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Supply Chain Management Quiz 1
Supply Chain Management Quiz 1
EXAMPLE
The finding and extraction of raw materials is the first step in the generic supply
chain. A logistics provider subsequently transports the raw goods to a supplier,
who serves as the wholesaler. The materials are delivered to a manufacturer, or
more likely a number of manufacturers, who refine and process them into a final
product.
Following that, it is delivered to a distributor, who wholesales the finished
product, which is then supplied to a shop. The merchant offers the product to
customers in a store. When the buyer buys it, the cycle is complete, but the
demand then drives the manufacture of more raw materials, and the cycle
continues.