A supply chain is a system of organizations, people, technology, activities, information and resources involved in moving a product or service from supplier to customer. Supply chain activities transform natural resources, raw materials and components into a finished product that is delivered to the end customer. In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable. Supply chains link value chains.
Read more about Supply Chain: Overview, Supply Chain Modeling, Supply Chain Management, Regulations, Development and Design
Famous quotes containing the words supply and/or chain:
“With girls, everything looks great on the surface. But beware of drawers that won’t open. They contain a three-month supply of dirty underwear, unwashed hose, and rubber bands with blobs of hair in them.”
—Erma Bombeck (20th century)
“Oh yes, that’s right. They chain up wild animals. That’s all I am, an animal.”
—John Elder [Anthony Hinds], British screenwriter, and Terence Fisher. Leon (Oliver Reed)