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- DictionarySup·ply chain/səˈplī CHān/
noun
- 1. the sequence of processes involved in the production and distribution of a commodity.
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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.
Jun 13, 2024 · A supply chain is a network of entities who create a product and deliver it to its consumer. An effective supply chain results in lower costs and faster production.
Aug 17, 2022 · In this McKinsey Explainers, we define what a supply chain is, how it connects businesses and consumers, and the risks and disruptions that impact our world.
A supply chain, sometimes expressed as a "supply-chain", [1] is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them [2] to end consumers [3] or end customers. [4] Meanwhile, supply chain management deals with the flow of goods within the supply chain in the most efficient ...
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.
A supply chain is an entire system of producing and delivering a product or service, from the very beginning stage of sourcing the raw materials to the final delivery of the product or service to end-users.
Jun 27, 2024 · Supply chain management (SCM) is the centralized management of the flow of goods and services to and from a company and includes all of the processes involved in transforming raw materials and...
the system of people and organizations that are involved in getting a product from the place where it is made to customers: Every step of the retail supply chain is now tracked by computer. Our objective was to streamline and speed up our supply chain. supply-chain costs / problems.
the system of people and organizations that are involved in getting a product from the place where it is made to customers: Every step of the retail supply chain is now tracked by computer. Our objective was to streamline and speed up our supply chain. supply-chain costs / problems.
Jan 29, 2022 · Updated Jan 29, 2024. Bill of Exchange: Definition, How It Works, and Examples. By. Marshall Hargrave. Updated Jun 12, 2024. Frequently Asked Questions. What is the difference between direct and...