Supply Chain

Supply Chain refers to the entire process of producing and delivering a product, encompassing the stages from the acquisition of raw materials to the final delivery of the finished product to the consumer. It includes a network of suppliers, manufacturers, warehouses, distributors, retailers, and logistics providers that work together to ensure products are efficiently produced and made available to customers. Key components of a supply chain include sourcing, production, inventory management, transportation, and distribution. Effective supply chain management aims to optimize these processes to reduce costs, improve quality and speed, and enhance customer satisfaction. The supply chain is critical for businesses to remain competitive in the market, as it directly impacts productivity and profitability.