What is another word for supply chain?

The terms supply chain management (SCM) and business logistics management—or simply, logistics—are often used interchangeably.

What is the synonym of supply?

equip, fit (out), furnish, gird, kit (up or out)

What’s another word for supply management?

Also known as procurement, supply management includes the purchase of physical goods, information, services, and any other necessary resources that enable a company to continue operating and growing.

How do you describe a supply chain?

A supply chain is a connected system of organizations, activities, information and resources designed to source, produce and move goods from origination to a final destination—typically from a supplier to an end customer. Modern supply chains are often very complex, spanning multiple countries and involving many steps.

What are business supplies?

The definition of supply is the quantity of product or service a business has to offer to its client at a particular point in time. For a physical, brick and mortar store this means the inventory a business holds on their premises and within warehouses that it can sell to customers.

What is another word for procurement?

In this page you can discover 19 synonyms, antonyms, idiomatic expressions, and related words for procurement, like: obtainment, purchasing, acquisition, acquirement, appropriation, benchmarking, outsourcing, implementation, procurance, risk management and regulatory.

What are the 5 types of supply chain?

Supply chain management has five key elements—planning, sourcing raw materials, manufacturing, delivery, and returns.

What are the four 4 stages of supply chains?

What are the components of your supply chain you should be focusing on right now?
  • INTEGRATION. Integration starts at your strategic planning phase and is critical throughout your communications and information sharing and data analysis and storage. …
  • OPERATIONS. …
  • PURCHASING. …
  • DISTRIBUTION.

What is the opposite of supply?

Antonym of Supply
WordAntonym
SupplyDemand
Get definition and list of more Antonym and Synonym in English Grammar.

What is the synonym of in demand?

This is the most popular game ever devised. favoured. requested. in favour. fashionable.

Will be needed synonym?

Needed Synonyms – WordHippo Thesaurus.

What is another word for needed?
necessaryrequired
essentialdesired
requisitecritical
integrallacking
vitalwanted

How do you use supply?

Noun adequate supplies of fresh water He bought a month’s supply of cigarettes. They took a month’s worth of supplies on the camping trip. The town is in need of basic medical supplies. a store that sells art supplies The state is trying to disrupt the supply of illegal drugs.

What is another word for high demand?

What is another word for high demand?
demandneed
great demandinflated demand
significant demandexcess demand
increased demandrequirement
marketnecessity

What’s another way of saying in high demand?

What is another word for in great demand?
fashionablecoveted
wanteddesirable
populardesired
requestedsought-after
in demandlonged for

What does demand mean in business?

Demand is an economic concept that relates to a consumer’s desire to purchase goods and services and willingness to pay a specific price for them. An increase in the price of a good or service tends to decrease the quantity demanded.

What does great demand mean?

Definition of ‘in (great) demand’

If someone or something is in demand or in great demand, they are very popular and a lot of people want them.

What is the meaning of high demand?

Greatly sought after; desired or required by many people. Sometimes hyphenated. Sometimes used with the modifier “high” before or in the middle of the phrase. To the surprise of some, the product has been in high demand since it was first released.