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 ⇢

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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

Revolutionizing Patient Safety Webinar Series: Event Recap

Revolutionizing Patient Safety Webinar Series: Event Recap
On April 14, the Axia Institute hosted its second Revolutionizing Patient Safety webinar titled The Patient-Centric Supply Chain for Prescription Drugs.

Joining Axia for this webinar were Ghasda Ashkar, Pharm. D., Director of Ambulatory Pharmacy Services, UCLA Health, and Jillian Foster, Pharm. D., Pharmacy Service Line Administrator, Baptist Memorial Health Care.

Axia Institute Research Leader Dr. Bahar Aliakbarian moderated the session along with Mark Karhoff, Principal at Ten Count Consulting. During the webinar our pharmacy participants shared their perspectives on the patient-centric supply chain while sharing their challenges and opportunities for improvement.

Slides from this session are available for download, as is the Zoom replay.

Bahar Aliakbarian Presents at the Midland Business Alliance

Bahar Aliakbarian Presents at the Midland Business Alliance

March 16, 2020

Dr. Bahar Aliakbarian of the Axia Institute recently presented at the Midland Business Alliance’s February Issues and Answers session. The event, Employers’ Update on the Opioid Crisis featured a panel of professionals from the medical field, health agencies and academia. The panel addressed workplace challenges caused by the opioid crisis and outlined strategies for managing these risks.

The Axia Institute Hosts Global Logistics Forum

The Axia Institute Hosts Global Logistics Forum

March 26, 2020

The Axia Institute recently hosted Bridging the Gap: Establishing a Global Logistics Community to Jointly Address Common Challenges. The goal of the event was to help Axia and its partners begin thinking about ways to address shipping challenges across the global supply chain.

Industry Leaders Featured at Revolutionizing Patient Safety: Securing the Medication Supply Chain Virtual Conference

October 2020

On October 6, 2020, the Axia Institute hosted a virtual industry-focused event on the critical value chain to secure the supply chain for prescription medication. Revolutionizing Patient Safety: Securing the Medication Supply Chain provided a relevant forum for the important issue of patient safety and brought together industry professionals to discuss this important challenge. The Axia Institute would like to thank its sponsors including the Council of Pharmacy Executives and Suppliers (CPES), the Council of Supply Chain Executives (CSCE), eAgile, Fresenius Kabi, GS1, and IntelliGuard for helping underwrite this important event.

Partnerships:
Collaborating for Success

Bridging the gap from theory to real-world application.

 

Education:
Developing Your Skills

Graduate studies, certificate programs and seminars in value chain creation and optimization.

 

Contact:
The Axia Institute

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Connect with
Unrivaled Expertise

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.