🎵 What is a Supply Chain? A supply chain is a global network that delivers products and services from raw materials to end customers through an engineered flow of information, physical distribution, and cash.
📦 Basic Supply Chain Components:
🔄 Four Basic Flows:
📊 Supply Chain Strategies:
🍰 Supply Chain Example: A bakery uses a wholesale food distributor for ingredients, producing cakes for customers.
🏭 Manufacturing Supply Chain: Involves multiple tiers of suppliers and distribution centers, with primary product flows from left to right and cash flows from right to left.
⚡ Service Supply Chains: Include industries like electricity providers and legal advisors, focusing on delivering services rather than products.
🔗 Types of Supply Chain Management:
📈 Benefits:
🛠️ Stages of Supply Chain Management Evolution:
📦 What is Supply Chain Management? It is the management of the flow of goods and services, including the movement and storage of raw materials, work in process inventory, and finished goods from origin to consumption.