Many businesses specialize in the sale of products to consumers, but rarely do retailers offer products that they themselves produce. Instead, there is a production pipeline that consists of multiple steps that get a product from point A to point B. Establishing a supply chain for your business is a crucial step, as the reliable and affordable flow of products is the cornerstone of a profitable business. Manufacturers Manufacturing is the first step in the production pipeline, and it consists of converting raw material into usable products. However, that description…
Read MoreThe 4 Steps of the Supply Chain
