Supply Chain Services Definition. A supply chain is made up of all parties involved in fulfilling a purchase, including raw materials, manufacturing the product, transporting completed items and supporting services. It is the worldwide system that a business uses to produce products or services.
Often times scm can be confused with the term logistics management. But it’s a complicated process, one that benefits from having robust project management tools to plan, monitor and report on the many aspects of the supply chain that need control. This process requires an organisation to have a network of suppliers (that serve as links in the chain) to move the product through each stage.
It consists of all the processes that are involved.
Supply chains can include entities like: Let’s look at two different examples of a supply chain. What is supply chain management? This process requires an organisation to have a network of suppliers (that serve as links in the chain) to move the product through each stage.