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SCM 300 Exam 1 Davila Study Guide Solutions Updated 2024

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SCM 300 Exam 1 Davila Study Guide Solutions Updated 2024 Supply chain management- - ANSWER-Efficient integration of: -Suppliers and manufacturers -transporters, distribution centers, warehouses -Retailers and all other parties associated tasked with the successful devivery of final product/se...

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  • November 13, 2024
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  • 2024/2025
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EmilyCharlene
SCM 300 Exam 1 Davila Study Guide
Solutions Updated 2024

Supply chain management- - ANSWER✔✔-Efficient integration of:


-Suppliers and manufacturers


-transporters, distribution centers, warehouses


-Retailers and all other parties associated tasked with the successful devivery of final

product/service


Primary goals of Corporation - ANSWER✔✔--Sustain Long-term profits


-Maximize Return on Investment (ROI)


How to do it? make money, avoid waste


Profit formula - ANSWER✔✔-Revenue - Cost


(SC costs: materials, labor, energy, transportation, packaging, storage, defects,

insurance)


ROI formula - ANSWER✔✔-Profit / Investment


Aspects, formula of Value (customer perspective) - ANSWER✔✔-What do I get

(Quantity, quality)
Copyright ©EMILYCHARLENE2025. ALL RIGHTS RESERVED
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, ------------------------------------


What is the price? (money, time)




-Trust, quality, way company presents self


Aspects, formula of Productivity (Organizational Perspective) - ANSWER✔✔-What did

I make? (Outputs)


-------------------------------


What was the cost (Inputs)




-Dont want to waste things.


The 4 Competitive Priorities - ANSWER✔✔-1. Cost


2. Quality


3. Speed/time


4. Flexibility


Aspects of COST (competitive priorities) - ANSWER✔✔--Material Cost


-Production Cost


-Packaging


Copyright ©EMILYCHARLENE2025. ALL RIGHTS RESERVED
Page 2/10

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