What is Supply chain?
A '''supply chain''' moves a [[product (business)|product]] or [[service]] from supplier to customer. It is the people, activities, information, and resources which move the product. Supply chain activities transform [[natural resource]]s, [[raw material]]s, and components into a finished product that is delivered to the end user or customer.<ref>{{Cite journal|url=https://www.researchgate.net/publication/276212454|last=Kozlenkova|first=Irina |display-authors=etal |volume=91|issue=4|pages=586–609|access-date=28 September 2016|doi=10.1016/j.jretai.2015.03.003|year=2015|title=The role of marketing channels in supply chain management |journal=Journal of Retailing}}</ref> The term is most used in [[business]] and [[finance]]. In short, the supply chain is an illustration of the different activities carried on in given transit of goods. More than 9000 people still ask this question on Google search, despite [https://www.scmdojo.com/what-is-supply-chain-management/ Supply Chain Management (SCM)] was introduced in early 1980s (Oliver and Webber, 1982) but it’s has been growing in importance since the early 1990s. [https://www.scmdojo.com/history-and-evolution-of-supply-chain-and-logistics/ History and Evolution of Supply Chain and Logistics], the author have explained chronological evolution of the concepts of logistics and the supply chain implies the existence of 7 distinct and important phases of as explained below. * The First: The Transportation Era (1950s) * The Second: The Physical Distribution (1960s) * The Third: Physical Supply, Deregulation and Logistics (1970s) * The Fourth: Transportation, Deregulation, Physical Distribution and Business Logistics (1980s) * The Fifth: Business Logistics (1990s) * The Sixth: Logistics and Supply Chain Management (2000s) * The Seventh: Supply Chain Digitalization (2010’s) == References == {{reflist}} {{stub}} [[Category:Logistics]] [[Category:Manufacturing]]