supply chain (B2)
noun phrase
Pronunciation: /səˈplaɪ tʃeɪn/
Definition
The entire process of making and selling a product, including every step from the sourcing of materials to the delivery of the goods to the customer.
Examples
The pandemic disrupted the global supply chain, leading to shortages of many goods.
Companies are investing in technology to make their supply chains more efficient and resilient.
Understanding the complexities of the supply chain is crucial for effective business management.
How to Use supply chain
- supply chain management (collocation)
- The oversight of materials, information, and finances as they move in-between a process, from beginning to end. — "He specialized in supply chain management after graduation."
- supply chain disruption (collocation)
- An event that interrupts the normal flow of goods and services. — "The factory experienced a significant supply chain disruption due to a port strike."
Synonyms of supply chain
Words with a similar meaning to supply chain:
Antonyms of supply chain
Words with the opposite meaning to supply chain:
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