The supply chain
Example: Supply chain connects production distribution and delivery stages
Definition
"The supply chain" refers to the entire network involved in producing and delivering a product or service, including sourcing raw materials, manufacturing, distribution, and final delivery to consumers. It connects production, distribution, and delivery stages to ensure goods reach customers efficiently.
Etymology
The term "the supply chain" originates from the concept of linking multiple suppliers and processes in a sequence, similar to links in a chain. It gained prominence in logistics and business during the 20th century as companies sought to optimize production and delivery. Did you know? The phrase emphasizes the interconnectedness of different stages, much like a physical chain connecting individual links.
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"The supply chain" appears in the Vocaplus list "English - Logistics - (A1-C2) - set 1", containing 109 commonly used words.
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