supply chain
(noun)
A system of organizations, people, technology, activities, information and resources involved in moving a product or service from supplier to customer.
(noun)
A supply chain is a system of organizations, people, technology, activities, information, and resources involved in moving a product or service from the supplier to the customer. Supply chain activities transform natural resources, raw materials, and components into a finished product that is delivered to the end customer.
(noun)
is a system of organizations, people, technology, activities, information and resources involved in moving a product or service from suppliers to consumers.
Examples of supply chain in the following topics:
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- Marketing can play a key role in integrating supply chain processes and promoting collaboration between different stakeholders.
- Supply chains are crucial functions that allow organizations to translate customer demand into product fulfillment and market delivery.
- Marketing flows and processes encourage information sharing throughout the entire supply chain.
- Marketing flows are often integrated into the larger supply chain of an organization to promote efficiency.
- Show the impact that marketing has on supply chains, both operational and marketing types
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- Streamlining distribution involves the planning and efficient use of supply chain resources and may involve working with intermediaries.
- No doubt the work of logistics and distribution centers greatly influences the entire logistic chain (supply chain), and therefore its optimal functioning is of great significance.
- This process may include the planning of production and/or optimization of supply chains in order to determine the possibility of meeting the demand.
- Supply chain planning compares the demand forecast with the actual demand in order to develop a "master plan" (schedule), based on the multi-level sources and critical materials.
- If these processes are considered from the other side (i. e., for the production of certain products, semi-products and raw materials are needed and are delivered to the factory), they then represent the final products for the factory and the end of one section of the logistics chain.
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- Dre's headphone line, "Beats" was made the companies involved in its supply chain estimated the risk.
- In order to compete in the B2B marketplace huge quantities must be manufactured and inventoried to meet the production needs of all members of the supply chain and ultimately to supply product to retailers.
- Before a commitment to a product or supply chain is made, businesses must test and measure its viability.
- The amount and detail of customer data is now mined for its value to supply chain decisions and the bottom line.
- Measurement is key to production decisions at all levels of the supply chain
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- Retail, the supply chain, marketing, and how services are delivered to buyers have been transformed by technological innovation.
- Retail, the supply chain, marketing and how services are delivered to consumers has been transformed by technological innovation and application.
- Technologies such as mobile commerce,electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, e-mail, mobile applications, social media, telephones and automated data collection systems are commonplace and the new normal for the business world.
- There are advanced platforms to handle documentation automation in supply chain and logistics, domestic and international payment systems, business content management, group buying platforms, online customer assistance, communications via instant messaging and email, information dissemination via blogs and newsgroups, online shopping and order tracking, online banking, online office suites, shopping cart software, teleconferencing, online meetings and electronic ticketing.
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- Online organizational or business buying, B2B, links supply chain systems more efficiently to ultimately satisfy the needs of end users .
- In order to meet the needs of all types of consumers, the scope of just one B2B transaction involves many different companies supplying sub components, raw materials, shipping services and retailing outlets.
- Functions such as electronic purchasing and supply chain management, processing orders electronically, handling customer service, and cooperating with business partners are everyday ocurrances and must be streamlined and efficient.
- Each company, within the B2B arena, must market to its colleagues in order to generate sales and to share in a portion of the supply chain revenue stream.
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- Intermediaries make it possible for a company to deliver its products to the end user without needing to own the whole supply chain.
- Retailers come in a variety of shapes and sizes: from the corner grocery store, to large chains like Wal-Mart and Target.
- They can be small "mom and pop" stores, or huge chains such as Wal-Mart.
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- It creates jobs for the people who supply the raw materials and to factory workers who actually make the products, for the people transporting goods to the marketplace, the construction companies that build the stores and malls and for an entire service sector that maintains goods purchased by individuals.
- Retailers are part of an integrated system called the supply chain.
- Even the second hand retail market has found its way to the Internet via popular auction and sale sites that commission all sales as their part of the retail supply chain.
- The supply chain is a system of organizations, people, technology, activities, information and resources involved in moving a product or service from suppliers to consumers.
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- TCVM also creates value for employees, business partners (customers, delivery chain, supply chain, unions) and shareholders.
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- Functional strategies include marketing strategies, new product development strategies, human resource strategies, financial strategies, legal strategies, supply-chain strategies, and information technology management strategies.
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- Chain Stores - Chain stores are able to buy a wide variety of merchandise in large quantity discounts.
- Furthermore, chains are able to attract many customers because of their convenient locations, made possible by their financial resources and expertise in selecting locations.
- Franchises - Over the years, large chain store retailers have posed a serious competitive threat to small storeowners.
- Information - supplying information about markets to producers and information about products and suppliers to buyers.