about-supply-chain 5 by sandeshbhat


									About Supply Chain

Supply chain is the system in which vendors are responsible for providing materials for company products. However, supply chain is very complicated than it seems

The system of vendors in a supply chain is often multi-tiered. Company does not get the material directly from supplier but there are two more upstream suppliers in Often one manufacturing industry (upstream) acts as a supplier for the other (downstream) manufacturing unit. For example, a company may have their component The Supplier and manufacturing firm relationship is complex. It is not simple like the supply chain manager orders the part and supplier provides them. Customer ha A manufacturing firm needs to provide a forecast (number of units required in a year), so that the supplier can make arrangements to make sure that the customer r

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