What is Supply Chain?
A supply chain is the series of steps and businesses that move a product from the maker, through wholesalers and shops, to the final customer.
Updated
Meaning
English
A supply chain is the series of steps and businesses that move a product from the maker, through wholesalers and shops, to the final customer.
Roman Urdu
Supply chain woh silsila hai jisme maal maker se wholesaler, phir dukaan, aur phir gahak tak pohanchta hai.
Also called logistics chain.
Example
Biscuits move from the factory to a distributor, then to a shopkeeper and finally to a child buying a packet.
Where small businesses feel it
Delays or price jumps at any link reach the shop: late delivery, a missing item, a higher cost. Track lead time per supplier, keep a little safety stock for fast sellers and know a second supplier for key items. See lead time and safety stock.
In Nafaa
Nafaa tracks purchases, stock and low-stock alerts so you can see when to reorder. See inventory management.
Related terms
- Lead Time
Lead time is the number of days between placing an order with a supplier and receiving the goods.
- Safety Stock
Safety stock is the extra quantity of an item kept in hand so the shop does not run out if sales are higher than expected or a delivery is late.
- Vendor
A vendor is a person or company that sells goods or services to a business, also called a supplier.