Question
“These are many possible structures for SC, but the simplest view has materials
converging on an organising through tiers of suppliers and products diverging through
tiers of customers”. Elaborate!
Answer :
Word Count : 917
A supply chain (SC) is a network of organizations, people, activities, information, and resources involved in moving raw materials into finished products and delivering them to final customers. Although supply chains can have many structures depending on the industry, product type, and market conditions, the simplest and most widely accepted view is that materials converge from multiple suppliers to a focal organization and finished products diverge from that organization through various levels of customers until they reach the final consumer. This structure highlights the flow of materials, information, and finances across interconnected organizations. The converging side of the supply chain begins with the extraction and procurement of raw materials. At the first level are suppliers of natural resources, such as mining companies, farmers, chemical producers, or manufacturers of basic materials. These organizations supply raw materials to component manufacturers, who convert them into parts or semi-finished goods. The component manufacturers, in turn, supply __________ ______ ______ __________ ____ _________ _________ ________ _______ _____ ____.
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A supply chain (SC) is a network of organizations, people, activities, information, and resources involved in moving raw materials into finished products and delivering them to final customers. Although supply chains can have many structures depending on the industry, product type, and market conditions, the simplest and most widely accepted view is that materials converge from multiple suppliers to a focal organization and finished products diverge from that organization through various levels of customers until they reach the final consumer. This structure highlights the flow of materials, information, and finances across interconnected organizations. The converging side of the supply chain begins with the extraction and procurement of raw materials. At the first level are suppliers of natural resources, such as mining companies, farmers, chemical producers, or manufacturers of basic materials. These organizations supply raw materials to component manufacturers, who convert them into parts or semi-finished goods. The component manufacturers, in turn, supply __________ ______ ______ __________ ____ _________ _________ ________ _______ _____ ____.
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