ENTREPRENEURSHIP

Detailed explanation-1: -A supply chain is the network of all the individuals, organizations, resources, activities and technology involved in the creation and sale of a product. 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.

Detailed explanation-2: -A supply chain network shows the links between organisations and how information and materials flow between these links. The more detailed the supply chain network the more complex and web like the network becomes.

Detailed explanation-3: -A supply chain is the network of individuals, companies, resources, activities, and technologies used to make and sell a product or service. A supply chain starts with the delivery of raw materials from a supplier to a manufacturer and ends with the delivery of the finished product or service to the end consumer.

Detailed explanation-4: -The 5 stages of a supply chain process are planning, obtaining goods, producing, delivering, and returning. To streamline supply chain management and monitor inventory, businesses should use inventory administration software.