supply chain
Bridgezipf 4.42Pronunciation
/səˈplaɪ tʃeɪn/(suh-PLY CHAYN)
Part of speech
nounbusiness / economics
Chinese
供应链
Definition
The entire network of organisations, people, activities, information, and resources involved in producing and delivering a product — from raw materials to the end consumer.
Word family
- supply-chain(adj)
Collocations
- supply chain management
- supply chain disruption
- global supply chain
- supply chain logistics
- supply chain resilience
- supply chain risk
Examples
- 1.A smartphone's supply chain spans dozens of countries: rare earth minerals mined in Congo, chips fabricated in Taiwan, assembled in China, designed in California, and sold worldwide. (global complexity)
- 2.The COVID-19 pandemic exposed supply chain fragility: a single blocked port or a chip shortage in one factory could halt automobile production on the other side of the world. (vulnerability)
Synonyms
- value chain (the sequence of activities adding value)
- logistics network (the system of transportation and distribution)
Etymology
"supply" from Latin "supplere" (to fill up) + "chain" from Latin "catena" (chain, bond) — a chain of filling needs