Typical supply chain - Study guides, Class notes & Summaries

CIPS L4M2 Exam Questions with correct answers 2024/2025When should Competitive bidding not be used? - correct answer Where price cannot be establish with certainty Where price isn't the only variable Where there are significant set up costs involved Which 3 types of Whole Life Costing (WLC) models can be used in the planning stage? - correct answer Decision support models Simulation models Optimisation models What do Decision Support models do in WLC? - correct answer Identify the ...

SCM 300 Exam Questions with Correct Answers is the Efficient Integration of suppliers, transporters, manufacturers, warehouses, retailers and all other parties associated with the delivery of the final product.• Achieve Goals - Cost, Speed, Quality.. • Efficient Execution - Get things done right, but with minimal effort and resources Manage Resources - People, Materials, Machines.. - Answer-Supply Chain Management firm whose business include former suppliers and/or customers;Form of ...

Which of the following inspections involves checking for air, water or ground pollution? Environmental Inspection OSHA standards set the maximum requirement; supply chain logistics facilities may NOT use additional guidelines from other government agencies or industry organizations False OSHA sets only the minimum requirements. Which of the following best describes the financial aids employers are required to provide to workers who are injured on the job? Worker's Compensation ...

Answered) CIPS L4M1 Scope and Influence of Procurement and Supply 2024 What is Procurement? Procurement is a STRATEGIC function of a business obtains something Tangible as goods or Intangible as services. Include Purchasing Inventory, Logistics, Supply, Waste Management Quality, Cost, Added Value What is Purchasing? Is the ACT of physically ordering and buying something. What is Supply? Is the INFRASTRUCTURE which ensures that products and services get from supplier to the customer. Wha...

CIPS L4M2When should Competitive bidding not be used? - correct answer Where price cannot be establish with certainty Where price isn't the only variable Where there are significant set up costs involved Which 3 types of Whole Life Costing (WLC) models can be used in the planning stage? - correct answer Decision support models Simulation models Optimisation models What do Decision Support models do in WLC? - correct answer Identify the issue to find possible alternatives What do...

OSCM Test 1 Question and answers verified to passOSCM Test 1 one reason for studying operations and supply chain management is... - correct answer all managers should understand the basic principles that guide the design of transformation processes the goods-services continuum consists of what categories? - correct answer pure goods, core goods, core services, pure services what is defined as a core good? - correct answer data storage systems current issues in OSCM do not include: ...

MAR 3203 UCF Exam 4 Questions & Answers 2024/2025 Supply Chain Management (SCM) - ANSWERSthe coordination of all supply chain activities, starting with raw materials and ending with a satisfied customer. make or buy decision - ANSWERSa decision concerning whether an item should be produced internally or purchased from an outside supplier Outsourcing - ANSWERSobtain (goods or a service) from an outside or foreign supplier, especially in place of an internal source. Vertical Integrat...

CIS 235 Final Exam Questions With 100% Correct Answers What are the 4 phases of Customer Life Cycle? Do you know the order of the phases? - answerMarketing Customer acquisition Relationship management Loss/Churn How does CRM work along Customer Lifecycle? - answerEvery contact and transaction with the customer is recorded in the CRM database. What are the CRM components that are used for solicitation/lead tracking and relationship management? - answerLead Management Application (Market...

Dustin Cole SCMN 3730 Final Exam with Verified Answers Kraljic's purchasing matric High : Leverage, Strategic Low: Non- Critical, Critical/Bottle Neck Low,High Kraljic's purchasing requirements and focus - Strategic item's - Bottleneck item's - Leverage item's - non-critical item's Kraljic's management types - Focus - KPI - Typical Suppliers - Time Horizon - Item's purchased - Supply - Decision authority economies of scale Occur when costs per unit decline as th...

BUAD 342 Exam 1 with Certified Solutions For-profit organizations organizations strive to generate a profit (revenue in excess of expenses). These profits can be reinvested into the company or distributed to owners and/or shareholders. take several legal forms such as unincorporated (sole proprietorships or partnerships), corporations (C Corporations and S Corporations) and limited liability companies (LLC). Not for Profit organizations organizations strive to provide particular s...