What Is the Supply Chain? Why Is It Important?

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The Street

By TheStreet.com Staff What Is the Supply Chain and How Does It Work?We live in a global economy, powered by a complex network of resources, materials, manufacturing, and transportation, which work together to bring products and services to customers. This is known as the supply chain. The supply chain is made up of a variety of players ranging from locally based raw material suppliers to large, transnational corporations: Each plays a role in the creation and distribution of the products that fuel everyday life, from the clothing we wear to the roofs above our heads to the food we consume and…

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