GlossaryEN1 min readUpdated: Jun 15, 2026
Supply chain
The supply chain comes into view the moment goods leave their point of origin: it describes the complete network of companies, facilities, and process steps involved in sourcing raw materials, manufacturing products, storing, transporting, and delivering them to the end consumer.
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Source: https://en.wikipedia.org/wiki/Supply_chain
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Incoterms 2020 Simulator: Who bears costs & risk?
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The supply chain comes into view the moment goods leave their point of origin: it describes the complete network of companies, facilities, and process steps involved in sourcing raw materials, manufacturing products, storing, transporting, and delivering them to the end consumer. Every participant—raw material supplier, manufacturer, logistics provider, customs broker, retailer—bears defined responsibilities for documentation, quality, and compliance with trade, customs, and dangerous goods regulations. A disruption at any single link cascades through all downstream stages, making visibility and reliable communication between parties an operational necessity rather than an added benefit. Unlike the logistics chain, which focuses on physical transport and warehousing, the supply chain also encompasses upstream and downstream business processes such as procurement, order management, and returns handling.
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