Saturday, September 15, 2012

“Empowering The Value Chain”

The value chain for any product and/or service is a continuum which has endured time and always adheres to conventional fundamentals which do not alter much.


Source: Pat V. Sonti, Mentor & Author
In addition, the value chain has a direct impact on any product and/or service with respect to:

·         Life Cycle.
·         Supply Chain.
·         Commercial Market Fundamentals.
·         Business Cycle and Fundamentals.
·         Business-Revenue Model.

The key driver for any product and/or service value chain continues to be both basic, advanced and applications driven research, design & development. Subsequently, there must be emphasis on engineering with focus on product and/or services design & development followed by production of goods and services. All other commercial aspects such as marketing, sales, promotions etc. complete the integrated value chain.

In today’s current global macroeconomic scenario, it is vital to focus on “empowering the value chain” as it has a direct impact on sound and sustainable economy, policy, trade, and investment and all resulting socio-economic factors.

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