Concept explainers
To determine: The definition of supply chain.
Introduction: A supply chain is a sequence starts with essential providers or raw materials and stretches out the distance to an item or administration. No business association can exist without the two operations and supply chain.
Explanation of Solution
The following is the definition of Supply Chain:
Supply Chain:
It is defined as a sequence of associations, their offices, capacities, and actions that are engaged with manufacturing and conveying a product or administration. The chain starts with essential providers of raw materials and stretches out the distance to the last client. The supply chain fragment required with getting the completed item from the producer to the purchaser is known as distribution channel.
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Chapter 15 Solutions
Loose Leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
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