Business Term Status
The Business Term is currently validated by the Data Governance Committee.
Subdomain
🏢STRUCTURE FOR PURCHASING
Business Term Definition
Value chains are the preponderant feedstocks in the manufacturing route of the products. One product could be associated with multiple value chains according to the manufacturing route. "Value chain" is the second level of the stream taxonomy.
Roles
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Data Sources, Type and Classification
WBP
Reference Data
Internal Data
Related Business Terms
| Business Term | Description | Link |
|---|---|---|
| Stream Taxonomy | Scheme of classification of raw materials, based on feedstocks used in their manufacturing route. It enables activities such as spend analysis and forecasts, risk management, opportunity heat maps and environmental reports. This is achieved by using a three-level hierarchy consisting of stream, value chain and product. | Stream Taxonomy |