Supply Chain Overview
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Describe the supply chain and what are the components of supply chain?
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The supply chain and its components are described.
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A supply chain, logistics network, or supply network is a coordinated system of entities, activities, information and resources involved in moving a product or service from supplier to customer. The entities of a supply chain typically consist of manufacturers, service providers, distributors, and retail outlets. Supply chain activities transform raw materials and components into a finished product.
The primary objective of supply chain management is to fulfill customer demands through the most efficient use of resources.
Supply chain management is the combination of art and science that goes into improving the way your ...
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