A supply chain, logistics network, or supply network is a coordinated system of organizations, people, activities, information and resources involved in moving a product or service in physical or virtual manner from supplier to customer. Supply chain activities (aka value chains or life cycle processes) transform raw materials and components into a finished product that is delivered to the end customer. Supply chains link value chains.[1]
Today,the ever increasing technical complexity of standard consumer goods, combined with the ever increasing size and depth of the global market has meant that the link between consumer and vendor is usually only the final link in a long and complex chain or network of exchanges.
This supply chain begins with the extraction of raw material and includes several production links, for instance; component construction, assembly and merging before moving onto several layers of storage facilities of ever decreasing size and ever more remote geographical locations, and finally reaching the consumer.
Although many companies and corporations today are of importance not just on national or regional but also on global scale, none are of a size that enables them to control the entire supply chain, since no existing company controls every link from raw material extraction to consumer.
2007-06-10 04:23:41
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answer #1
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answered by Thomas C 6
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A supply chain is a network of facilities and distribution options that performs the functions of procurement of materials, transformation of these materials into intermediate and finished products, and the distribution of these finished products to customers. Supply chains exist in both service and manufacturing organizations, although the complexity of the chain may vary greatly from industry to industry and firm to firm.
Traditionally, marketing, distribution, planning, manufacturing, and the purchasing organizations along the supply chain operated independently.Marketing's objective of high customer service and maximum sales dollars conflict with manufacturing and distribution goals.
Supply chain management is typically viewed to lie between fully vertically integrated firms, where the entire material flow is owned by a single firm, and those where each channel member operates independently. Therefore coordination between the various players in the chain is key in its effective management
There are four major decision areas in supply chain management: 1) location, 2) production, 3) inventory, and 4) transportation (distribution), and there are both strategic and operational elements in each of these decision areas.
2007-06-10 16:56:12
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answer #2
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answered by Vinu 2
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The supply chain is usally 3/16" hardened steel. It varies in length from 24 to 60 inches. Sometimes it can be as long as 84 inches.
It's used typically to keep your supply nice and safe. Especially when traveling to far away places.
2007-06-10 10:40:51
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answer #3
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answered by Anonymous
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http://www.google.com/search?hl=en&q=Supply+Chain&btnG=Search
2007-06-10 22:55:40
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answer #4
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answered by Anonymous
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Ah yea you are right...give yourself ten points there Einstein.
2007-06-10 10:41:34
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answer #5
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answered by Anonymous
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didnt you just answer your question?
2007-06-10 10:39:32
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answer #6
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answered by qweezyq 2
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