How Do The Value Chain And Value Web Models Help Business Identify Opportunity For Strategic Information System Applications?

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How Do The Value Chain And Value Web Models Help Business Identify Opportunity For Strategic Information System Applications?

The value chain model emphasizes specific activities in the business where information systems and competitive strategies will have the utmost impact. The model views the firm as a series of primary, crucial and support activities that add value to a firm’s products or services. Primary activities are directly related to production and distribution, where support activities make the delivery of primary activities potential. A value chain of firm can be linked to the value chain of its suppliers, distributors as well as customers. A value web consists of information systems that improve competitiveness at the industry level by promoting the exercise of standards and industry-wide consortia and by enabling businesses to work more competently with their value partners.

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