formal2K
Supply chain
UK //səˈplaɪ tʃeɪn//US //səˈplaɪ tʃeɪn//
Definition
The sequence of processes involved in the production and distribution of goods.
In simple words: The system that moves products from production to sale.
Examples
- The supply chain can be greatly affected by natural disasters.
- Efficient supply chain management is crucial for business success.
- Many companies are rethinking their supply chain strategies post-pandemic.
- Understanding the supply chain helps in reducing costs.
- The supply chain includes everything from raw materials to the final product.
- A robust supply chain ensures timely delivery of products.
Usage notes
Used in business and logistics contexts. Avoid informal situations. Be specific when discussing types of supply chains.
Grammar pattern
supply chain + noun (e.g. management)
Memory hint
Think of a 'chain' linking together supplies like links in a bracelet.
Collocations
- supply chain management
- supply chain logistics
- supply chain disruptions
- supply chain analysis
Synonyms
- logistics system
- distribution network
- supply network
- procurement chain
Common mistakes
- Confused with 'supply' and 'chain' as separate concepts.
- Using in casual conversation where it's not relevant.
- Mispronouncing as 'supply' and 'chain' instead of the phrase.