Information AboutSupply Network |
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A Supply Chain is a special instance of a supply network in which Raw Materials , Intermediate materials and finished goods are procured exclusively as products through a chain of processes that supply one another. In the semiconductors industry, for example, work-in-process moves from fabrication to assembly, and then to the test house. The term "supply network" refers to the high-tech phenomenon of contract manufacturing where Original Equipment Manufacturers (OEMs) don't touch the product. Instead, the OEMs coordinate with contract manufacturers and component suppliers who shipped components to OEMs. This business practice requires the OEMs to stay in touch with multiple parties or "network" at once. |
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