What does "adding value" mean in the context of supply chain management?

Scrutinize the fundamental principles underpinning value addition within supply chains from an organizational standpoint.

Reflect on how customers define and perceive "added value" in their interactions with supply chains.

Examine the potential integration of lean tools in elevating value chains and organizational efficiency.

As a customer, how do you interpret value$-$added activities in a supply chain? What factors influence your perception of added value? How can lean tools be implemented to add value to value chains?

Share nuanced insights as a consumer, unraveling the layers of interpretation surrounding value$-$added activities in supply chains.

Analyze the factors shaping your perception of added value, considering elements like quality, transparency, and innovation.

Explore, with concrete examples, the strategic deployment of lean tools to streamline value chains and enhance overall customer experience.