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:
“Artistic inspiration ignores the law of supply and demand.”
—Mason Cooley (b. 1927)
“A chain is no stronger than its weakest link, and life is after all a chain.”
—William James (1842–1910)