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Management & Leadership vocabulary · Strategy and Planning

Value chain

Meaning in management & leadership, with examples

nounAdvanced term

In management & leadership, value chain means: The linked activities through which a business creates and delivers value, including primary work and supporting functions.

In Turkish: değer zinciri

How it is used

Use to examine where activities add value or create costs; it is broader than the physical movement of supplies.

Example sentences

  1. The value chain analysis showed that after-sales support mattered more than cheaper packaging.

    Value can arise after the product has been manufactured and delivered.

  2. Finance and training support several activities in our value chain.

    Supporting functions contribute to value even without directly producing the item.

Common collocations

  • value chain analysis
  • map the value chain
  • strategyA long-term plan that sets out where an organisation wants to go and the main choices it will make to get there, such as which markets to enter and what to stop doing.
  • competitive advantageSomething that allows a company to do better than its competitors, such as lower costs, a stronger brand, better technology or more skilled people.

More terms: Strategy and Planning

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