Capterra Glossary
Demand-driven Value Network (DDVN)
A demand-driven value network (DDVN) is a specially designed digital business system that works to optimize supply chain activities, making them “ultra-efficient.” A DDVN can anticipate demand and improve delivery.
What Small and Midsize Businesses Need to Know About Demand-driven Value Network (DDVN)
SMBs that use a DDVN can lessen the inventory in stores and warehouses, improving cash flow and minimizing waste. As a result, they can offer improved customer service and enhance delivery service. Using DDVNs does require a significant monetary investment as well as training time for staff. Also, the system requires a shift from the sole focus on transactional sales and more of a commitment to improving the supply chain.
Related Terms
- Enterprise Resource Planning (ERP)
- Procurement
- Total Cost of Ownership (TCO)
- Vendor
- Supply Chain Planning (SCP)
- Telematics
- Senpai
- Vendor Management
- Value-Added Reseller (VAR)
- Bill of Materials (BOM)
- Supply Chain
- Smart Factory
- Scanner
- SCADA (Supervisory Control and Data Acquisition)
- Radio-frequency Identification (RFID)