What is Supply Chain?

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Accepted Answer

Supply chain is the process of managing the flow of goods and services from the point of origin to the point of consumption.

It involves the coordination and integration of various activities such as procurement, production, transportation, warehousing, and distribution.
Effective supply chain management can help reduce costs, improve efficiency, and enhance customer satisfaction.
Examples of supply chain include the delivery of raw materials to a factory, the production of finished goods, and the distribution of those goods to retailers or customers.
Supply chain management also involves managing relationships with suppliers and customers, as well as monitoring and optimizing performance.
Technologies such as RFID, GPS, and blockchain are increasingly being used to improve supply chain visibility and traceability.

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