Experts breakdown the strains of supply chain demands

But what is a supply chain and how did this happen? Swan Ray, supply chain development specialist with Regional Sustainable Development Partnerships with University of Minnesota Extension, shared these basics at the Economic Alliance coffee talk, a regular remote chat largely among Wadena County leaders, on Nov. 15. Ray works with crops that the university breeds including barley, oats, camelina and hemp, and previously worked with Whole Foods Market and National Cooperative Grocers Association.

“In commerce, a supply chain is a system of organizations, people, activities, information and resources involved in supplying a product or service to a consumer,” Ray noted during the virtual meeting. Each company has their set supply chain to manage in the short and long-term, which impacts the larger supply chain as a whole. For example, a company might have parts delivered to their factory, these parts are transformed into a specific product based on the internal system, the products are transported and sold.

Swan Ray, supply chain development specialist with Regional Sustainable Development Partnerships with University of Minnesota Extension. Contributed / University of Minnesota Extension, 2021

Within a supply chain, the goal

View Source