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The retail supply chain does NOT include

This question was previously asked in
UGC Paper 2: Commerce 26th June 2019
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  1. manufactures
  2. retailers
  3. wholesalers
  4. regulators

Answer (Detailed Solution Below)

Option 4 : regulators
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Retail Supply Chain Management

All the processes that you utilize to ensure your products reach the customers, starting from obtaining the raw materials, managing inbound materials & production processes to last-mile delivery of those products at your customer’s doorstep, are together known as a retail supply chain.

Players in the supply chain

The primary members of the simple, basic supply chain as follows;

  • Supplier
  • Manufacturer
  • Distributor
  • Retailer
  • Customer

F1 Pratiksha Shraddha 21.11.2020 D2 4

Each of them manages its activities adding value to the creation of a product. The above figure unlocks a basic understanding of the supply chain.

Therefore, from the above explanation, The retail supply chain does NOT include regulators.

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