{"id":229377,"date":"2024-04-20T09:19:55","date_gmt":"2024-04-20T09:19:55","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/?p=229377"},"modified":"2024-04-20T09:19:55","modified_gmt":"2024-04-20T09:19:55","slug":"what-is-value-chain-concept","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/","title":{"rendered":"What is value chain concept?"},"content":{"rendered":"<p>The value chain concept is a framework that helps businesses analyze and understand the series of activities and processes involved in delivering a product or service to customers. It identifies the key activities, both primary and supporting, that create value for the organization and its customers. Each activity in the value chain contributes to the overall value of the final product or service.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#Primary_Activities_in_the_Value_Chain\" title=\"Primary Activities in the Value Chain\">Primary Activities in the Value Chain<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#1_Inbound_logistics\" title=\"1. Inbound logistics:\">1. Inbound logistics:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#2_Operations\" title=\"2. Operations:\">2. Operations:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#3_Outbound_logistics\" title=\"3. Outbound logistics:\">3. Outbound logistics:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#4_Marketing_and_sales\" title=\"4. Marketing and sales:\">4. Marketing and sales:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#5_After-sales_service\" title=\"5. After-sales service:\">5. After-sales service:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#Support_Activities_in_the_Value_Chain\" title=\"Support Activities in the Value Chain\">Support Activities in the Value Chain<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#1_Firm_infrastructure\" title=\"1. Firm infrastructure:\">1. Firm infrastructure:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#2_Human_resource_management\" title=\"2. Human resource management:\">2. Human resource management:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#3_Technology_development\" title=\"3. Technology development:\">3. Technology development:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#4_Procurement\" title=\"4. Procurement:\">4. Procurement:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#Examples_of_Value_Chain_Concept\" title=\"Examples of Value Chain Concept:\">Examples of Value Chain Concept:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#1_Manufacturing\" title=\"1. Manufacturing:\">1. Manufacturing:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#2_E-commerce\" title=\"2. E-commerce:\">2. E-commerce:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#3_Hospitality_industry\" title=\"3. Hospitality industry:\">3. Hospitality industry:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#4_Software_development\" title=\"4. Software development:\">4. Software development:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions:\">Frequently Asked Questions:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#1_What_is_the_purpose_of_the_value_chain_concept\" title=\"1. What is the purpose of the value chain concept?\">1. What is the purpose of the value chain concept?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#2_How_does_the_value_chain_concept_help_businesses\" title=\"2. How does the value chain concept help businesses?\">2. How does the value chain concept help businesses?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#3_How_can_the_value_chain_concept_be_used_for_strategic_planning\" title=\"3. How can the value chain concept be used for strategic planning?\">3. How can the value chain concept be used for strategic planning?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#4_Can_the_value_chain_concept_be_applied_to_service-based_businesses\" title=\"4. Can the value chain concept be applied to service-based businesses?\">4. Can the value chain concept be applied to service-based businesses?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#5_Does_the_value_chain_concept_apply_only_to_large_organizations\" title=\"5. Does the value chain concept apply only to large organizations?\">5. Does the value chain concept apply only to large organizations?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#6_Is_the_value_chain_concept_static_or_dynamic\" title=\"6. Is the value chain concept static or dynamic?\">6. Is the value chain concept static or dynamic?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#7_How_can_organizations_use_the_value_chain_concept_for_supply_chain_management\" title=\"7. How can organizations use the value chain concept for supply chain management?\">7. How can organizations use the value chain concept for supply chain management?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#8_Can_the_value_chain_concept_help_in_identifying_cost-saving_opportunities\" title=\"8. Can the value chain concept help in identifying cost-saving opportunities?\">8. Can the value chain concept help in identifying cost-saving opportunities?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#9_Does_the_value_chain_concept_focus_only_on_internal_activities\" title=\"9. Does the value chain concept focus only on internal activities?\">9. Does the value chain concept focus only on internal activities?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#10_Is_the_value_chain_concept_relevant_in_todays_digital_economy\" title=\"10. Is the value chain concept relevant in today&#8217;s digital economy?\">10. Is the value chain concept relevant in today&#8217;s digital economy?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#11_Can_the_value_chain_concept_help_businesses_identify_opportunities_for_collaboration\" title=\"11. Can the value chain concept help businesses identify opportunities for collaboration?\">11. Can the value chain concept help businesses identify opportunities for collaboration?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#12_Is_the_value_chain_concept_applicable_to_non-profit_organizations\" title=\"12. Is the value chain concept applicable to non-profit organizations?\">12. Is the value chain concept applicable to non-profit organizations?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Primary_Activities_in_the_Value_Chain\"><\/span>Primary Activities in the Value Chain<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The primary activities in the value chain concept are directly involved in the creation and delivery of a product or service. They include:<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Inbound_logistics\"><\/span>1. Inbound logistics:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThis involves receiving, storing, and distributing inputs that are necessary for the production process.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Operations\"><\/span>2. Operations:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThis activity includes all the processes that transform inputs into the final product.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Outbound_logistics\"><\/span>3. Outbound logistics:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIt involves the distribution of the finished product to the end customers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Marketing_and_sales\"><\/span>4. Marketing and sales:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThis activity involves promoting and selling the product or service to potential customers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_After-sales_service\"><\/span>5. After-sales service:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThis activity includes activities such as customer support, warranty services, and product maintenance.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Support_Activities_in_the_Value_Chain\"><\/span>Support Activities in the Value Chain<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In addition to the primary activities, there are several support activities that facilitate and enhance the execution of the primary activities. These support activities are:<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Firm_infrastructure\"><\/span>1. Firm infrastructure:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIt includes activities such as general management, finance, accounting, and legal support that are necessary for the organization&#8217;s functioning.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Human_resource_management\"><\/span>2. Human resource management:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThis involves activities related to recruitment, training, and development of employees.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Technology_development\"><\/span>3. Technology development:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIt includes research and development activities to improve products, processes, and technology used within the organization.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Procurement\"><\/span>4. Procurement:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThis activity involves sourcing and acquiring the necessary resources, materials, and equipment for the production process.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Examples_of_Value_Chain_Concept\"><\/span>Examples of Value Chain Concept:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Let&#8217;s explore some examples of the value chain concept:<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Manufacturing\"><\/span>1. Manufacturing:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIn a manufacturing company, the value chain includes activities such as sourcing raw materials, production, distribution, marketing, and after-sales service.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_E-commerce\"><\/span>2. E-commerce:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nFor an e-commerce business, the value chain encompasses activities like website development, online marketing, order fulfillment, logistics, and customer support.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Hospitality_industry\"><\/span>3. Hospitality industry:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIn the hospitality industry, the value chain involves activities such as reservations, guest services, housekeeping, food and beverage services, and facility maintenance.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Software_development\"><\/span>4. Software development:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nFor a software company, the value chain may consist of activities like product design, coding, testing, marketing, and customer support.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span>Frequently Asked Questions:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"1_What_is_the_purpose_of_the_value_chain_concept\"><\/span>1. What is the purpose of the value chain concept?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe purpose of the value chain concept is to identify how each activity within an organization contributes to its overall value and competitive advantage.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_How_does_the_value_chain_concept_help_businesses\"><\/span>2. How does the value chain concept help businesses?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe value chain concept helps businesses identify opportunities for cost reduction, process improvement, and value creation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_How_can_the_value_chain_concept_be_used_for_strategic_planning\"><\/span>3. How can the value chain concept be used for strategic planning?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nBy analyzing the value chain, businesses can identify areas of strength, weakness, and opportunities for differentiation, allowing them to develop effective strategies.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Can_the_value_chain_concept_be_applied_to_service-based_businesses\"><\/span>4. Can the value chain concept be applied to service-based businesses?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, the value chain concept can be applied to both product and service-based businesses. It helps to analyze the service delivery process and identify areas for improvement.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Does_the_value_chain_concept_apply_only_to_large_organizations\"><\/span>5. Does the value chain concept apply only to large organizations?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nNo, the value chain concept is applicable to organizations of all sizes. It can provide insights into the activities that create value regardless of the organization&#8217;s scale.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Is_the_value_chain_concept_static_or_dynamic\"><\/span>6. Is the value chain concept static or dynamic?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe value chain concept is dynamic and can change over time as businesses adapt to market conditions, technological advancements, and customer preferences.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_How_can_organizations_use_the_value_chain_concept_for_supply_chain_management\"><\/span>7. How can organizations use the value chain concept for supply chain management?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nUnderstanding the value chain helps organizations optimize their supply chain by identifying bottlenecks, improving coordination with suppliers, and enhancing logistics.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_Can_the_value_chain_concept_help_in_identifying_cost-saving_opportunities\"><\/span>8. Can the value chain concept help in identifying cost-saving opportunities?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, by examining each activity within the value chain, businesses can identify areas where costs can be reduced, leading to increased profitability.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_Does_the_value_chain_concept_focus_only_on_internal_activities\"><\/span>9. Does the value chain concept focus only on internal activities?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhile the value chain concept primarily focuses on internal activities, it also considers external activities such as supplier relationships and customer interactions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_Is_the_value_chain_concept_relevant_in_todays_digital_economy\"><\/span>10. Is the value chain concept relevant in today&#8217;s digital economy?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, the value chain concept remains relevant in today&#8217;s digital economy as it helps organizations understand how digital technologies impact their overall value creation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_Can_the_value_chain_concept_help_businesses_identify_opportunities_for_collaboration\"><\/span>11. Can the value chain concept help businesses identify opportunities for collaboration?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, by analyzing the value chain, businesses can identify areas where collaboration with partners or suppliers can create value through shared resources and expertise.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Is_the_value_chain_concept_applicable_to_non-profit_organizations\"><\/span>12. Is the value chain concept applicable to non-profit organizations?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, the value chain concept can be applied to non-profit organizations to analyze their activities and identify ways to enhance their impact and achieve their mission efficiently.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The value chain concept is a framework that helps businesses analyze and understand the series of activities and processes involved in delivering a product or service to customers. It identifies the key activities, both primary and supporting, that create value for the organization and its customers. Each activity in the value chain contributes to the &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"What is value chain concept?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#more-229377\">Read more<span class=\"screen-reader-text\">What is value chain concept?<\/span><\/a><\/p>\n","protected":false},"author":57,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-229377","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is value chain concept?<\/title>\n<meta name=\"description\" content=\"The value chain concept is a framework that helps businesses analyze and understand the series of activities and processes involved in delivering a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is value chain concept?\" \/>\n<meta property=\"og:description\" content=\"The value chain concept is a framework that helps businesses analyze and understand the series of activities and processes involved in delivering a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/\" \/>\n<meta property=\"og:site_name\" content=\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/synchronyfinancial\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-20T09:19:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2024\/03\/faq.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Casey Mayer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@synchrony\" \/>\n<meta name=\"twitter:site\" content=\"@synchrony\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casey Mayer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/\"},\"author\":{\"name\":\"Casey Mayer\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/89e431077ef417dfaa131f435124f18f\"},\"headline\":\"What is value chain concept?\",\"datePublished\":\"2024-04-20T09:19:55+00:00\",\"dateModified\":\"2024-04-20T09:19:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/\"},\"wordCount\":773,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#organization\"},\"articleSection\":[\"Learn\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/\",\"url\":\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/\",\"name\":\"What is value chain concept?\",\"isPartOf\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#website\"},\"datePublished\":\"2024-04-20T09:19:55+00:00\",\"dateModified\":\"2024-04-20T09:19:55+00:00\",\"description\":\"The value chain concept is a framework that helps businesses analyze and understand the series of activities and processes involved in delivering a\",\"breadcrumb\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/namso-gen.co\/blog\/what-is-value-chain-concept\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/namso-gen.co\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What is value chain concept?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#website\",\"url\":\"https:\/\/namso-gen.co\/blog\/\",\"name\":\"Namso Gen Blog - 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