In this Video Vocab lesson, we’ll learn business English vocabulary for describing the supply chain, beginning with suppliers, who sell materials or parts to the manufacturers that assemble products. The products then go to distributors, who transport them to retailers, where they are then sold to consumers or end users.
Key Words
Supplay Chain: Is the entire nerwork of business involved in provinding goods or services to customer.
Logistic: Is the process of managing the flow and storage of materoal, goods, informtaion and capital.
Shipping: Is the movement of goods and cargo, either by land, air or sea.
Shipping: Is the movement of goods and cargo, either by land, air or sea.
Supplier: Is a business that provides goods or services to other business in a supply chain.
Materials: Are the physical item that sipplier provides to other business.
Materials: Are the physical item that sipplier provides to other business.
Manufacturer: A manufacturer is who uses machines, tools and labor to transform material into goods.
Distibutor: Is who buys prooducts from manufacturers and the resells them to retaillerr.
Retailer: Is a business that sells product directly to customer or end user.
Consumer: Is the one who uses a good or services that has been prooduced.
