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Supply chain

A supply chain is a network of facilities[?] and distribution options that performs the functions of procurement[?] of materials; transformation of these material into intermediate[?] and finished products[?]; and distribution of these finished products to customers.

A supply chain essentially has three main parts, the supply, manufacturing and distribution:

  • The supply side concentrates on how, where from and when raw materials are procured and supplied to manufacturing.
  • Manufacturing converts these raw materials to finished products and
  • Distribution ensures that these finished products reach the final customers through a network of distributors[?], warehouses[?] and retailers.

The chain can be said to start with the suppliers of your suppliers and ends with the customers of your customer.

See also

List of Marketing TopicsList of Management Topics
List of Economics TopicsList of Accounting Topics
List of Finance TopicsList of Economists

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