What you do understand by supply chain.

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Accepted Answer

Supply chain refers to the entire process of delivering a product or service to the end customer.

It involves all the activities from sourcing raw materials to delivering the final product to the customer.
It includes logistics, transportation, inventory management, and distribution.
Efficient supply chain management can lead to cost savings and improved customer satisfaction.
Example: A company sourcing raw materials from different suppliers, manufacturing the product, storing it in a warehouse, and delivering it to retailers.
Example: A hospital procuring medical supplies, storing them in a warehouse, and distributing them to different departments.

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