A value chain is a supply chain, but its emphasis is on examining how value is created or destroyed by a channel member.

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A value chain is a subset of a supply chain that examines how each channel member adds value to the product or service being offered. The focus is on identifying areas where value can be increased or where value is being lost. In contrast, a supply chain focuses on the process of moving goods or services from the supplier to the consumer.

A Value Chain Is a Supply Chain, but Its Emphasis