Overview
Supply chains link suppliers, manufacturers, warehouses, carriers, retailers, and customers. Disruptions at one point can affect availability and cost elsewhere.
Core ideas
Demand forecasting estimates future needs but includes error. Inventory policies balance shortage risk against holding cost; procurement manages supplier selection and relationships. Supplier collaboration and accurate data can improve visibility across handoffs.
Try it
Map the journey of a common household item from likely raw material to a local store. Record the result and explain one limitation.
Study pathways
Routes include supply-chain, operations, logistics, and business programs, plus analytics and procurement training. Professional certifications have varying experience and exam requirements. Review program outcomes and local requirements before choosing a path.