SUPPLY CHAIN INTEGRATION & COLLABORATION

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SUPPLY CHAIN INTEGRATION & COLLABORATION

Category: Coursework

Subcategory: Management

Level: College

Pages: 1

Words: 275

Supply Chain Integration and Collaboration
Name:
Institutional affiliation
Supply Chain Integration and Collaboration
Porter’s value chain theory
A value chain is said to be the specific activities or processes carried out by a firm which is based on a certain industry in order to deliver valuable goods or services to their customers in the market. Michael Porter provided that, an organization is a system made up of smaller units known as the subsystems (Christiansen, 2016). Each subsystem has inputs and produces outputs which are dependent on other subsystems. Porter argued that the costs and profits of an organization are determined by how the value chain activities are carried out. He further categorized the activities into two. The primary activities which include the inbound and outbound logistics, marketing and sales, the services and the organization’s operations (Christiansen, 2016). On the other hand, the secondary activities include the infrastructure, HRM, procurement and the technological development.
The contribution of Porter’s work on supply chain literature
Initially, the concept of the supply chain was used primarily by the individual firms. However, it has currently extended to cover the entire supply chain and most distribution networks. The extended form of supply chain forms the value system (Christiansen, 2016). Value system allows the value chain of the supplier, that of the firm, the firm’s distribution channel and the value chai…

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