supply chain


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Related to supply chain: Value chain

supply chain

the network of vertically-related raw material and component suppliers, manufacturers, distributors and customers for a product which collectively make up the VALUE-ADDED CHAIN. See SUPPLY CHAIN MANAGEMENT.
References in periodicals archive ?
The global blockchain in supply chain market is expected to exhibit a robust 87% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR).
"Industry 4.0 is an end-to-end industrial transformation, in which mastering the 21st century digital supply chain enabled by blockchain, IoT, and AI technologies is a critical success factor for enterprises to gain a competitive business advantage," said Ron Castro, VP of Supply Chain, IBM.
The conference will begin on 16 April, with Ahmed Al-Shamsi, SVP, Regional MEAE, Borouge, and Chairman, GPCA Supply Chain Committee, delivering the opening address, and Fayez Al Malki, VP, Global Supply Chain, SABIC, and Abdulla Bin Damithan, Chief Commercial Officer, DP World UAE Region, addressing the audience in two must-attend keynote presentations.
Broadly speaking, the supply chain is "the network of organizations that are involved, through upstream and downstream linkages, in the different processes and activities that produce value in the form of products and services in the hands of the ultimate customer."
Lack of supply chain integration can be seen in misguided capacity plans, poorly calibrated production schedules, a cost imbalance for a given supplier, who may even end up out of business, buildup of excess inventory, inefficient use of logistics resources, poor customer service, lost revenues and ultimately diminished returns.
Supply Chain Professional of the Year: Richard Dos Santos of Isential
The addition of Barkawi Management Consultants' consulting expertise and leading supply chain technology services is expected to enable Genpact to deliver to clients global, end-to-end supply chain services bolstered by domain, digital, and data science expertise.
More than 70% of chief supply chain officers and supply chain leadership executives surveyed in a recent report from Accenture believe that by 2020, the supply chain function will drive better customer service for their organizations.
For these and other reasons, it makes sense to digitize the global supply chain. To do that, companies must start with a model of the global supply chain--the structured data and database that can manifest the broad and deep aspects of that supply chain.
I discovered Supply Chain Management for Dummies in a post with a photo of Stanton on an airplane perusing a copy of his brand new book.
The new awards, given out during the Women Leaders in Supply Chain Luncheon, exemplify HighJump's commitment to recognizing and fostering the growth of female leaders.

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