Question

What does the term “supply chain” mean?

Answer 1

Supply Chain definition: the sequence of processes involved in the production and distribution of a useful or valuable thing. Some examples of supply chain activities are farming, manufacturing, or packaging.

Answer 2

Answer:

The term 'supply chain' refers to the system that is responsible for the delivery of a product from the manufacturer of the product to the end-user of the product.

Explanation:

A supply chain can be said to be the link of individuals or organizations (or both together) that serves the purpose of bringing a manufactured good to its consumers. A supply chain involves multiple players starting from the manufacturer of the product to the retailer of the product.