What is Supply Chain in Retail? Explained

Supply Chain encompasses the end-to-end process of producing, transporting, storing, and delivering goods or services to the consumer. It involves a network of organizations, activities, and technologies, from suppliers to manufacturers, distributors, retailers, and finally, customers. Effective supply chain management is essential for meeting customer demand, minimizing costs, and ensuring a seamless flow of products through the various stages of production and distribution. Advanced technologies play a crucial role in optimizing and enhancing the visibility of these complex supply chain operations.