Value Configuration Analysis (VCA)

Value configuration analysis (VCA) is a current contribution to strategic management theory by Stabell and Fjeldstad, which both introduces the well-known VCM and also incorporates an appealing option in the value network model (VNM) (Stabell and Fjeldstad, 1998). It deals with firm-level differences in terms of value creation, and offers an alternative understanding of the knowledge- and service-based activities which are central to well-functioning supply relationships. VCA has never been systematically applied to understand either supply chains or supply networks, two important representations of supply relationships, although its basic arguments suggest that the value chain/value systems line of reasoning alone can provide only partial understandings of supply relationships.