Supply chain

system of organizations, people, activities, information, and resources involved in moving a product or service from the point where it is manufactured to where it is consumed

A supply chain moves a product or service from supplier to customer. It is the people, activities, information, and resources which move the product.

Supply chain activities transform natural resources, raw materials, and components into a finished product that is delivered to the end user or customer.[1] The term is most used in business and finance. In short, the supply chain is an illustration of the different activities carried on in given transit of goods.

ReferencesEdit

  1. Kozlenkova, Irina; et al. (2015). "The role of marketing channels in supply chain management". Journal of Retailing. 91 (4): 586–609. doi:10.1016/j.jretai.2015.03.003. Retrieved 28 September 2016.