Supply Chain Management

Supply chain management is the combination of art and science that goes into improving the
way a company finds:
• The raw components it needs to make a product or service
• Manufactures that product or service and delivers it to customers

The most basic supply chain consists of the following parties:

 Suppliers
 Manufacturers
 Warehouses/Storage
 Transporters
 Distributors
 Retailers
 Customers/Consumers
 Producers
Producers or manufacturers are the organizations who are responsible for making a product.
This includes the companies that are producers of raw materials and companies that are
producers of finished goods. Producers of finished goods use the raw materials and
subassemblies made by other producers to create their products.