Hi, need to submit a 250 words essay on the topic Summery.Any supply chain consists of producers, who are companies that make the products. It also consists of distributors that dispense goods in bulk

Hi, need to submit a 250 words essay on the topic Summery.

Any supply chain consists of producers, who are companies that make the products. It also consists of distributors that dispense goods in bulk from the manufacturers. Other participants distributing goods in small quantities to customers, customers, and the service providers (Hugos 25).

Organizations have to ensure that their strategies and supply chains meet the market requirements. For instance, organizations should consider the price of their suppliers and the amount the customers are willing to pay for the products before participating in any supply chain (Hugos 27).

After identifying a firm’s role and its competencies, the next step involves forming a supply chain management team that will make the chain more effective. For instance, if a company deals with production, it may build large factories in order to produce excess goods (Hugos