What is Supply Chain?

A supply chain is a complex logistics system that involves the flow of materials, goods, and services from resources to the customer. Supply chain management encompasses planning and coordinating all activities producing and delivering products and services.

Effective supply chain management involves integrating and optimising processes, such as procurement, transportation, warehousing, inventory management, and customer service. The goal is to achieve maximum efficiency, cost savings, and customer satisfaction throughout the supply chain. This requires collaboration and communication between all parties involved, including suppliers, manufacturers, distributors, and retailers.