TY - JOUR AB - This article is a corollary to three articles published earlier inManagement Decision. Moreprecise definitions of a modern value chain are proposed, in terms of it being a business system that creates end‐user satisfaction and realises the objectives of other member stakeholders. Comparisons are drawn with the current notion of supply chain management and an explanation is given as to how the supply chain fits into the wider perspective put forward in this paper. Ideas are advanced in relation to value chain relationships and options. Models are then suggested relating to a number of well‐knowninternational companies, where the authors have researched, at primary or secondary level. VL - 38 IS - 3 SN - 0025-1747 DO - 10.1108/EUM0000000005344 UR - https://doi.org/10.1108/EUM0000000005344 AU - Walters David AU - Lancaster Geoff PY - 2000 Y1 - 2000/01/01 TI - Implementing value strategy through the value chain T2 - Management Decision PB - MCB UP Ltd SP - 160 EP - 178 Y2 - 2024/04/26 ER -