What Is the Supply Chain?
Also referred to as the logistics network
Suppliers, manufacturers, warehouses, distributioncenters and retail outlets
Work-in-process (WIP) inventory
Finished productsthat flow between the facilities
Suppliers Manufacturers Warehouses & Distribution CentersCustomers
Material CostsTransportationCostsTransportationCostsTransportationCostsInventory CostsManufacturing Costs