What’s the difference between a supply chain and a value chain?

The main focus for UK funding bodies is for companies to produce innovative products, technologies or services that are significantly ahead of others in the field. Within the process of applying for grant funding, you will need to be thinking about the logistics of your supply and value chains. But what is the difference between supply and value chains?


Supply Chain


A supply chain is the complex relationship between a company and its suppliers. From raw materials to producing and distributing a specific product or service, the supply chain represents the steps taken from raw materials to get the product or service to market.… See more...