Definitions
supply chain Tweet Definition of supply chain Like Definition of supply chain on Facebook
noun 
  1. Aligns the capabilities of suppliers, manufacturers, channel partners & customers in order to control the physical flow of products from source to point of use.
" Integrates the activities of all members of the chain to produce higher levels of performance than can be achieved individually. " The focus is on aligning practices used by different businesses that together produce the product & service the customer " to yield superior business performance for all involved. " Provides customers with improved service and decreased cost by blending activities of all participants to increase productivity and reduce costs for all involved. " Replaces adversarial relationships with one that benefits from mutual dependency and more profitable growth for all. " For example:
" Elimination of duplication
" Just In Time manufacturing
" Continuous replenishment
" Quick Response
.
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