Best Value Supply Chains: Key Competitive Weapon for the 21st Century Harvard Case Solution & Analysis

All managers want their organizations to work better, and most look for ways to do it. This article focuses on how supply chain - a series of activities through which goods and services are created and then distributed to customers - can increase the efficiency of enterprises. Over the past couple of decades, most firms said maximum speed or minimize costs within their supply chains. In the current business landscape, however, a broader approach. We describe the main advantages of the development of "best value supply chain" as a tool to enhance productivity. These chains are different from traditional chains in important ways. The best food value chains are used by organizations as a central element of the strategy, and not simply as a means to move the material. Rather than focusing primarily on the speed and cost, the best food value chains are designed to provide excellent overall value to the customer in terms of speed, cost, quality and flexibility. Our assertion that organizations that develop the best food value chains to increase their productivity. We support this claim with examples from leading firms that reflect the best value approach. "Hide
by David Ketchen, Jr., William Rebarick, G. Thomas M. Hult, David Meyer Source: Business Horizons 9 pages. Publication Date: May 15, 2008. Prod. #: BH279-PDF-ENG

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