Supply Chain

A supply chain refers to the network of organizations, resources, activities, and technologies involved in the creation, production, and distribution of a product or service from its origin to the end customer. It encompasses the entire process, starting from sourcing raw materials, manufacturing, and assembly, to transportation, warehousing, and final delivery. The goal of an efficient supply chain is to ensure that products are delivered in a timely manner, at the right cost, and in optimal condition.

A typical supply chain involves multiple stakeholders, such as suppliers, manufacturers, distributors, retailers, and logistics providers. Managing the supply chain efficiently is crucial for minimizing costs, improving quality, and meeting customer demand, while adapting to market changes and disruptions. Advanced technologies, data analytics, and automation play key roles in enhancing supply chain operations and overall business performance.