# Value Chain ```mermaid flowchart LR supply["Supply Chain \n Management"] --> Design/\nEngineering --> Build --> Sell --> Service ``` - Primary activities in each stage, and corresponding supporting activities - Value Chain Activity Analysis - Identify the activities or business processes across the value chain - Assess how does each activity contributes to **widening the wedge** > [!tip] Advice for Professional Career > > 1. Understand and be curious about your company's **value chain**. > 2. Understand and internalize your company's **strategy and financial situation**. > 3. Engage in your company's pursuit for **increased competitive advantage**. > > Engineers have a big impact across the entire value chain and on a company's competitive advantage! - Goal: create [[customer-value]] - [[segmentation]] drives the value train - All processes in the value chain act in harmony (i.e. fit)