Supply Chain

A supply chain refers to the interconnected network of organizations, people, activities, information, and resources involved in the creation and delivery of a product or service from the initial raw materials to the final consumer. It encompasses all stages of production, including sourcing, manufacturing, transportation, warehousing, and retail. The primary goal of a supply chain is to efficiently manage and optimize these processes to ensure that goods are produced and delivered in a timely manner, while minimizing costs and maximizing customer satisfaction. Supply chains can be complex and involve multiple vendors, logistics providers, and distribution channels, making effective supply chain management crucial for businesses to remain competitive in the marketplace.