Monday, February 2, 2009

supply chain

A supply chain or logistics network is the system of organizations, people, technology, activities, information and resources involved in moving a product or service from customer to suppliers. Supply chain activities transform natural resources, rawmaterials and components into a finished product that is delivered to the end customer. In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable.

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