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A system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.
Disruptions in the supply chain caused delays in product delivery.
Problems in the network of suppliers and distributors led to late shipments.
Includes all processes that transform raw materials into final products delivered to end users.
Think of a supply chain as a pipeline that connects suppliers, manufacturers, warehouses, and retailers to deliver products to customers efficiently.
A well-managed supply chain reduces costs, improves delivery times, and enhances customer satisfaction.
Coined in the 1980s in business and logistics contexts, combining 'supply' (from Old French 'supplier') and 'chain' (from Old English 'cæne').
Often used in business, logistics, and economics to describe the flow of goods and services from production to consumption.