Friday, 2 January 2015

Who are the Participants in the Supply Chain? – The Service Providers

The final participant in a supply chain is the service providers. These are the different organisations that offer their expertise services to the other participants in the supply chain: retailers, producers, distributors and customers by focusing certain activities that the supply chain needs to operate. They are able to provide efficient services at competitive prices, making them more cost efficient for the producers, consumers, distributors and the retailers to use rather than performing the activities in-house.

An example of service providers is the organisations that provide warehousing and transportation services. These are logistic providers or they could go by the name of public warehouse companies and trucking companies.  Supply chains have lots of sets of participants that fall into the category of service providers.

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