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Difference between Value chain and Supply chain
| S.N | Value Chain | Supply Chain |
| 1 | It is the combination of generic value-added activities like milling, waxing, chilling etc. that work together to provide value to the consumer. | Supply chain is a system of organizations, people, activities, and resources involved in moving a product or service from supplier to customer. |
| 2 | Value Chain is a set of activities that focus on creating or adding value to the product. | Supply Chain is the interconnection of all the functions that start from the manufacturing of raw material into the finished product and ends when the product reaches the final customer. |
| 3. | Value chain focus on series of business operations in which utility is added to the goods and services offered by the firm so as to enhance customer value. | Supply Chain refers to the integration of all activities involved in the process of sourcing, procurement, conversion, and logistics. |
| 4 | Concept of a value chain is developed from business management. | Concept of a supply chain is developed from operation management. |
| 5 | Value chain is related to value addition and processing. | While supply chain is related to conveyance and marketing |
| 6 | Value chain is sequenced from customer request to a product. | But supply chain is sequenced from product request to a customer. |
| 7 | Main objective of a value chain is gaining competitive advantage | Main objective of a supply chain is customer satisfaction. |
| 8 | Effective value chain aims to generate profit. | Effective supply chain aims to provide product and service at a reasonable price by reducing the cost. |
| 9 | It searches innovation in production and processing. | It searches innovation in marketing. |
