chapter  9
40 Pages

Supply Chain Management

A supply chain is an interlinked system of numerous organizations that collaborate and cooperate in delivering the product and service to the final consumer. These organizations include manufacturers and service providers, suppliers of the manufacturers and service providers, suppliers of the suppliers, distributors, wholesalers and retailers, transporters, and financial institutions. These organizations could be independent of each other or part of a one larger organizational system. These organizations are called “partners” in the supply chain.