Supply chain

supplierssupply chainssupply-chainsupplysupplierLogistics networkproduction chainsupplier networksupply chain managementcommercial supply chains
In business and finance, supply chain is a system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.wikipedia
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Vendor

traveling salesmanvendorssupplier
moving a product or service from supplier to customer.
In a supply chain, a vendor, or a seller, is an enterprise that contributes goods or services.

Extended enterprise

external initiatives
More recently, the loosely coupled, self-organizing network of businesses that cooperates to provide product and service offerings has been called the extended enterprise.
Alternatively referred to as a "supply chain" or a "value chain", the extended enterprise describes the community of participants involved with provisioning a set of service offerings.

Customer

customersclientclientele
moving a product or service from supplier to customer. Various aspects of optimizing the supply chain include liaising with suppliers to eliminate bottlenecks; sourcing strategically to strike a balance between lowest material cost and transportation, implementing just-in-time techniques to optimize manufacturing flow; maintaining the right mix and location of factories and warehouses to serve customer markets; and using location allocation, vehicle routing analysis, dynamic programming, and traditional logistics optimization to maximize the efficiency of distribution.
Clients who habitually return to a seller develop customs that allow for regular, sustained commerce that allows the seller to develop statistical models to optimize production processes (which change the nature or form of goods or services) and supply chains (which changes the location or formalizes the changes of ownership or entitlement transactions).

Vertical integration

vertically integratedvertically-integratedvertically integrate
This is one form of vertical integration.
In microeconomics and management, vertical integration is an arrangement in which the supply chain of a company is owned by that company.

Keith Oliver

Keith Oliver, a consultant at Booz Allen Hamilton, is credited with the term's invention after using it in an interview for the Financial Times in 1982.
Keith Oliver is a British top logistician and consultant famous for coining the terms "Supply Chain" and "Supply Chain Management" first using them in public in an interview with Arnold Kransdorff of the Financial Times on 4 June 1982.

Value chain

value-added chainIndustry Level Value Chainsupporting value chains
Supply chains link value chains.
An industry value-chain is a physical representation of the various processes involved in producing goods (and services), starting with raw materials and ending with the delivered product (also known as the supply chain).

Supply chain optimization

optimize the wider supply chainoptimizing the supply chain
Various aspects of optimizing the supply chain include liaising with suppliers to eliminate bottlenecks; sourcing strategically to strike a balance between lowest material cost and transportation, implementing just-in-time techniques to optimize manufacturing flow; maintaining the right mix and location of factories and warehouses to serve customer markets; and using location allocation, vehicle routing analysis, dynamic programming, and traditional logistics optimization to maximize the efficiency of distribution.
Supply-chain optimization is the application of processes and tools to ensure the optimal operation of a manufacturing and distribution supply chain.

Business continuity planning

business continuityresiliencebusiness continuity management
In recent studies, resilience, as "the ability of a supply chain to cope with change", is regarded as the next phase in the evolution of traditional, place-centric enterprise structures to highly virtualized, customer-centric structures that enable people to work anytime, anywhere.
Any event that could negatively impact operations should be included in the plan, such as supply chain interruption, loss of or damage to critical infrastructure (major machinery or computing /network resource).

Internet

onlinethe Internetweb
On the Internet, customers can directly contact the distributors.
Business-to-business and financial services on the Internet affect supply chains across entire industries.

Logistics

logisticallogisticlogistics management
Various aspects of optimizing the supply chain include liaising with suppliers to eliminate bottlenecks; sourcing strategically to strike a balance between lowest material cost and transportation, implementing just-in-time techniques to optimize manufacturing flow; maintaining the right mix and location of factories and warehouses to serve customer markets; and using location allocation, vehicle routing analysis, dynamic programming, and traditional logistics optimization to maximize the efficiency of distribution.
Business logistics incorporates all industry sectors and aims to manage the fruition of project life cycles, supply chains, and resultant efficiencies.

Corporate social responsibility

CSRcorporate responsibilitycorporate citizenship
Incidents like the 2013 Savar building collapse with more than 1,100 victims have led to widespread discussions about corporate social responsibility across global supply chains.
They highlighted the use of technology in improving visibility across the supply chain.

Globalization

globalisationglobalizedglobal
With increasing globalization and easier access to alternative products in today's markets, the importance of product design to generating demand is more significant than ever.
The journalist Thomas L. Friedman popularized the term "flat world", arguing that globalized trade, outsourcing, supply-chaining, and political forces had permanently changed the world, for better and worse.

Transport

transportationtransportation infrastructuretransport infrastructure
Various aspects of optimizing the supply chain include liaising with suppliers to eliminate bottlenecks; sourcing strategically to strike a balance between lowest material cost and transportation, implementing just-in-time techniques to optimize manufacturing flow; maintaining the right mix and location of factories and warehouses to serve customer markets; and using location allocation, vehicle routing analysis, dynamic programming, and traditional logistics optimization to maximize the efficiency of distribution.
On the operative level, logistics allows owners of cargo to plan transport as part of the supply chain.

2013 Dhaka garment factory collapse

2013 Savar building collapseRana PlazaRana Plaza Collapse
Incidents like the 2013 Savar building collapse with more than 1,100 victims have led to widespread discussions about corporate social responsibility across global supply chains.
The Savar building collapse has led to widespread discussions about corporate social responsibility across global supply chains.

10 + 2

Importer Security Filing10+2
These new regulations include the Importer Security Filing (ISF) and additional provisions of the Certified Cargo Screening Program.

Business

for-profitenterprisefirm
In business and finance, supply chain is a system of organizations, people, activities, information, and resources involved in

Finance

financialfinancesfiscal
In business and finance, supply chain is a system of organizations, people, activities, information, and resources involved in

Product (business)

productproductsmerchandise
moving a product or service from supplier to customer. In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable.

Service (business)

serviceservicesservice company
moving a product or service from supplier to customer.

Natural resource

natural resourcesresourcesmineral resources
Supply chain activities involve the transformation of natural resources, raw materials, and components into a finished product that is delivered to the end customer.

Raw material

raw materialsfeedstockmaterial
Supply chain activities involve the transformation of natural resources, raw materials, and components into a finished product that is delivered to the end customer.

End user

end-userend-usersend users
Supply chain activities involve the transformation of natural resources, raw materials, and components into a finished product that is delivered to the end customer.

System

systemssubsystemsubsystems
In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable.

Residual value

salvage valuesalvagescrap value
In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable.

Brand

brand namemarquebrands
As part of their efforts to demonstrate ethical practices, many large companies and global brands are integrating codes of conduct and guidelines into their corporate cultures and management systems.