External Supply Chain Definition
An external supply chain is a network of suppliers, manufacturers, and other partners that work together to provide goods or services to customers. The term can also refer to the process of managing these relationships.
External supply chains are often complex, with many different stakeholders involved. They can be global in scope, spanning multiple countries and continents. Managing an external supply chain requires careful planning and coordination.
The goal of an external supply chain is to provide goods and services that meet customer demands in a timely and cost-effective manner. To do this, businesses must carefully manage supplier relationships, inventory levels, transportation logistics, and other factors.