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Healthcare Glossary
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Supply chain
The linked system involved in the production and delivery of a product, from supplier to customer. Links include manufacturers, suppliers and distributors. Supply chain activities convert natural assets such as raw materials and components into a final product that is delivered to the end customer. In advanced supply chain systems, used products may return to the supply chain at any point where residual value is recyclable.
See also:
Distribution
Related terms
Price fixing, Four Ms, Labelling, Supplier relationship management (SRM), Parallel importing, Free market economy, Trade allowance, Brief summary, Outsourcing, Logistics, Packaging, Business to consumer (B2C), Franchising, Internal Customers, Vertical integration,
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