Supply Chain
From Open Risk Manual
Revision as of 16:22, 11 May 2023 by Wiki admin (talk | contribs)
Definition
Supply Chain. The complete logistical process (life cycle) of a product or service including: raw materials, transportation, manufacturing, distribution, through end-of-life of the product.
The linked processes that begins with the acquisition of raw material and extends through the delivery of products or services to the end user across the modes of transport.
The full range of activities or processes carried out by entities upstream from the undertaking, which provide products or services that are used in the development of the undertaking’s own products or services. This includes upstream entities with which the undertaking has a direct relationship (often referred to as a first-tier supplier) or an indirect business relationship.
