What is an example of a supply chain that has evolved over time?

An example of an evolved supply chain is the smartphone industry. Initially, smartphone production relied heavily on a linear model where each component was sourced and assembled in a sequential manner. Over time, companies like Apple and Samsung have developed more integrated and global supply chains, utilizing just-in-time manufacturing, strategic partnerships with suppliers, and advanced logistics to enhance efficiency and reduce costs. This evolution has allowed for faster innovation cycles and a greater ability to respond to market demands.