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supply chain vs value chain

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › supply chain vs value chain

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by Ken Garrett.
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  • March 1, 2017 at 2:25 pm #374945
    Vipin
    Member
    • Topics: 151
    • Replies: 374
    • ☆☆☆☆

    I guess, supply chain and value chain are not same but very similar. Just thought of confirming it with you.

    March 1, 2017 at 2:40 pm #374949
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10583
    • ☆☆☆☆☆

    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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