1
The backbone of global commerce, connecting raw materials to the end consumer through a series of interconnected businesses.
2
A highly complex network of interconnected components designed to optimize efficiency and reduce costs.
3
The science of managing the flow of goods, information, and other resources from the point of origin to the point of consumption.
4
The process of transporting goods, often across international borders, using various modes of transportation.
5
A textile production method involving interlacing loops of yarn to create a fabric.
6
The process of balancing supply and demand to ensure optimal inventory levels and minimize costs.
7
A business that provides goods or services to another company, often under a contractual agreement.
8
A powerful, ever-changing influence that shapes market trends and consumer behavior.
9
A company that converts raw materials or components into finished goods.
10
An intermediary that links manufacturers to retailers, playing a crucial role in the distribution of products.
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The final link in the supply chain, directly interacting with consumers and fulfilling their needs.
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The end user of goods or services, driving demand in the market.
13
The substances or components used in the manufacturing process.
14
The quantity of a good or service that consumers are willing and able to buy.
15
Government policies designed to restrict imports and protect domestic industries from foreign competition.
16
The value of the next best alternative forgone when making a decision.
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