Supply Chain

A supply chain is a network of individuals, organizations, resources, activities, and technology involved in the creation and delivery of a product or service from the initial stage of raw materials to the final customer. It encompasses the processes of sourcing, production, logistics, and distribution. The goal of a supply chain is to efficiently manage the flow of goods and services to meet customer demand while minimizing costs and maximizing value. Effective supply chain management involves coordinating and integrating these components to ensure smooth operations, optimize inventory, reduce lead times, and enhance overall productivity.