A supply chain ends with - Study guides, Class notes & Summaries

APICS CSCP Exam Questions With 100% Verified Answers As you plan a manufactured product supply chain, what is considered the most crucial element? - answerComponent suppliers. without the base components required for the product, the rest of the suppl chain cannot operate as designed. The owner of a coal mine need power for the machinery that he uses to extract the coal. what is this and example of? - answerDoubling back. When a raw material supplier ends up using a component that they pr...

Sociology 101 Straighterline Exam Questions and Complete Solutions __________ involves aspects of social life that have to do with order, stability, and social organization that allow societies and groups to hold together and endure. - Answer: Social statics Herbert Spencer viewed society as a system, having important similarities with - Answer: a biological organism __________ refers to processes of social life that pattern institutional development and have to do with social change. -...

SCMN 2150 Test 2 Modules 4, 5, 6 Questions and Answers Already Passed What is logistics? The part of supply chain management that focuses on the planning, implementation, and control of the flow and storage of goods, relevant info., and related services What is fulfillment? The primary method of distributing product to a store. The process that begins with an order inquiry and ends with the delivery of a product to a customer. Why have logistics and fulfillment grown in importance? P...

Stage 13: Assest management/end of life The procurement professional should evaluate whether the need is still current. If it is and unchanged, the procurement cycle process commences again but from a different stage as the need is already known and understood. If the need is not required the buyer should manage the end of life by reducing stock levels and informing the supplier Anti-bribery procedures -Proportionate procedures: should be in line with the ype of bribery risk and scale tha...

What is logistics? : The part of supply chain management that focuses on the planning, implementation, and control of the flow and storage of goods, relevant info., and related services What is fulfillment? : The primary method of distributing product to a store. The process that begins with an order inquiry and ends with the delivery of a product to a customer. Why have logistics and fulfillment grown in importance? : Promotes activity and strategic integration, boosts demand, promot...

Briefly describe the terms operations management and supply chainoperations management relates to the management of systems or processes that create goods and/or provide services. These processes involve the planning, coordination, and execution of all activities within an organization that create goods and services. supply chain is the sequence of organizations, including their facilities, functions, and activities, that are involved in producing and delivering a product or service. T...

CLT- STUDY GUIDE EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADEA+ Which of the following terminology refers to protecting industries by restricting the amount of goods hat can be imported during a period of time? p.111 Correct Answer: Qoutas Due to the global nature of the supply chain, logistics workers need to be able to work within an international environment. Which of the following terms refers to products made in one country and sold in a foreign co...

C - correct answer Which of the following is an example of a voluntary debtor-creditor relationship: A. Requiring specific information B. Receiving a monetary gift C. Obtaining a loan from a bank D. Owing punitive damages B - correct answer Every channel of distribution begins with the __________ and ends with the user or consumer. A. intermediary B. producer C. retailer D. agent D - correct answer How does implementing an electronic data interchange (EDI) system benefit businesses...

4 Reasons to Study OM - 1) study how people organize themselves for a productive enterprise 2) to know how goods and services are produced 3) to understand what operations managers do 4) Because it is a costly part of an organization Operations Management - set of activities that create value (goods/services) by transforming inputs into outputs - discipline applied to any org activity - costly part of organization - opportunity to improve profitability and enhance service to society Cha...

COB Operations - Ch 1 EXAM LATEST REAL QUESTIONS AND CORRECT ANSWERS WITH RATIONALES|ALREDY GRADED A+ NOT part of the role of OPERATIONS in a business - ANSWER- promote org's goods or service (marketing) secure financial resources for projects (finance) ops = - produce goods and/or services - match supply with demand Goods vs services - ANSWER- goods = physical objects services = activities Three basic functional areas - ANSWER- finance marketing operations Supply chain defini...