supply chain
supply chain
English Definitions:
supply chain (Noun)
A system of organizations, people, technology, activities, information and resources involved in moving a product or service from supplier to customer.
Supply chain
A supply chain is a system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer. Supply chain activities transform natural resources, raw materials, and components into a finished product that is delivered to the end customer. In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable. Supply chains link value chains.
Supply chain
A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products which later being distributed to end-consumers. Meanwhile, supply chain management deals with the flow of goods within the supply chain in the most efficient manner.In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable. Supply chains link value chains. Suppliers in a supply chain are often ranked by "tier", with first-tier suppliers supplying directly to the client, second-tier suppliers supplying to the first tier, and so on.
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"supply chain." Kamus.net. STANDS4 LLC, 2024. Web. 2 May 2024. <https://www.kamus.net/english/supply+chain>.
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