Value chain analysis is a process that helps companies identify the value they create and capture it. The 5 Steps process has been used by companies to evaluate their value chains and gain insights into how they can improve them. A Value Chain is a group of interrelated activities that have a common goal, such as creating a product or service. Value Chains are made up of suppliers, producers, distributors, customers and end users. Value Chain Analysis looks at the supply chain from the perspective of each participant in order to understand what each participant contributes to the overall value for the organization.