Leveraging value chain management to deal with growing customer

Leveraging value chain management to deal with growing customer
Leveraging value chain management to deal with growing customer diagram. This is one of the top business frameworks helping clients improve on their approach to strategy, project management, IT, HR, internal processes and client experience.

See below image for the Leveraging value chain management to deal with growing customer diagram. For manufacturers, one distinction of the value chain is that it extends in both directions and encompasses trading partners ranging from the supplier’s supplier to the customer’s customer. Another is the increasing focus on working with trading partners to collectively increase speed, pare costs, and enhance the end customer’s perception of value.

Therefore, in theory, the supply chain gets more efficient and, all in all, can produce products that customers want. Another way of redefining the customer value chain is by re-intermediating an industry, by replacing the middleman with another middleman, which perhaps is more effective in serving the customer.

The scope of the challenge extends beyond traditional supply-chain management, although that is a key element. For manufacturers, one distinction of the value chain is that it extends in both directions and encompasses trading partners ranging from the supplier’s supplier to the customer’s customer.