Supply Chain

Supply Chain – Like links in a chain, there is a connected, interrelated ‘chain’ or network of retailers, distributors, delivery/logistics, transportation, warehousing/storage facilities, and suppliers that take part in the making, delivery, storage and sale of a product to consumers. This is known as the supply chain. Various different companies align and coordinate their activities to be more competitive, stronger together, optimizing and leveraging their profits.  Supply (raw material, logistics), manufacturing (conversion into finished products/assets) and distribution (delivery, storage, sale, retailers et al), are the three components and players in these systems and process dynamics in the marketplace.  When it comes to investments,  internet technology, finance, and many other industries, this ‘concept’ is transferable and present. There are costs and benefits of this type of supply chain strategy. See also supply chain management (SCM), where monitoring and tracking, oversight and operations management as a whole, even across companies apply. Product, information and payment flows are also part of these dynamics.