What is Value Chain Transformation™?
Conceived as a unique approach to doing business, Value Chain Transformation is the brainchild of Price Waterhouse Coopers. Essentially, Value Chain Transformation™, or VCT, addresses every facet of the business operation and provides some unique solutions that can streamline processes, allow for enhanced communication between functions, and even aid in the service and product delivery to the consumer. Part of the genius of Value Chain Transformation™ is that the strategy is so comprehensive. Beginning with a close look at the process of supply chain management, VCT moves on to look at the way shared services between departments can aid in keeping the cost of doing business more efficient. The element of labor is also given a great deal of attention, making sure that the human resources employed in the operation and service delivery of the company are working at optimum levels. From transaction processing procedures to transfer pricing protocols, Value Chain Transformation™ seeks to ma