Another example of a supply chain often mentioned in business books is British Steel (BS). The Benetton system works typically on a master-lave basis; it employs more than 800 subcontractors. However, exclusivity is required from many of them. The Japanese steel industry was a success because ...
supply chain n. The sequence or system of organizations or operations that work together to design, produce, and deliver a product or service to a market, extending from the extraction of raw materials to the distribution of finished products or services. Also calledsupply stream. ...
Definition:A supply chain consists of the flow of goods, services, or information from the original supplier to the to end user or customer across organizations and industries. In other words, it’s the list of steps and processes involved in creating, producing, and delivering products to cust...
The meaning of SUPPLY CHAIN is the chain of processes, businesses, etc. by which a commodity is produced and distributed : the companies, materials, and systems involved in manufacturing and delivering goods. How to use supply chain in a sentence.
(redirected fromsupply) Also found in:Dictionary,Thesaurus,Legal,Financial,Acronyms,Idioms,Encyclopedia,Wikipedia. Related to supply:Supply and demand,Supply Schedule,Quantity Supplied,Law of supply supple Physical examadjectiveReferring to free movement of a body part ...
Supply chain definition: the series of growers, manufacturers, distributors, shippers, etc., involved in producing goods of a particular kind and bringing them to market. See examples of SUPPLY CHAIN used in a sentence.
The meaning of SUPPLY is the quantity or amount (as of a commodity) needed or available. How to use supply in a sentence.
to fill the place of another, especially the pulpit of a church, temporarily or as a substitute: Who will supply until the new minister arrives? noun pluralsupplies. the act of supplying, furnishing, providing, satisfying, etc.: to begin the supply of household help. ...
3.To have as a necessary or desirable feature:a crime scene that supplied valuable evidence. 4.To fill sufficiently; satisfy:supply a need. 5.To make up for (a deficiency, for example); compensate for. n.pl.sup·plies 1.The act of supplying:funds for the supply of the expedition. ...
The term fragmentation refers to asupply chainthat is broken up into different parts. Companies spread the production process across different suppliers and manufacturers when they fragment. As such, companies use separate suppliers and component manufacturers to produce their goods and services. ...