What is value chain governance?

Answer 1

Value chain governance refers to the way in which activities within a value chain are coordinated, controlled, and managed. This includes the relationships between different actors within the value chain, such as suppliers, manufacturers, distributors, and retailers. Effective value chain governance involves creating a system of rules, processes, and norms that ensure efficiency, transparency, and accountability throughout the value chain. This can help to improve overall performance, reduce costs, and increase competitiveness.