What does supply chain mean?

It's a Scorcher! Words for the Summer Heat The meaning of SUPPLY CHAIN is the chain of processes, businesses, etc. by which a commodity is produced and distributed : the companies, materials, and systems involved in manufacturing and delivering goods. How to use supply chain in a sentence.

What is a supply chain in order?

The supply chain segment involved with getting the finished product from the manufacturer to the consumer is known as the distribution channel. The fundamental steps of a supply chain in order are as follows: Sourcing raw materials. Refining those materials into basic parts. Combining those basic parts to create a product. Order fulfillment/Sales.

What is a supply chain & why is it important?

What is a supply chain? A supply chain is the network of all the individuals, organizations, resources, activities and technology involved in the creation and sale of a product. A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.