Consider the purchase of a can of soda at a convenience store. Describe the various stages in the supply chain and the different flows involved.
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Stages in the supply chain and the flows involved
Explanation:
⇒The supply chain stages comprise customers, retailers, distributors, manufacturers, and raw material suppliers.
⇒Initially, the supplier provides the raw material to the manufacturer, by getting the order and money is passed from the manufacturer to the supplier.
⇒The dealer/distributor gives an order to the manufacturer who in turn makes the product and delivers it in return for money.
⇒The retailer orders it from the distributor and money is passed from the retailer to the distributor.
⇒A customer purchasing a can of soda at a convenience store shows the end of the supply chain, the money going to the retailer from the store.
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