1. Enzyme interacts with substrate
.
2. Enzyme may undergo a conformational change to capture the substrate ("induced fit" model)
3. Enzyme-substrate complex may undergo several changes to form the product(s).
4. The product(s) are released
.
5. The enzyme returns to its original form. It is then ready to do the cycle all over again.
The value chain, Panera Bread's value chain has several component to its value chain, customer service, operating performance, and most important being inbound logistics. The most important for Panera Bread is the Priority on inbound logistics, as it is what differentiates their product from their competitors, which is their most important competitive advantage.
