Category: Supply Chain

A supply chain is a network of organizations, people, activities, information, and resources involved in the creation and delivery of a product or service from the initial supplier to the end consumer. It encompasses all processes from the sourcing of raw materials, through manufacturing and assembly, to distribution and logistics, ultimately leading to the delivery of finished goods. The aim of a supply chain is to improve efficiency, reduce costs, and enhance the overall value delivered to customers. Effective supply chain management involves coordinating and optimizing these various components to ensure timely delivery, quality control, and responsiveness to market demands.