What is a supply chain?



What is a supply chain?..

Answer / chaitanya

The supply chain — a term now commonly used internationally — encompasses every effort involved in producing and delivering a final product or service, from the supplier's supplier to the customer's customer . Supply chain management includes managing supply and demand, sourcing raw materials and parts, manufacturing and assembly, warehousing and inventory tracking, order entry and order management, distribution across all channels, and delivery to the customer.
Due to its wide scope, supply chain management must address complex interdependencies; in effect creating an "extended enterprise" that reaches far beyond the factory door. Today, material and service suppliers, channel supply partners (wholesalers / distributors, retailers), and customers themselves, as well as supply chain management consultants, software product suppliers and system developers, are all key players in supply-chain management.

Is This Answer Correct ?    4 Yes 0 No

Post New Answer

More Supply Chain Management Interview Questions

whats KPI and kinds of KPIs

0 Answers   Tesco,


What is logistics?

3 Answers   Gati,


Why do want to join our organization? 2)what value add will bring to the table?

0 Answers   Dalmia Group, Pepsi,


Where can I study SCM?

2 Answers  


theoretically, i know the difference between the three types of RFQ (Catalog, Standard, and Bid), but all i need is a practical example for each one to understand the differences. I'll appreciate your responses.  

0 Answers   Intrasoft,






Do you manage supply chain risk?

0 Answers  


Is there a typical career path in SCM?

1 Answers  


Why is supply chain management important?

2 Answers  


what is difference between supply chain and logistics

0 Answers  


What is a supply chain?

1 Answers   Exxaro,


What challenges do companies face as they try to improve SCM?

1 Answers  


What kinds of jobs (and salaries) are available for SCM graduates?

1 Answers  


Categories
  • Business Administration Interview Questions Business Administration (517)
  • Marketing Sales Interview Questions Marketing Sales (1279)
  • Banking Finance Interview Questions Banking Finance (3208)
  • Human Resources Interview Questions Human Resources (745)
  • Personnel Management Interview Questions Personnel Management (68)
  • Hotel Management Interview Questions Hotel Management (29)
  • Industrial Management Interview Questions Industrial Management (113)
  • Infrastructure Management Interview Questions Infrastructure Management (14)
  • IT Management Interview Questions IT Management (97)
  • Supply Chain Management Interview Questions Supply Chain Management (16)
  • Operations Management Interview Questions Operations Management (39)
  • Funding Interview Questions Funding (79)
  • Insurance Interview Questions Insurance (494)
  • Waste Management Interview Questions Waste Management (1)
  • Labor Management Interview Questions Labor Management (48)
  • Non Technical Interview Questions Non Technical (73)
  • Business Management AllOther Interview Questions Business Management AllOther (546)