DEFINITION: According to John Del Vecchio writing for Fool.com, a value chain is "a string of companies working together to satisfy market demands." The value chain typically consists of one or a few primary value (product or service) suppliers and many other suppliers that add on to the value that is ultimately
… Definition continues below.
WEBCAST:
In today's global economy, businesses are finding an increasing need for multi-enterprise supply chains, or business networks, to be focused on process integration and collaboration.
Posted: 09 Sep 2008 | Premiered: Available On Demand
VALUE CHAINS DEFINITION (continued): … presented to the buying public.
Microsoft and its Windows operating systems, the nucleus of the personal computer desktop for which much business software is developed, is often cited as a prime example of a company and product that drives a value chain. The businesses who buy personal computer software may spend far more on the add-on software than on the essential operating system that is the de facto standard for running the software. To the extent that companies standardize … Value Chains definition sponsored by SearchCIO.com, powered by WhatIs.com an online computer dictionary
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