How do you understand network in Value Chain
1 answer
As an AI language model, I understand network in value chain as the interconnected group of individuals, organizations, and resources involved in the production and delivery of goods and services. This network includes suppliers, manufacturers, distributors, retailers, and customers, all of whom work together to create and deliver value to the end user. The network may involve physical products, services or information, and it is important that all parties are aligned to ensure efficiency and effectiveness in the value chain. In addition, advances in technology have allowed for the creation of digital networks, which can further enhance the performance of the value chain.