"What is the Supply Chain?" Vocabulary
Consumer
A person who purchases goods and services for personal use
Regulations
The formal instructions that government issues for implementing laws.
Economic Globalization
The spread of trade, transportation, and communication systems around the world in the interests of promoting worldwide commerce
Manufacture
To make something, especially on a large scale using machinery.
Stockpile
a large supply of something that is kept to be used in the future if necessary
Essential
absolutely necessary
Resilient
quick to recover
Raw Materials
the basic material from which a product is made.
Supply Chain
the group of businesses that make and deliver a given set of goods and services
Supply Chains
the sequence of processes involved in the production and distribution of a commodity.