A supply chain encompasses every step involved in delivering a product to the end user — from sourcing raw materials, to production, logistics, and final delivery.
Example: The Journey of a Smartphone
- It starts with mining essential raw materials like lithium, silicon, and glass.
- These raw inputs are sent to manufacturing facilities where components such as microchips and displays are made.
- The parts are then assembled into a complete smartphone.
- The finished phones are transported to warehouses, retailers, or online fulfillment centers.
- Finally, you purchase the phone — marking the end of its supply chain journey.