Reference spam? -- Ronz 00:12, 15 June 2007 (UTC)
The addition of the supply chain 'hype' links needs to stop. This is an article about the definition of "value chain". An extended discourse on EVA would be useful, but the 'supply chain' links are from persons who are either involved in data warehousing or data mining, or the red-herring cover-issue of national security which is not credible, at least from a business perspetive, and possibly otherwise. Suggest that there be one reference to supply chain as part of the distribution system, but 'that's it, folks. Most people involved in 'supply chain' services have 'zip' understanding of what a value-chain (or value chain analysis' is for. Most are government 'lifers'. Many work in DHS customs. Ask them what a cost-driver is, what is a make-or-buy decision, what is EVA, what is the purpose of even 'having' a value chain defined for a firm. They have no clue. For them it's all about 'information sharing'.
I'd edit it, but to be frank, I can't be bothered. Pearls, swine, and all that.... 85.1.133.184 (talk) 16:51, 28 March 2009 (UTC)
I was reading this article to learn what the value chain is. I read about "costs" and "value drivers". I am ignorant in this matter: I can guess what costs are, but I do not know what are value drivers, nor did I find a Wikipedia article explaining it. Could someone knowledgeable add such info in the appropriate article, or create a new one, and link it from here? --Pot (talk) 12:39, 7 April 2009 (UTC)
I would like to know if it is appropriate to include a further explanation of the Value Reference Model from the source Value Chain Group. Here is a non-spam, no strings link here: [2] leading to the Introduction to the Value Reference Model on our site.
Also, what do you think of adding either one, a blending of the two or both of these sets of definitions?
Value Chain – A generic term used to describe any group/chain of related business process where each process adds value. No specific scope of processes is implied by the term Value Chain. Customer Relations – The specific scope of processes related to the relationship building between a company and its customers and the ongoing maintenance of that relationship. Supply Chain – The specific scope of processes from the point in time when a products design is complete to the delivery of finished products Product Development – The specific scope of processes from the ideation stage of a product through the finalization of the design of the product.
Value Chain – An organized, economically motivated or benevolent effort, to define, create and deliver products and/or services of measurable value to society (value users and providers alike). Customer Relations – Interactions and transactions governed, planned and executed with the aim to understand and meet the needs of customers of products and/or services provided by the value chain. Supply Chain – All production, distribution and logistics resources that need to be synchronously managed in order to deliver the products and/or services to the customer of the value chain. Product Development – An organized effort of generating, exchanging and communicating ideas and decisions required to fully envision, define and validate products and/or services to the customers of the value chain.
Your insight is appreciated.
ScottKarl (talk) 21:52, 22 September 2009 (UTC)
For more information about the VRM see ==External links== Introduction to the Value Reference Model
The current Definition is from Seller's perspective.
May I suggest we research into the definition of Value from Customer/Consumer Perspective?
In my opinion, we can define the Value from Customer's perspective by finding the answer to 2 questions below:
1. How a Customer accept the value of a product? In other words, the product solve which Customer's problems ?
2. How a Customer accept to pay for the value of a product? How Customer feel they accept the cost to pay for the product?
My rough definition at the moment is:
Value is the solution(s) Customer accept and afford to solve their problems.
I hope that if we research a little further into this perspective, we can project the future values better (what Customers will like to have in the next 5-10 or 20 years) and avoid the mismatch between supply and demand in the next 10-20 years. —Preceding unsigned comment added by Minh Le SCM (talk • contribs) 08:14, 14 March 2010 (UTC)
There are references to Global Value Chains in Development in the significance and in the GVC section. I have combined these in one place (as a subsection in the GVC section) but it could be placed elsewhere. Thuriaux (talk) 10:58, 14 January 2014 (UTC)
I propose merging Virtual value chain into this article, specifically into Value_chain#Physical,_virtual_and_combined_value_chain. The other article is a badly written essay and an atrociously sourced fog of marketing buzzwords. It goes into unencyclopedic depth about trivial details but a few sentences or a paragraph might be usefully accommodated here. Reyk YO! 12:24, 13 September 2020 (UTC)