solution

The supply chain of a company refers to all individual firms engaged in the flows of products, services, finances, and information from initial suppliers or the point of origin to final consumers or the point of consumption. The business processes including interconnected activities performed by the supply chain members to facilitate this movement must be managed into a seamless process (supply chain management) and add values for the consumers.

1. Identify members of a company’s supply chain.

2. Discuss how these members work together to effectively (just-in-time) and efficiently (costs minimized) deliver products and services to the consumers who drive the business processes.