Value Chain

Introduction

This paper will discuss plan supply and buyer power and how value chain works. It is very important to understand what “value Chain” is. It is the link between processes in organization's different departments, which adds value to the product passing in each department, creating a competitive advantage in that particular product. Value chain analysis describes all the activities going round the organization, evaluate the strength and value each activity adding to that particular product or services. (Holbrook, Morris B P. 51)

Discussion

The process in which a value is added to the product if this processes are arranged into systems, then ...