BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The supply chain is a network of organizations and business processes for procuring raw materials, transforming these materials into intermediate and finished products, and distributing the finished products to customers.

Detailed explanation-2: -A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user. The supply chain segment involved with getting the finished product from the manufacturer to the consumer is known as the distribution channel.

Detailed explanation-3: -The Key Steps in a Supply Chain Original sourcing or extraction of raw materials. Refining or manufacturing materials into basic parts. Assembling basic parts into finished products. Selling finished products to end users. Delivering finished products to end users or consumers.

Detailed explanation-4: -An example of a supply chain in the food industry includes farming, manufacturing, packaging and transporting food products. By managing the supply chain effectively, companies reduce production costs, avoid shortages of raw materials and deliver products to customers timely.