Value chain and supply chain are two terms describing the same set of business functions.

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Value chain and supply chain are related concepts, but they refer to different aspects of business operations. The value chain refers to the set of activities a company engages in to create and deliver value to its customers, while the supply chain is concerned with the management of materials, information, and resources across a network of suppliers, manufacturers, distributors, and retailers.

Value Chain and Supply Chain Are Two Terms Describing the Same