91Ó°ÊÓ

The flow of materials and information required to make a product or provide a service in a pipeline-like fashion. A plan that satisfies the demands of shareholders, employees, and the environment all at the same time. The procedures for determining the set of future activities required to run a supply chain that already exists. Suppliers are chosen.

A Supply Chain Network helps a company to perform more efficiently by connecting its many operations to undertake transactions at the lowest possible cost and profit. A supply chain network provides value to a business by coordinating various operations conducted by different organizations, such as manufacturing, assembly, processing, distribution, and so on, to deliver value to end-users.