Definition - Supply Chain

 A supply chain is a system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer. Supply chain activities involve the transformation of natural resources, raw materials, and components into a finished product that is delivered to the end customer.[3] In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable. Supply chains link value chains

Supply Chain Management

1. Sales & Operations Planning

2. Inventory Management

3. Supply Chain Network Analysis

4. Rough Cut Capacity Planning

5. Product Life Cycle Management

6. Tackling and Mitigating Excess and Obsolescence Inventory