Supply Chain
Supply Chain (supply chain, supply chain) is a network of enterprises, suppliers, traders, customers and service providers that work together on a short-term and cause-dependent basis. Supply Chain includes functions, material procurement organizations, production of intermediate and finished products and distribution of these products.
Tasks and objectives
The goal is to manufacture products and transport them to end customers. Each partner in the chain focuses on what it knows best (focus on core processes) to offer the customer the desired product of the desired quality, at the desired time, in the right place and at the right price.
With integrated flows of materials, information and money, constraints are pushed back, duplicate work is prevented, and a more streamlined process is developed that, once potential improvements are realized, yields profits for all Supply Chain participants.
Factors and requirements
- The combination of all companies that are involved in the manufacture of the product
- Attention is paid to the flow of materials as well as information.
- There is integration with upstream and downstream areas of the supply chain.
- The entire benefit chain is considered, that is, all the economic processes of the companies involved are included.