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The value chain framework quickly made its way to the forefront of management thought as a powerful analysis tool for strategic planning. The simpler concept of value stream mapping , a cross-functional process which was developed over the next decade, [15] had some success in the early 1990s.
Global value chain. A global value chain ( GVC) refers to the full range of activities that economic actors engage in to bring a product to market. [1] The global value chain does not only involve production processes, but preproduction (such as design) and postproduction processes (such as marketing and distribution). [1]
Michael Porter. Michael Eugene Porter (born May 23, 1947) [2] is an American academic known for his theories on economics, business strategy, and social causes. He is the Bishop William Lawrence University Professor at Harvard Business School, and was one of the founders of the consulting firm The Monitor Group (now part of Deloitte) and FSG, a ...
Agricultural value chain. An agricultural value chain is the integrated range of goods and services ( value chain) necessary for an agricultural product to move from the producer to the final consumer. The concept has been used since the beginning of the millennium, primarily by those working in agricultural development in developing countries ...
Global Value Chains and Development: Redefining the Contours of 21st Century Capitalism is a 2018 book by American economic sociologist and academic Gary Gereffi published by Cambridge University Press and part of their Development Trajectories in Global Value Chains series. [1] The book discusses the Global Value Chains (GVC) framework ...
Value network analysis. Value network analysis ( VNA) is a methodology for understanding, using, visualizing, optimizing internal and external value networks and complex economic ecosystems. [1] [2] The methods include visualizing sets of relationships from a dynamic whole systems perspective. Robust network analysis approaches are used for ...
A global production network is one whose interconnected nodes and links extend spatially across national boundaries and, in so doing, integrates parts of disparate national and subnational territories". [1] GPN frameworks combines the insights from the global value chain analysis, actor–network theory and literature on Varieties of Capitalism.
Management accounting in supply chains. Management accounting in supply chains (or supply chain controlling, SCC) is part of the supply chain management concept. This necessitates planning, monitoring, management and information about logistics and manufacturing processes throughout the value chain. The goal of management accounting in supply ...
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