SUPPLY CHAIN

25 04 2010

A SUPPLY CHAIN refers to a network of suppliers, manufacturing, assembly, distribution, and logistics facilities that perform the functions of procuring of materials, transformation of these materials into intermediate and finished products, and the distribution of these products to customers. Supply chains arise in both manufacturing and service organizations. It is a systems approach to managing the entire flow of information, materials, and services from raw materials suppliers through factories and warehouses to the customers.

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