Sunday, May 14, 2006

Wikipedia: Supply Chain Definition


Wikipedia (follow the link in the title) definies a supply chain, logistics network, or supply network as a coordinated system of entities, activities, information and resources involved in moving a product or service from supplier to customer.

A definition that I have been personally using for several years now is: a supply chain is a series of links that connect sources of supply of an item to its final end buyers.

Wikipedia also defines supply chain management as the process of planning, implementing, and controlling the operations of the supply chain with the purpose to satisfy customer requirements as efficiently as possible.

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