Man needs different goods to satisfy his needs .In early days, these needs were basic for his survival like food, shelter, clothing etc. He was able to meet these needs by wandering in the forest and hunting animals for food, risking his life for survival.
From this phase, we humans have developed safer civilizations as we started cultivating food there by reducing dependency on nature. This control over satisfying our needs has been part of our evolution.
From basic needs, man’s desires has been evolving to a level that his needs can no more can be satisfied by himself. For this, he started to trade by selling his skills to get his needs met from others.
With industrial revolution, people instead of working in silos, came to work together using which they were able to produce much more than they could have if worked alone. (1+1 =10 for humans)
Technology and needs of people have been evolving and accordingly these industrial setups has been adopting to the challenges of catering the growing complex needs.
Initially needs of people who are rich were only able to met but industries have been focusing on the productivity to bring the costs down so that an average person can also meets his needs. This has led to industries adopting various technologies and wisdom of generations are being applied to improve the ways of producing goods in efficient way.
On the other hand , with the development of automobiles and infrastructure goods that are manufactured at one place are reaching to the nook and corner of the world.
With all these developments humans no longer need to risk their lives to get their needs met they just need to walk a few steps in their AC car comfortably and pluck the fruits and other needs from trees of supermarkets.
Moving forward, the trend growth has taken a major disruption in the recent years with the advent of e-commerce .Now you need not even go out to get your goods , through a single bright screen, you can meet your needs of goods and services without moving an inch. We have come a long way!
Have you ever wondered what enabled us to advance the civilization to this point? It is the Supply chain that has made all this possible. Supply chain is defined as below : A supply chain consists of all parties involved, directly or indirectly, in fulfilling a customer request. The supply chain includes not only the manufacturer and suppliers, but also transporters,warehouses, retailers, and even customers themselves. Thank you for reading. Stay tuned to this blog for more supply chain related articles! |
Very well written.
ReplyDeleteVery well articulated. Looking for more to come...👍
ReplyDeleteVery good 👍
ReplyDelete