what is the importance of supply 
many consumers are interested in supply because of its impact on price should a manufacturer oversupply the market consumers may receive a price discount however supply is related to so many additional important concepts an efficient supply chain minimizes delays reduces costs and helps markets perform to their full potential the bottom linea cornerstone of economic theory is the concept of supply the number of goods provided to a market for consumption the idea of supply pairs with the idea of demand and these two concepts intertwine to create a market equilibrium that often defines the prices consumers pay and the supply level manufacturers strive for 