A supply chain and the value delivery network refer to the interconnected group of entities, activities, information, and resources involved in producing and delivering a product or service. Every part of the supply chain—which can include suppliers, manufacturers, wholesalers, retailers, transporters, IT providers, and other partners—all work together to create value for customers. At its core, the supply chain is about efficiently managing resources at every step so that products can be delivered to customers when they need them, and at a competitive price. It’s about making sure that everyone along the chain works together effectively to make the entire process as cost-effective and efficient as possible. By streamlining processes like purchasing, production scheduling, inventory management, and transportation, companies can cut costs and increase profitability. Ultimately, the goal of supply chain and value delivery networks is to maximize customer satisfaction.