IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-59836-2_2.html
   My bibliography  Save this book chapter

Value-Based Management: The Guiding Principle for SCM

In: Competitive Supply Chains

Author

Listed:
  • Enver Yücesan

    (INSEAD)

Abstract

VBM is playing an increasingly significant role in shaping corporate strategies. Since the key mission of SCM is to develop and deploy effective solutions to enable the deployment and execution of corporate strategies, SCM should also adopt a VBM perspective. VBM-based SCM has therefore two intertwined dimensions, as depicted in Figure 2.1. On the one hand, VBM should enable value creation through product and/or process innovation, both of which should drive a customer’s WTP. While product innovation may enable the deployment of niche strategies, process innovation may lead to cost leadership. In both cases, however, innovation plays a key role in differentiating a firm from its competitors or in avoiding the commoditization of its products and services.

Suggested Citation

  • Enver Yücesan, 2007. "Value-Based Management: The Guiding Principle for SCM," Palgrave Macmillan Books, in: Competitive Supply Chains, chapter 2, pages 11-24, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-59836-2_2
    DOI: 10.1057/9780230598362_2
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-59836-2_2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.