A Supply Chain (SC) is to cover the entire physical process of procurement work from obtaining the raw materials through all process steps until the final product are delivered, installed and tested at the site. The Supply Chain includes a source of raw material, fabrication or manufacture, logistics, expediting and inspection, end-user, and so on.
Related Definitions in the Project: The Project Management; Procurement; Logistics Management; Supply Chain Management
Example Article of the Supply Chain:
The Solar Boom Has A Supply Chain Problem (Source: Oil Price on 12 September 2021): By Rystad Energy - Grid parity, resilient networks and strategic partnerships have spurred growth in the world’s solar panel manufacturing capacity in recent years, to 330 gigawatts (GW) in mid-2021. A Rystad Energy analysis reveals that to meet the 1.5°C 2050 scenario under the Paris Agreement, capacity has to quadruple to 1,200-1,400 GW by 2035 to handle the peak installations needed. This will be a challenging task, however, as manufacturers now see their utilization plummet due to rising costs and Covid-19 – a turn of events that could discourage the investments needed to expand capacity further. The aggregated utilization rate for solar modules (the difference between manufacturing capacity and shipments) was 84% in 2018 and has been decreasing since, to 71% in 2019 and to 58% in 2020, when logistics efficiency and transportation was hampered by the pandemic in most parts of the world. The spread of Covid-19 has created a major economic disruption in the market and is expected to continue to impact utilization rates for most of 2021. ...
