1. Explain what is meant by the term value in a supply chain. How can value best be measured in a supply-chain context?

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1. Explain what is meant by the term value in a supply chain. How can value best be measured in a supply-chain context?

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1. Explain what is meant by the term value in a supply chain. How can value best be measured in a supply-chain context?
2. Why are processes important in terms of managing logistics? Suggest how the processes of a plan, source, make, deliver and return might differ in the case of the two factories Simple and Complex described in section 3.3.
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