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Accounting Value Chain

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Publish time:12-31-2021
As elaborate illustrated below, a part of a supply chain system, process, or relationship between a company and its raw materials and packaging suppliers. "Upstream" looks at the supply side of the supply chain toward the origin of raw material in the supply chain process. "Downstream" is what the company sells. As shown below, Value Chain increases the efficiency of the business so that customers can receive the product with the most value-added at the lowest possible cost. The end goal of value chain management (VCM) is to create a competitive advantage for the company by increasing the overall Margin. Instead of creating Value Chain diagrams on complex and highly-paid tools, use free value chain makers like EdrawMax or EdrawMax Online. The templates provided by EdrawMax are 100% customizable and can later be shared in any format required.
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Lisa Anderson
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