Economy, asked by sonalssingh9245, 11 months ago

Diagrammatically supply chain for production organisation

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Answered by prince8292
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A supply chain is a network of retailers, distributors, transporters, storage facilities, and suppliers who take part in the production, delivery, and sale of a product that convert and move the goods from raw materials to end users, it describes the processes and organisations involved in converting and conveying the goods from manufactures to consumers.

The activities close to the raw material stage are known as upstream activities and activities between the manufacturer and end consumer are downstream activities. Marketing distribution concerns these downstream activities. A typical supply chain consists of multiple companies which coordinate activities to set themselves apart from the competition.

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