Consider the purchase of a can of soda at a convenience store.
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The purchase of the can of soda includes flowing stages of the supply chain:
Supplier of the raw material for the soda.
Producer of the soda.
Distributer of the soda.
Retail store of the soda.
The consumer of the soda
The following flows are involved in the purchase of the can of soda:
The flow of materials.
The flow of information.
The flow of funds.
When a product is sold, the profit generated by the sale of the product is distributed to all stages of the supply chain. This is described as the supply chain profitability. When big business organizations make a decision related to the business, they must take the supply chain profitability into consideration. If the profit made by the sale of the product of a company is distributed appropriately, it will help the business organization to grow and run successfully in the long run. For example, if the suppliers, distributors, retailers, consumers are getting profit/benefits and are satisfied with the business activities of a particular company, they (suppliers, distributors, and retailers) will also improve their business performance and contribute to the expansion of the company. That's a company should pay attention to the supply chain profitability while making the decisions.
Supplier of the raw material for the soda.
Producer of the soda.
Distributer of the soda.
Retail store of the soda.
The consumer of the soda
The following flows are involved in the purchase of the can of soda:
The flow of materials.
The flow of information.
The flow of funds.
When a product is sold, the profit generated by the sale of the product is distributed to all stages of the supply chain. This is described as the supply chain profitability. When big business organizations make a decision related to the business, they must take the supply chain profitability into consideration. If the profit made by the sale of the product of a company is distributed appropriately, it will help the business organization to grow and run successfully in the long run. For example, if the suppliers, distributors, retailers, consumers are getting profit/benefits and are satisfied with the business activities of a particular company, they (suppliers, distributors, and retailers) will also improve their business performance and contribute to the expansion of the company. That's a company should pay attention to the supply chain profitability while making the decisions.
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