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Bookmark or Share- What is supply chain and how does it function? | McKinseyA supply chain includes all the raw materials and parts that are made into a product and distributed up the chain for manufacture and sale. In contrast, a value chain encompasses all the individual steps that are taken to create a marketable product.
- Supply Chain Management: Principles, Examples & Templates ...A supply chain is a collection of suppliers required to create one specific product for a company. The chain is made up of nodes or “links,” which can include multiple manufacturers for parts, then the completed product, then the warehouse where it is stored, then its distribution centers, and finally, the store where a consumer can purchase it.
- Supply Chain Management (SCM): How It Works & Why It's ImportantSupply chain management (SCM) is the management of the flow of goods and services, including all the processes of turning raw materials into final products.
- Supply Chain Management (SCM): What, Why and How - GartnerMore than 60% of supply chain leaders say the supply chain management (SCM) process is responsible for escalating costs and risks. And it's about to go from bad to worse: Over half expect SCM to become more complex over the next five years. Download this guide to learn: The main supply chain challenges that create the most complexity.
- What is Supply Chain Management (SCM)? | AccentureA supply chain transforms raw materials and components into a finished product that’s delivered to a customer. It is made up of a complex network of organizations and activities, such as raw materials suppliers, manufacturers, distributors, retailers and the customer.
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