Value Chains Operations is the term used to describe the interconnected set of activities and processes that are involved with creating a product or service. Every part of the business, from procurement to sales, plays a vital role in producing a valuable output. Understanding the value chain operations can help businesses to identify areas where they can enhance their performance and increase profitability. It enables them to create a competitive edge by improving efficiency and reducing costs. From research and development all the way through to marketing and distribution, every link in the chain must be managed effectively in order for the business to succeed.