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2. Smiling curve - Wikipedia

   en.wikipedia.org/wiki/Smiling_Curve

   According to Shih's observation, in the personal computer industry, the two ends of the value chain – conception and marketing – command higher values added to the product than the middle part of the value chain – manufacturing. If this phenomenon is presented in a graph with a Y-axis for value-added and an X-axis for value chain (stage ...

3. Value chain - Wikipedia

   en.wikipedia.org/wiki/Value_chain

   A value chain is a progression of activities that a business or firm performs in order to deliver goods and services of value to an end customer.The concept comes from the field of business management and was first described by Michael Porter in his 1985 best-seller, Competitive Advantage: Creating and Sustaining Superior Performance.

4. Value-stream mapping - Wikipedia

   en.wikipedia.org/wiki/Value-stream_mapping

   Value-stream mapping has supporting methods that are often used in lean environments to analyze and design flows at the system level (across multiple processes).. Although value-stream mapping is often associated with manufacturing, it is also used in logistics, supply chain, service related industries, healthcare, [5] [6] software development, [7] [8] product development, [9] project ...

5. Value stream - Wikipedia

   en.wikipedia.org/wiki/Value_stream

   A value stream is the set of actions that take place to add value to a customer from the initial request through realization of value by the customer. The value stream begins with the initial concept, moves through various stages of development and on through delivery and support. A value stream always begins and ends with a customer.

6. Supply chain - Wikipedia

   en.wikipedia.org/wiki/Supply_chain

   In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable. Supply chains link value chains. [6] Suppliers in a supply chain are often ranked by "tier", with first-tier suppliers supplying directly to the client, second-tier suppliers supplying to the first tier, and so on. [7]

7. How to retire on less than $1 million and never run out of money

   www.aol.com/finance/retire-less-1-million-never...

   Bottom line. Ultimately, whether you can retire on less than $1 million will largely depend on your spending needs during retirement and your remaining life expectancy.