Value Chain Approach
Value Chain: Cohesive Approach, Maximum Value.
Value chains represent all the steps and links in a system from beginning to end. When every step and link performs at its best, the entire value chain performs at its best. Businesses and non-profits benefit from enhanced value chain management.
Raw Materials ⇢
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Distribution ⇢
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Processing ⇢
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Retail ⇢
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Manufacturing ⇢
Consumer ✓
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Pharmaceutical Serialization
In today’s global economy, firms must think in terms of value chains and act on them. This is more than semantics. Optimal or smart value chain management enhances stakeholder value throughout the value chain.
A smart value chain looks holistically at the entire supply chain and focuses on delivering value to the end customer. Organizations operating with a smart value chain mindset are less likely to experience disruption in their supply chains due to tighter integration with suppliers and shared objectives – delivering their product or service to the end customer as efficiently as possible.
Value chain efficiency, effectiveness, relevancy and sustainability represent the wave of the future for business competitiveness – a wave that businesses are beginning to ride around the world and a wave firms must learn to ride better than their competitors.
Solutions to Societal Challenges
Value chains can deliver tremendous value to non-governmental organizations, as well as businesses trying to solve critical world challenges. The Axia Institute researchers are studying value chains that impact reliable food supplies and fresh drinking water supplies in arid regions. The holistic value chain view can lead to streamlined, pragmatic solutions by looking at the whole system and the relationship to its parts.
Value chain efficiency, effectiveness, relevancy and sustainability represent the wave of the future for business competitiveness – a wave that businesses are beginning to ride around the world and a wave firms must learn to ride better than their competitors.
News and Events
Axia and MSU St. Andrews Host Holiday Open House
MSU St. Andrews unites Axia, advanced research and community-engaged K-12 STEM education.
Certification Provides Validation to Axia Lab’s RFID Programs
RFID Journal: accreditation supports lab in pharma RFID labelling and tracking.
Cencora and Intelliguard Aim to Ease RFID Adoption in Healthcare
Tagging injectable anesthesia before it is shipped, detectable by stations or carts.
Case Study on Optimal Packaging Strategies
RFID labeling helps optimize packaging strategies for a retail manufacturer.
Axia Institute Researchers Published in International Journal of RF Technologies
Axia Institute researchers were recently published in International Journal of RF Technologies on the correlation between drug formulation and RFID-enabled pharmaceuticals
Digital Labeling/e-Leaflet Consortium Sees Demo of Web App
“iRx” part of three-year plan to make prescription information available anytime, anywhere.
Axia Lab Earns ISO Accreditation
Axia Lab earns ISO/IEC 17025:2017 accreditation.
Webinar: Transforming Healthcare Industry with Smart Packaging
Join us Sept. 24 for a free webinar exploring IoT Smart Packaging for Healthcare and Pharma.
Webinar: Combatting Counterfeit Drugs and DSCSA
Join us Sept. 12 for a free webinar on combatting counterfeit drugs and how DSCSA is addressing these risks to patient safety.
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Graduate studies, certificate programs and seminars in value chain creation and optimization.
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Bridging the gap from theory to real-world application.
The Axia Institute is affiliated with many leaders in value chain creation and development, including the MSU Eli Broad College of Business, whose supply chain management program consistently ranks #1. We routinely draw on all our partners’ expertise to better serve you.
