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)
“Oft, in the stilly night, Ere Slumber’s chain has bound me, Fond Memory brings the light Of other days around me.”
—Thomas Moore (1779–1852)