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supply chain vs value chain

VipinVipin9y ago
I guess, supply chain and value chain are not same but very similar. Just thought of confirming it with you.
gromitgromitTutor9y ago#1
Very different, actually. Value chain is the Porter model of primary activities (inbound logistics, etc) and support activities (firm infrastructure etc). Supply chain is the process by which a company obtains raw materials and components and distributes finished products. See here: https://www.accaglobal.com/uk/en/student/exam-support-resources/professional-exams-study-resources/p3/technical-articles/value-chains.html
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