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
DSCSA vs. FSMA: Why RFID Is a Key Enabler for Compliance with DSCSA and FSMA
This whitepaper explores initiatives by the FDA to improve DSCSA and FSMA compliance using RFID technology leading to safer and more transparent supply chains for both pharmaceuticals and food products
Launch of RFID Executive Education Course
The new RFID Executive Education Series online course helps you understand how leading identification technology can be implemented across industries.
Axia Institute Research Demonstrates Positive Environmental Impact of RFID Technology
Read about the research the Michigan State University’s Axia Institute did with the University of Parma to understand how RFID can impact sustainability.
2023 Axia Value Chain Summit
The Axia Institute will host a Value Chain Summit on October 23 – 24, 2023 in Midland, MI titled Sustaining Success: Building a Resilient Value Chain Ecosystem.
Meet Our 2023 Summer Interns
Please join us in welcoming Danielle, Alicia, Binitha and Emma to The Axia Institute for their summer internships!
Axia Institute Researchers Published in Chemical Transactions Journal (CEt)
Axia Institute researchers were recently published in the Chemical Engineering Transactions (CEt) Journal on the results of their study of RFID Performance on food and beverages.
Axia Institute Participates in Countdown to DSCSA Panel at RFID Live!
The Axia Institute’s Bahar Aliakbarian participated in the “Countdown to DSCSA” panel with other Institute partners at RFID Live! In Orlando!
Exploring Ways to Repurpose Agricultural Waste into Value-Added Products
A new article from Michigan State University discusses how the Axia Institute’s Dr. Bahar Aliakbarian is exploring innovative ways to repurpose agricultural waste and create value-added products.
Axia Whitepaper on Orientation Positions for Testing
This case study conducted by researchers at the Axia Institute aims to provide testing protocols and determine the effects of sample orientation and drug formulation on the readability of RAIN RFID-tagged syringes.
John Hatfield Shares Presentation on Value Chain and Innovation at an Event Hosted by the Midland Business Alliance
The Midland Business Alliance recently held a luncheon for entrepreneurs and innovators featuring a presentation by the Axia Institute’s Executive Director, John Hatfield. The event was sponsored by the Michigan Economic Development Corporation and was well-attended by a variety of business leaders and entrepreneurs interested in learning more about value chains and innovation.
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
Have questions? Learn more about how you can get involved with The Axia Institute.
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.
