The term "supply chain" means all the members are linked together in one master contract covering a long time period.

Question

Quizplus · Accepted Answer

The term "supply chain" refers to the sequence of activities involved in the production and distribution of a product or service, including all the organizations, people, activities, information, and resources involved in moving a product from the supplier to the customer. While there may be agreements or contracts between some members of the supply chain, there is typically no single master contract that covers all members for a long time period.

The Term "Supply Chain" Means All the Members Are Linked