Quick Definition

A supply chain is a network between a company and its suppliers to produce and distribute a specific product to the final buyer. This network includes different activities, people, entities, information, and resources.

Examples

• 1A smartphone manufacturer relies on suppliers from various countries to provide components like chips, screens, and batteries.
• 2A coffee shop chain sources its coffee beans from South America, Africa, and Asia, involving numerous suppliers and logistics services.
• 3A clothing retailer collaborates with fabric suppliers, manufacturers, and distributors to ensure products are available in stores worldwide.
• 4An automobile company coordinates with hundreds of suppliers to assemble thousands of individual parts into a finished vehicle.

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