What is value chain in SAP BC-CUS-TOL-NAV - Business Navigator?

SAP Term: value chain

• Component: BC-CUS-TOL-NAV

• Component Name: Business Navigator

• Description: Aggregated representation of business scenarios across enterprise process areas.

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• Key Concepts: 
  Value chain is a concept used to describe the full range of activities that a business performs to deliver a product or service to its customers. It includes all the steps from the initial sourcing of raw materials, through production and manufacturing, to the final delivery of the product or service. The Business Navigator component of SAP is a tool that helps businesses manage their value chain by providing visibility into their operations and helping them make better decisions. 
  
  How to use it: 
  The Business Navigator component of SAP provides users with an overview of their value chain, allowing them to see how each step in the process affects the overall performance of their business. It also provides users with insights into how they can optimize their operations and make better decisions. Additionally, it allows users to track and monitor their performance over time, helping them identify areas for improvement. 
  
  Tips & Tricks: 
  When using the Business Navigator component of SAP, it is important to remember that it is not a one-size-fits-all solution. Different businesses have different needs and requirements, so it is important to customize the tool to fit your specific needs. Additionally, it is important to keep track of your performance over time so that you can identify areas for improvement and make adjustments as needed. 
  
  Related Information: 
  The Business Navigator component of SAP is part of the larger suite of tools offered by SAP, which includes solutions for enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM), and more. Additionally, there are many other tools available that can help businesses manage their value chain, such as analytics tools and process optimization tools.