Consider the purchase of a can of carbonated beverage at a convenience store. Describe the various stages in the supply chain and the different flows involved.
The purchase of a can of carbonated beverage at a convenience store involves several stages in the supply chain and different flows.
Here are the main stages involved:
Raw Material Suppliers: The first stage in the supply chain is the raw material suppliers who provide the raw materials required to manufacture the beverage. This includes sugar, water, flavors, and carbon dioxide.
Manufacturing: Once the raw materials are procured, they are sent to the beverage manufacturing facility. Here, the ingredients are mixed, carbonated, and filled into cans. The cans are then labeled and packaged for distribution.
Distribution: The packaged cans are transported from the manufacturing facility to the distributor's warehouse. The distributor then distributes the product to different retail stores, including the convenience store.
Retail Store: The convenience store is the final stage in the supply chain. The retailer receives the product from the distributor and stocks it on the store shelves. The consumer visits the convenience store and purchases the can of carbonated beverage.
Consumer or end level customer, who are the soul of a business.
The different flows involved in the supply chain of a can of carbonated beverage are:
Material Flow: The material flow involves the physical movement of the raw materials, finished goods, and packaging materials from one stage of the supply chain to another.
Information Flow: The information flow involves the sharing of information between different stages of the supply chain. This includes orders, production schedules, inventory levels, and delivery schedules.
Financial Flow: The financial flow involves the transfer of money between different stages of the supply chain. This includes payment to suppliers, payment to manufacturers, payment to distributors, and payment from consumers.
Reverse Flow: If customer returns the products then it will be a reverse flow of full stages.
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