Search results
Results from the WOW.Com Content Network
A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them [1] to end consumers [2
[2] [3] A more narrow definition of supply chain management is the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronising supply with demand and measuring performance globally".
An example of a water distribution system: a pumping station, a water tower, water mains, fire hydrants, and service lines [1] [2]. A water distribution system is a part of water supply network with components that carry potable water from a centralized treatment plant or wells to consumers to satisfy residential, commercial, industrial and fire fighting requirements.
In the 1960s, the term "logistics" began to be used in the business world, [2] where it means physical distribution and supply chain management. This is more restricted than the military definition. [8] Logistics is an enabler of military operations, not an end in itself. [9]
Supply chain as connected supply and demand curves. In microeconomics, supply and demand is an economic model of price determination in a market.It postulates that, holding all else equal, the unit price for a particular good or other traded item in a perfectly competitive market, will vary until it settles at the market-clearing price, where the quantity demanded equals the quantity supplied ...
Interior lines [a] (as opposed to exterior lines) is a military term, derived from the generic term line of operation or line of movement. [1] The term "interior lines" is commonly used to illustrate, describe, and analyze the various possible routes (lines) of logistics, supply, recon, approach, attack, evasion, maneuver, or retreat of armed forces.
Military supply-chain management is a cross-functional approach to procuring, producing and delivering products and services for military materiel applications. Military supply chain management includes sub-suppliers, suppliers, internal information and funds flow .
Often several customers are supplied from one transformer through secondary distribution lines. Commercial and residential customers are connected to the secondary distribution lines through service drops. Customers demanding a much larger amount of power may be connected directly to the primary distribution level or the subtransmission level. [2]