"Supply chains encompass everything that companies do to produce and deliver products to customers. Beginning with the procurement of raw materials, they involve shipping and logistics activities, warehousing, manufacturing, packaging, and retailing.
"Effective supply-chain management has long been a key aspect of corporate strategy."
"..supply chain management systems encompass five main components: planning, sourcing, making, delivering, and returning. Collectively, these are supported by organizational functions like information technology, human resources, finance, sales, product design, and quality assurance, which help to ensure the secure and timely flow of data, access to capital, adequate staffing, legal and regulatory compliance, growth, innovation, and customer satisfaction."
"Supply Chain Resiliency." Encyclopedia of Emerging Industries, Gale, 2022. Gale Business: Insights, link.gale.com/apps/doc/BJIPGQ885915148/GBIB?u=la74598&sid=bookmark-GBIB&xid=4d2330a9. Accessed 7 Sept. 2023
At what point in a company's supply chain might they gain a competitive advantage over other similar companies? How do companies market and advertise supply-chain activities and processes to gain the competitive advantage?
