A supply chain is the network of processes and activities involved in producing and delivering a product from its origin to the end consumer. It includes various stages such as sourcing raw materials, manufacturing, transportation, and distribution. Each step is interconnected, ensuring that products are made efficiently and reach customers on time.
Key components of a supply chain include suppliers, manufacturers, warehouses, and retailers. Effective management of the supply chain helps businesses reduce costs, improve quality, and enhance customer satisfaction. By optimizing these processes, companies can respond better to market demands and maintain a competitive edge.