2nd tier suppliers - Study guides, Class notes & Summaries

Operation management refers to managing the process to ______________________, in alignment with the company's business strategy as efficiently and effectively as possible, while also controlling costs Convert resources into goods/services The nature of Ops is carried out ___________________ and depends on the nature of the products or services in the portfolio varies by company Brainpower Read More 0:01 / 0:15 Manufacturing To process or make raw materials or components...

SCM 301 Amber Bellville Exam 1 A supply chain consists of - ANS The flow of products and services from - Raw materials manufacturers -Component and intermediate manufacturers -Final product manufacturers -Wholesalers and distributors -Retailers Supply Chain Management - ANS The design and management of seamless, value added processes across organizational boundaries to meet the real needs of the end customer Internal Supply Chain - ANS The portion of the supply chain o...

Supply Chain Management the management of the chain of supplies buy it -> make it -> move it -> sell it -> service it SCM Flows/Strategy 1. cost 2. quality 3. speed/time 4. flexibility Competitive Priorities value (what i get/price) customers perspective productivity (what i make/cost) organization perspective 1. Procurement 2. Operations 3. Logistics SCM Key Components Procurement (buy it) process of obtaining services, supplies,...

SCM 300 EXAM 1 STUDY GUIDE LATEST 2023 NEW A RATED EXAM Supply Chain Management: The Efficient Integration of: suppliers, manufacturers, transportation organizations and other parties responsible for bringing products and services to market (doing the least amount of work for the best product) -Achieve Goals -Execute Efficiently -Manage Resources Operations Management: Design, operation, and improvement of the production systems that efficiently transform INPUTS into finished goods maxi...

WGU C182 Introduction to IT Exam with Verified Answers 2024/2025 Information Technology - - The technology used in creating, maintaining, and making information accessible. IT Professional Roles - - Administration and Support System Administrator - - Maintains all aspects of the system including hardware, software, and programming. Network Administrator - - In charge of all aspects of the computer network Database Administrator - - Focuses on the design, development, and support of data...

SCM 300 Module 1,2,3,4 Supply Chain Management - Answer- The effective & efficient integration of the suppliers, manufacturers, transportation organizations, as well as the other parties responsible for collectively bringing products & services to market. Procurement - Answer- Branch of supply chain responsible for acquiring materials, equipment, products, & services. Operations - Answer- Responsible for making business processes effective & efficient. Highest quality with fewest resour...

SCM 301 Final- Iowa State University Warehousing - ANS Companies storing their purchases, work-in progress, and finished goods Distribution Center - ANS A warehouse that is used to receive bulk shipments, break them down, repackage items, and distribute them to a manufacturing center or retail center Crossdocking - ANS Unloading an inbound vehicle and reloading the product onto an outbound vehicle with little to no storage Sorting - ANS Separating products into grades a...

SCM 300 Exam 1 MODULE 1 Supply Chain Management (SCM): - Answer- "The effective and efficient integration of the suppliers, manufacturers, transportation organizations as well as the other parties responsible for collectively bringing products and services to market." Procurement - Answer- "The branch of an organization responsible for acquiring materials, equipment, products, and services. This would entail finding suppliers, choosing the supplier that offers the best value, negotiatin...

SCM 300 Exam 1 Modules 1-4 (Davila) Supply Chain Management - Answer- the management of the chain of supplies buy it -> make it -> move it -> sell it -> service it - Answer- SCM Flows/Strategy 1. cost 2. quality 3. speed/time 4. flexibility - Answer- Competitive Priorities value (what i get/price) - Answer- customers perspective productivity (what i make/cost) - Answer- organization perspective 1. Procurement 2. Operations 3. Logistics - Answer- SCM Key Compone...

APICS CSCP questions and answers As you plan a manufactured product supply chain, what is considered the most crucial element? - answer-Component 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? - answer-Doubling back. When a raw material supplier ends up using a component that they produce in their own ...