normally do not transform products in any way. Usually, products are sold to the next supply chain member without much if any modification.

Many OEMs no longer only operate as independent companies. They participate in interconnected supply chains as members. The innovation, which alters the manner in which products are designed, manufactured and processed, has the potential to dramatically alter the manufacturing landscape as is the industrial revolution or the introduction of mass production. The nature change and efforts to maximize their output of supply chain are mentioned in this chapter.

Explanation:

The most critical level is supply chain management (SCM) from the procurement of raw materials to the distribution of the product on its final destination, from the management of inventory, data and finance associated with a product or service.

Although the supply chain is equated with the logistics by many people, logistics is only one part of the supply chain. Today, digitally based SCM systems provide material management and software, order fulfilment, and tracking information, including suppliers, producers and wholesalers, transport and logistics providers and retailers for all parties involved in product or service production.

Support Chain Functions include sourcing, management of product lifecycles, supply chain planning, logistics (including transport and fleet management) and order management (including inventory preparation and maintenance of corporate assets and production lines). SCM can also focus on global commercial activities such as global supply management and international production processes.