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:
“The supply of words in the world market is plentiful but the demand is falling. Let deeds follow words now.”
—Lech Walesa (b. 1943)
“Loyalty to petrified opinions never yet broke a chain or freed a human soul in this world—and never will.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)