The emergence of value chain thinking

© Copyright 2017 Inderscience Enterprises Ltd. The concept value chain has been promoted by Porter for more than three decades. A value chain represents a chain of activities that an organisation performs to deliver a valuable product for the market. Porter's value chain assumes that an organis...

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Main Authors: Simatupang T., Piboonrungroj P., Williams S.
Format: Journal
Published: 2017
Online Access:https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85014804786&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/41073
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Institution: Chiang Mai University
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spelling th-cmuir.6653943832-410732017-09-28T04:15:22Z The emergence of value chain thinking Simatupang T. Piboonrungroj P. Williams S. © Copyright 2017 Inderscience Enterprises Ltd. The concept value chain has been promoted by Porter for more than three decades. A value chain represents a chain of activities that an organisation performs to deliver a valuable product for the market. Porter's value chain assumes that an organisation is a system composed of inputs, transformation processes, and outputs. Each activity in the system involves the acquisition and consumption of resources. How the organisation carries out value chain activities determines costs and profits. One enhances the competitiveness of a company by improving its value chain structure. However, little attention has been given to developing value chain thinking. This paper examines the emergence of value chain thinking and proposes new value chain thinking that involves a chain of activities linked to one another in order to sustain value. A conceptual model is presented which consists of four steps: value discovery, value design, value delivery, and value capture. A methodology is also proposed in which to operationalise the value chain thinking. 2017-09-28T04:15:22Z 2017-09-28T04:15:22Z 2017-01-01 Journal 17415357 2-s2.0-85014804786 10.1504/IJVCM.2017.082685 https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85014804786&origin=inward http://cmuir.cmu.ac.th/jspui/handle/6653943832/41073
institution Chiang Mai University
building Chiang Mai University Library
country Thailand
collection CMU Intellectual Repository
description © Copyright 2017 Inderscience Enterprises Ltd. The concept value chain has been promoted by Porter for more than three decades. A value chain represents a chain of activities that an organisation performs to deliver a valuable product for the market. Porter's value chain assumes that an organisation is a system composed of inputs, transformation processes, and outputs. Each activity in the system involves the acquisition and consumption of resources. How the organisation carries out value chain activities determines costs and profits. One enhances the competitiveness of a company by improving its value chain structure. However, little attention has been given to developing value chain thinking. This paper examines the emergence of value chain thinking and proposes new value chain thinking that involves a chain of activities linked to one another in order to sustain value. A conceptual model is presented which consists of four steps: value discovery, value design, value delivery, and value capture. A methodology is also proposed in which to operationalise the value chain thinking.
format Journal
author Simatupang T.
Piboonrungroj P.
Williams S.
spellingShingle Simatupang T.
Piboonrungroj P.
Williams S.
The emergence of value chain thinking
author_facet Simatupang T.
Piboonrungroj P.
Williams S.
author_sort Simatupang T.
title The emergence of value chain thinking
title_short The emergence of value chain thinking
title_full The emergence of value chain thinking
title_fullStr The emergence of value chain thinking
title_full_unstemmed The emergence of value chain thinking
title_sort emergence of value chain thinking
publishDate 2017
url https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85014804786&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/41073
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