A supply network is a pattern of temporal and spatial processes carried out at facility nodes and over distribution links, which adds value for customers through the manufacture and delivery of products. Space is the extent within which Matter is physically extended and objects and Events have positions relative to one another A customer is someone who makes use of the paid products of an individual or Organization. In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need It comprises the general state of business affairs in which all kinds of material (work-in-process material as well as finished products) are transformed and moved between various value-add points to maximize the value added for customers. Value added refers to the additional value of a commodity over the cost of commodities used to produce it from the previous stage of production Value added refers to the additional value of a commodity over the cost of commodities used to produce it from the previous stage of production
A supply chain is a special instance of a supply network in which raw materials, intermediate materials and finished goods are procured exclusively as products through a chain of processes that supply one another. A supply chain or logistics network is the system of organizations people technology activities information and resources involved in moving a product or service from A raw material is something that is acted upon or used by Organisms, or by human labour or Industry, for use as a Building material to create some product Intermediate goods or producer goods are goods used as inputs in the production of other goods such as partly finished goods or Raw materials A firm may
In the semiconductors industry, for example, work-in-process moves from fabrication to assembly, and then to the test house. The term "supply network" refers to the high-tech phenomenon of contract manufacturing where the brand owner does not touch the product. Instead, she coordinates with contract manufacturers and component suppliers who ship components to the brand owner. This business practice requires the brand owner to stay in touch with multiple parties or "network" at once.
Dapyx Software network: MP3 Explorer | Ebook Manager | Zenithic