supply chain

Bridgezipf 4.42

Pronunciation

/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. 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. 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