Supply Chain - Business concept of the day
Logistics & Supply Chain
327 week ago — 1 min read
Definition: A supply chain is a network between a company and its suppliers to produce and distribute a specific product, and the supply chain represents the steps it takes to get the product or service to the customer.
Example: The ice cream producer had to change it’s entire supply chain when it made a decision to only produce only organic ice cream.
Business Insight: A regimented system for supply of raw materials and payments in return is necessary for firms to do business sustainably when they have a large supply chain.
Posted by
GlobalLinker StaffWe are a team of experienced industry professionals committed to sharing our knowledge and skills with small & medium enterprises.
Network with SMEs mentioned in this article
View GlobalLinker 's profile
SME Inspirations
Most read this week
Trending
Ecommerce 4 days ago
Comments (2)
Please login or Register to join the discussion